Are you feeling sandwiched between looking after your adult children and elderly parents?
Maybe you find yourself facing financial demands from both your own young family and older family? You're not alone.
Welcome to the life of the Sandwiched Generation.
What happens when the one you’re caring for, outlives you?
The #1 question of parents and siblings with a special or additional needs child or sibling is usually:
Who will look after them when we’re not there?
Caitlin's story - Watch her journey as she talks about the problem of getting sick
Caitlin’s story, like no other, highlights the fundamental purpose of the life insurance industry and the power of protection for families during times of need - this is how we make a difference. Enabling Caitlin's mother to take considerable time off work, knowing bills will be paid and she can focus solely on the return to the wellness of her young child, is to do something that really matters.
"My mum was always there. She was there when I had to have proceedures ..."
Caitlin
Caitlins story courtesy of AIA Australia YouTube channel
The very Australian problem of underinsurance
When a 'she'll be right' attitude puts your family at risk
You don’t have to look far to find a story in the media about Australia’s underinsurance problem. It seems every bushfire season the same media reports another near identical tragedy of families losing everything and being underinsured or worse, not insured at all.
Scotties story - 41 Fit and married with a daughter and a cancer diagnosis
In 2013, 14,962 new cases of bowel cancer were diagnosed in Australia. If it's detected early enough, treatment can cure bowel cancer and stop it coming back. Unfortunately, a complete cure isn't always possible.
"I was told I have bowel cancer and I said, I'm too busy - I've got meetings tomorrow."Scottie
Scotties story courtesy of TAL Australia YouTube channel
Emmas story - The human face of underinsurance in Australia
Australia has an underinsurance problem. We overestimate our ability to cope in terrible situations and underestimate the amount of resources, money, time and support we'll need to survive, recover and rebuild.
"People think you grow old, then you die; but in reality that's not how it happens at all. People die early, tragically, quickly."Emma
Emma's story courtesy of Zurich Australia YouTube channel
Co-Owners and the new way to buy property and help your kids
Buying a property with others — Co-Owners & Limited Equity Guarantees
With increasing housing prices, changes in our spending and saving patterns, the ongoing uncertainty from the GFC and uncertain government economic policy, many people are now looking to Co-Ownership as a way to enter the property market with lower cost and lower risk. Simply put, Co-Ownership is now mainstream.
There are many ways to own property with other people
Different ownership structures bring different rights and responsibilities so it makes sense to understand the basics.
When a single property is owned by more than one person (or company) it can be owned either as;
- joint tenants or
- tenants in common
Video Interview
In this candid video, Drew Browne talks about one of the significant issues in financial insurance advice that often hinders the Australian consumer without them knowing; the approved product list.
What's an investment property really worth - and why it's often hard to find out
How do you measure the real value of an investment property?
Longer Reads
