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The time now is 10/07/08 - 20:29

How to build a financial safety net?


RealCool.BIZ Forum Index -> Finance -> Money Management

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zechariah
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Joined: 11 Jun 2005
Posts: 4



PostPosted: 06/02/08 - 09:26    Post subject: Reply with quote

I have recently been looking to save some money, but also to get some good insurance. I do not have much experience with it. However, I would like to know whether it is a good way to build a financial safety net in case of an illness. If anyone could help me, that would be great. Thanks in advance.
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morlee
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Joined: 28 Sep 2006
Posts: 5



PostPosted: 07/02/08 - 00:22    Post subject: Reply with quote

Insurance policies are one of the most important aspect of your financial security when you have some valuable asset to protect. The truth is, you always have at least one - your life and health. It is a perfect safety net for you. Now, it seems to me that it will be important for you to know exactly what kind of cover to have in order to be able to plan the payments to your insurance company, but also to know what kind of money to expect if something unfortunate, an illness happens. It would definitely prevent a disaster. It seems to me that the best way to calculate your cover is to go to http://www.criticalillness.co.uk/howmuch.html, or to http://www.csf.com.au/insurance/
how_much_cover_do_i_need.htm. Either of these sites will give you what you need. Best of luck.
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