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Cursing won’t help you if illness strikes

Chef Gordon Ramsay had to make a dramatic exit from a recent celebrity football match after a particularly nasty tackle by an opponent.

The television chef, renowned for his brutal straight talking in the kitchen, must have been gutted to find himself being stretchered off the pitch.

Sometimes, no amount of planning or training can guarantee things will go how we want them to.

However, there are areas where people can take control and be prepared for the unexpected.

Protection insurance is an example. Most people take good health for granted, even though it is impossible to know what’s around the corner.

But they can be prepared financially if an unexpected illness or accident forces them to take prolonged time off work.

While those in the industry and people who have had to make a claim know the value of protection insurance, it can be a challenging sell for advisers.

People think nothing of insuring their mobile phones, holidays and pets, but when it comes to insuring themselves and their family it is a different matter.

Having cover in place could prove invaluable should disaster strike. It will safeguard a family’s financial future and make other aspects of their life possible.

Ramsay will no doubt have been swearing all the way to the hospital.

Make sure your clients have no reason to curse because they were caught out without a financial safety net.

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Marketwatch – June 2012

My colleague Andrew Montlake is taking a well deserved holiday this week.