How Much Do I NEED?

This is another really common question.

Unfortunately, we can’t really go into detail here about this, as it’s different for each person and we’re quite wary of stepping over the (legislative) line and giving financial advice.

We really recommend obtaining personal financial advice when it comes to working out how much you need.

How We Do It.

But so you know, for us, the process is:

  1. Find out about the client - personal details, financial information, etc.
  2. Work out if they need insurance.
  3. Work out how much they need - we have specific and detailed calculators for this task.
  4. Make our recommendations.
  5. Implement the recommendations, with any client amendments.

From what we understand, this is the standard way of operating, so you can be pretty confident when you see an adviser that they’ll provide you with the cover you need.

Legislation, Legalities and Law Suits

Another benefit to seeing an adviser is the security of having a professional provide the advice.

If they do not give you the advice that you need, they could be professionally liable for any shortcomings in the advice.

Continue reading: Getting the Right Advice