I’m in the process of re-jigging my income/disability insurance converage and it has turned out to be a looong process. 2/3 of the way there, just one more policy to finalise and then I should be set up and not have to make any aplications ever again. It will just be a slow (planned) reduction in cover over the next couple of decades as retirement gets closer.
It would be great to have a crystal ball and know what the future will hold. It’s a massive amount of money to spend to (hopefully) receive nothing back. But if something does go wrong I won’t have to stress about finances or suffer a major drop in living standards.
I’m in the process of re-jigging my income/disability insurance converage and it has turned out to be a looong process. 2/3 of the way there, just one more policy to finalise and then I should be set up and not have to make any aplications ever again. It will just be a slow (planned) reduction in cover over the next couple of decades as retirement gets closer.
It would be great to have a crystal ball and know what the future will hold. It’s a massive amount of money to spend to (hopefully) receive nothing back. But if something does go wrong I won’t have to stress about finances or suffer a major drop in living standards.