Some financial decisions are taken out of our hands. If you have a mortgage, the lender will insist that the property is adequately insured. If you have a business, there are legal requirements relating to insurance.
Most financial matters, however, leave us with choices:
Some, are relatively easy – such as whether to have life assurance to protect your family in the event of unforeseen circumstances.
Other decisions – for example, about pension planning matters, or savings and Investment – are significantly more complex.
Some areas of vulnerability may not have actually occurred to you. Such as, Cover to protect you in the event of a Critical Illness, or protecting your income if you are ill and unable to work.