Imagine waking up tomorrow unable to work—how would your family cope? 😳
Dr Jeffrey Scott, Head of Advice Strategy at MetLife Australia, outlines four essential insurance types:
✅ death cover for family protection
✅ total and permanent disability insurance for unexpected setbacks
✅ trauma insurance for specific medical conditions
✅ income protection insurance
Income protection insurance is the linchpin. If injury or illness strikes, it replaces 70-75% of your income. 💰
Your income is your greatest asset, and when it’s at risk, this insurance guarantees your family’s financial stability—keeping the roof over your head, food on the table, and bills paid.
🎧 Listen to the full episode on Spotify, YouTube, or wherever you get your podcasts. (The Wealth Guide Podcast – Ep4)
#rykercapital #insurance #income #asset
Links 👇
Spotify: https://spoti.fi/3qJL8w4
Apple Podcast: https://apple.co/3QPF3ch
Amazon Music: https://amzn.to/3YMZjgD
Google Podcast: https://bit.ly/3swIVEF