What is your most valuable asset?
Is it a) your house, b) your superannuation, or c) your income?
For most people, the answer is c). Without the ability to earn income we don’t have the money to pay the bills and save for the future.
Financial security doesn’t just mean accumulating wealth but also protecting it. Many people insure their house and car but forget about protecting their income.
If you are sick or injured and cannot work, you may have savings or sick leave from your employer to keep you afloat. But after that…?