Life’s little surprises

Posted by:

facebook-Linked_Image___ross-findon-303091-unsplashLast week I sat down with a couple to do a review of their insurances. It was a great meeting for a couple of reasons and I wanted to share the experience here…

I first started working with this couple a little over four years ago. Let’s call them Jack and Jill. Jack and Jill were newly married and wanted to get their life insurance sorted. We talked about what they needed to do to protect their assets and income against any of life’s little surprises. At the time, Jack and Jill were both living in Sydney but Jack had an investment property in Melbourne and they eventually wanted to move down there and renovate it together.

One thing I remember from our first meeting is that Jack and Jill were really excited about the next part of their life together. I couldn’t help but be excited for them too. We put together a plan for their insurances that also took into account their goal of moving interstate.

Every year, when we would catch-up for our annual review meeting, I would get to hear how much closer they’d gotten to their goal. In just a few years, Jack and Jill managed to save up enough money to get their renovations started in Melbourne, then both found new jobs down south so they were able to move this time last year. So exciting!

They were worried that they would need to find a new financial adviser when they moved, but these days there’s no need to be in the same room for a review meeting. For our most recent catch-up we spoke to each other over Skype.

Which is why it wasn’t until a little way into our meeting that I got a surprise of my own. We’d been chatting for a few minutes before Jill stood up and revealed she was very, very pregnant! Their first child was due in just three weeks. Naturally, our meeting was then focused on making the changes to their insurances to account for the growing family. But we also had a wonderful time talking about baby names, whether they were hoping for a boy or a girl, and all the best baby boutiques in Melbourne!

It’s not surprising, but having a baby is one of the main reasons that people have for taking out or reviewing their insurance. But it’s worth reviewing your insurances no matter what life changes come your way. If something has changed in your life, good or bad, I recommend getting in touch with your adviser and letting them know. You might not need to make any changes to your insurances or financial plan, but I guarantee they’ll feel as privileged as I do to be sharing in your life journey. I know I’ve said it before, but it really is one of the best things about my job.

57


About the Author:

Tatiana has over 10 years experience within Financial Services with the last 7 years focussed on Life Risk. Tatiana has held Senior roles with a number of organisations such as Macquarie, AMP and OnePath prior to starting Monarch Advisory Group. Tatiana holds an Advanced Diploma of Financial Services and is completing the CFP (Certified Financial Planner) through the FPA (Financial Planning Association). Tatiana is also a member of the FPA, which is the highest professional body for the Financial Planning industry. Tatiana is very approachable and passionate about ensuring her friends, family and clients are properly protected in the unfortunate event that something goes wrong.

You must be logged in to post a comment.