https://www.tal.com.au/claims/human-stories/scotties-story
Hello Fellow Investors,
Scottie’s story is an excellent read that does a very good job outlining the importance of insurance. I would encourage everyone to have a read of it. It outlines the story of Scottie, a 40-year-old man who took out Trauma and Income Protection with TAL, then claimed on it after being diagnosed with bowel cancer.
This Brisbane financial planning practice has had many cases like this occur over the 15 years it’s been open. All personal insurances—Income Protection, Life, TPD, and Trauma—have their purposes and can be essential for protecting your lifestyle and your family.
One other point from Scottie’s story is that once you have had a condition, it can be more difficult or harder to get cover. This is an excellent point: once you have cancer, you likely aren’t going to be able to get cover. The truth of insurance is that once you really need it, it’s too late to get it; you must have it first.
Joshua Napier (Associate)