It is time to identify the right actions to take in your “secondo tempo”, in the context of financial advice and protection of your family and business.
The first thing to do is to analyse your insurance protection needs in order to fully understand which serious events could damage your plans or require more money than you have.
Why should you do this?
Because if you think about it, it is imprudent to only take care of your investments and your profession without protecting yourself from unforeseen events that could frustrate all your efforts and threaten your entire wealth: an accident, an illness, a claim for damages or a criminal complaint are unfortunate events, but unfortunately no longer so infrequent.
Therefore, you must:
1. first of all, protect the physical and economic safety of your family and business;
2. next, protect yourself for your family and professional civil liabilities;
3. finally, consider how to protect your assets
Instead, many people tend to reverse priorities. For example, car fire and theft policies are more popular than accident or health insurances. Doesn't sound very wise, does it? Think about it with me:
If you are in good health, thanks to your job you will be able to buy more cars in case of theft; a serious accident, instead, would force you to sell the only car you have to meet expenses! Moreover, without your presence your profession and family cease to exist and you will leave those left behind in great difficulty.
It is not possible to change fate, but it is necessary to take action to minimise the economic damage that an unforeseen event can cause.
