Personal/Family Protection

As you generate and accumulate wealth, you need to be sure it is protected, and you need to protect yourself and your dependents in the event of a severe misfortune happening to you (it doesn't just happen to others).

The main four areas of infinite loss (of everything you own and everything you ever will own) are:

• Critical Illness of the Breadwinner or of a Family Member
• Death of the Breadwinner
• Disability of the Breadwinner
• Massive Liability Lawsuit

In these areas all your future income, or the use of virtually all future income, can be cut off from you and from your dependents.

Less than infinite, but nonetheless devastating, huge losses can occur with the loss of, say, your home or car, without adequate insurance. Such an occurrence can set you back for years in terms of savings and investmentment objectives.