Tag Archives: parenting

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.

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?