Tag Archives: health

Have you heard about Child Trauma Cover?

If you’ve got kids, then one of the biggest things to concern you is their health.  Sniffles and colds are par for the course, as are bruises, bumps and scrapes.  But sometimes, life takes a much more serious turn… and I don’t just mean a broken arm!

Serious childhood illnesses can include cancers and tumours, organ failure, severe burns, traumatic head injury and blood borne illness.  Most of us know someone who’s had to nurse their little ones through leukemia or heart surgeries from quite young.

Many I speak with however, are unaware that Child Trauma cover even exists.  When I first heard about the cover, I made sure my children were signed up as soon as eligible. They have to be aged 2 to qualify.

In the event of a claim, the funds can be used to cover medical costs that may otherwise leave you well out of pocket.

A major factor in a child’s ability to pull through a major illness or injury can be the ability to spend time with parents, both preferably, through their convalescence.  So the lump sum received isn’t just about costs, it may also allow time off work as unpaid leave to allow you to just ‘be there’ for your little poeople.

But if you’re thinking the cost is prohibitive, think again.  Cover is approx. $1 for $10,000 cover, per month.  So, $100k is around $10 per month or $120 per annum and can be added to your existing personal insurances like your own Trauma cover (and only outside of superannuation.)  And, when the kids turn 18 or 21, cover can be converted to Adult Trauma cover with no underwriting.

 

 

If you’d like to investigate this cover further, don’t hesitate to give me a call or chat with your financial adviser.

Is Travel Insurance really necessary?

Travel is a whole lot of fun!  And as we know, it can also be a little expensive!  Sometimes, travel insurance may seem like that one last item that tips we scales and we say no, it’s too much!

But firstly, what does it even cover?

Typically, you’ll be protected for:-

  • Loss of luggage and personal items, like cameras and phones
  • Disruptions to travel plans, like flight cancellations
  • Theft of your goods, and most importantly…
  • Medical expenses from injury or illness.

If you’ve never had the privelege of being sick in the USA, I hope you never are.  Medical teatment in some countries can cost a fortune if you don’t have travel insurance! According to the National Business Group, you may be out of pocket up to $1,000,000 for a heart attack!

But, it’s also Buyer Beware!  Usually, you won’t be covered for extreme sports, pre-existing medical conditions, acts of terrorism and some natural disasters, loss or theft of unattended baggage, travel to areas where there is an official travel warning issued, financial failure of a provider or pregnancy related issues after around 22 weeks.  If you’re likely to be affected by any of these, take care!

Top Tips!

Usually, you’ll find out the cost of the cover pretty quickly, but be sure to enquire about the excess applicable to any claims; what’s included and what’s not; dollar limits for your more expensivce items and total values covered; what proof you need at claim time and how to contact you’re provider if you’re overseas.

Be honest when completing the forms.  You don’t want your claim denied because you failed to mention a health condition!

Once you’ve purchased cover you’re happy with and stashed the details, pack light and enjoy the flight!  And if you’re a frequent traveller, ask about a coporate or annual travel insurance plan

I’d never leave home without it!

Time to get Honest with Yourself

Most of us like to think of ourselves as an honest person.

It’s a fabulous quality and one that we often admire in others, and we tend to deride those who we know don’t live up to their promises.

Yet, chances are, we lie to ourselves all the time.  Are there things you don’t like to face up to?  It could be our weight or our health?  Possibly our financial situation isn’t the most desirable or where we’d like it to be?  We may have issues in our relationships we don’t want to face, addictions to overcome and other personal battles to wage.

Are you guilty of telling yourself that things are really better than they actually are?  We all have issues we’d rather not deal with.  It often seems much easier to keep busy than to stop and face our challenges.

Unfortunately, putting things off can just delay the inevitable.  Not dealing with our financial situation now, can mean disaster down the track.  Don’t look back years away and say, ‘I wish I’d started sooner and I wouldn’t be in this mess now!’

It takes courage to look at how things really are.  Take off the rose coloured glasses.  The alternate can cost us our health, wealth, relationships and happiness.

Being aware of what needs to change is the start of any process.  Committing to start making change, not pushing it away, however unpleasant can be the first step to start hunting solutions down, or even having them appear to us.

It’s not easy to find the courage to face our fears, yet being honest with ourselves, taking responsibility for the situation and committing to turn things around can yield amazing results.

I’d love to hear what you’ve decided to ‘fess up to, tackle and change in your life and how it turned out for you.

Your Life Lessons Legacy

Whether you have kids now or want them in the future, take a moment to think about what lessons you’d really like your kids to learn from you: And there’s tons to choose from! Good Self Esteem? Great Communication Skills? Business Acumen? Knowing that it’s ok to pursue their dreams? Diligence and Hard work? How the world really works? A good relationship with money? Generosity? Healthy Eating  Habits? Philanthropy? All of the above?

What do you feel you’re able to pass onto them that you yourself are fully living by example? If you want happy kids, are you happy? If you really want healthy babies, how do you treat your own body?  If you want them to be financially secure, are you modelling those behaviours?

We all want to be perfect parents and yes, we all try very hard. (I was such a perfect parent before I had kids!! Took just one to mess that delusion up!  Now I’m just great at other people’s kids!)

Not surprisingly however, the very best things we can teach  are children are by our own example. Not as it turns out, by getting them into the best schools, or running around cramming in loads of extra-curricular activities etc.

It’s only when we decide to truly embody a behaviour ourselves, that they can truly learn and model that for themselves.  How scary is that?  (I might have to start saving for their therapy sessions now!)

Are you acting in integrity with what you want your kids to become?

What does Success mean to you?

Many people don’t know what type of marker they need to reach to feel ‘successful.’

A lot define success in terms of wealth.  But if it’s just a money goal you’re striving for, chances are, it keeps changing. If it’s being married, that also moves possibly to having kids – even high achieving, brainy, successful, happy, sporty kids. If it’s owning property, that too can change.  Is one enough?  Two or three?  How big do you want this portfolio to be?  Is it having $1 million in the bank?  Or as simple as an emergency fund of $5,000 set aside?   Do you ever think, “I’ll be a success when…  ”

As it turns out, Credit Suisse advised in 2013 that Aussies are the world’s richest people, according to the median wealth of adult Australians.*

So, let’s take a step back.  Figure out what needs to happen for you to feel like you are a success. What is it for you?  Each of us have very different measurements for success.  It might be achieving and maintaining a goal weight.  Conquering a fear. A visit to a country you’ve always dreamed of going to.  A happy life partnership.  Maybe a couple of kids.  A job that pays the bills.  Inner calm.  Health.  We all have different measures – time to find out what yours is.  You might find that financial goals are way down the list.

The important thing is to give yourself plenty of ways to feel successful.  Chances are, you are already successful; you just don’t allow yourself to feel it because there’s always something else you’re focusing on.

Each day, allow yourself to feel successful. Try and relax into a whole other way of seeing what is already working for you.  Congratulate yourself that you made it through another day.  There’s food on the table, a roof over your head, some dollars in your pocket, work to be done and goals to still be met.

Many find keeping a gratitude journal and noting each day what good things happen helps them to feel content.  It’s the little things that count.  It might be as simple as not losing your cool when everything around you goes to pot!  (Winner, Winner, Chicken Dinner!!)  Let that put a smile on your dial!

Without trying to sound too ‘woo woo’ – there is external success that you can choose to measure by societal or personal standards; and then there is the internal success of knowing what and who you are, and being cool with that. This is quite possibly, the ultimate measure of success.

How do you measure your personal success?  Do you feel a success already?  Or is there one thing you want to achieve for you to know you’d ‘made it?’  I’d love to hear your take on success.

The Working Woman Juggle

As most women already know, there’s lots to juggle all at once. There’s our partner’s needs, the kids, maintaining the home and household, extended family, friends and fitting in the ‘me’ time.  And whilst some of this can be outsourced, in practice, it’s not always possible.

Which in turn, raises two major issues in life that need facing: Heath and Wealth.  If you’re healthy, efforts can be made to invest wisely.  If you’re unwell, here’s hoping you have adequate strategies in place.

Stress tends to pressure the adrenals into working overtime, producing cortisol and adrenalin.  That’s great if you’re trying to fight a huge spider, but on an ongoing basis, doesn’t do wonders for the internal organs.  Side effects can include high blood pressure which in turn raises other health risks.    The scary stats are that women have a 55% prevalence of cardiovascular disease (men 45%) and 5% burden of stroke (men 4%) and two thirds of all heart failure sufferers are female.  (Australia’s Health 2008)

And most women deal with stress by smoking and/or drinking.  Both of which also cause an increase in likelihood of cancer and organ damage.  Drug use is on the rise and it’s also difficult to maintain a great diet when eating on the run or at erratic hours,  and reaching for the comfort food or fast food.

Many women over 55 now have higher cholesterol than men and a greater incidence of diabetes mellitus.  Women also choose to put off child bearing to a later age, and unfortunately this in turn can lead to increased complications!

Who’d be a working woman??

Or the better question is… how can we reduce some of the stress??  Well, the top tips will come as no surprise, and take a little planning.

1. Ensure the diet is improved – even just increasing the fruit and veg and water intake can help.

2. Quit smoking.  You know why!

3. Decrease the amount of alcohol taken.  I’m up for a glass of bubbles as much as the next girl, but do ensure there’s a  couple of alcohol free days each week.

4. Time Management.  Take a look-see at each day and see if there isn’t just a better way of getting things done.  Can you delegate some tasks? Rearrange others? Have someone help out with the kids each week. Meal clubs and car pools can work wonders to free up time.

And for your own sake, please consider:  Life Insurance, Total & Permanent Disablement Cover, Trauma Protection and Disability Income Cover.

With such hugely active lifestyles now and associated risk factors, it’s vital that working girls have the products to provide an income stream or ability to pay down debts in the event of the unexpected.

Look after yourself!  You’re worth it!

WomanHappy