An attempt to change what you know about buying financial products – keep your eye on the asterisk.
If you’ve ever researched a financial product online, like life insurance for instance, you will notice that whenever you read something, it will always be followed by the ’general advice’ disclaimer – also known as – the asterisk*
In short the Australian ‘general advice’ disclaimer basically says: This content, no matter how valuable it may seem, has not been written with your personal circumstances in mind. As such, there is no guarantee that what you are reading is right for you, no matter how good it may read. And if you implement this advice of your own accord, if the product you choose does not serve its purpose, well, too bad.
If you can wrap your head around that, you can understand that there must be pretty strong value to advice that DOES take your personal circumstances into account.
Often this route has no additional cost to shopping online and is usually even cheaper, and in the long run will save you countless hours on managing your life insurances, not to mention the comfort you will have with the certainty that someone you know will be there to assist you or your family in the unfortunate event of a claim.
Use a ‘real person’ specialist life insurance adviser, and get tailored advice to make sure you and your loved ones have the best possible cover.
*The actual General Advice disclaimer reads as follows:
This information is of a general nature only and has been prepared without taking into account your particular financial needs, circumstances and objectives. While every effort has been made to ensure the accuracy of the information, it is not guaranteed. You should obtain professional advice before acting on the information contained in this publication. You should read the Product Disclosure Statement (PDS) before making a decision about a product.