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Trauma Cover & Income Protection: Do You Really Need Both?

Trauma Cover & Income Protection: Do You Really Need Both?

by BFD Financial Planning | Nov 15, 2024 | Advice, Income Protection, Insurance

Trauma cover or income protection — which is right for you? While they may sound similar, they serve different purposes. Trauma cover pays a lump sum upon diagnosis of a specified serious illness, helping with medical costs, debts, or lifestyle adjustments. Income...
Why Income Protection Insurance Is Worth Your Time & Money

Why Income Protection Insurance Is Worth Your Time & Money

by BFD Financial Planning | Aug 15, 2024 | Income Protection, Insurance

For most Australians, income underpins everyday life, financial security, and family stability. Yet illness or injury can interrupt earning capacity suddenly and without warning, creating pressure at exactly the wrong time. This article unpacks what income protection...

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