We are lucky to live in Australia, especially Camden “the black perl of Macarthur” with access to quality public and private hospitals. Our health care system is largely publicly funded, but unfortunately this doesn’t cover everything. Out-of-pocket expenses such as those associated with diagnosis, treatment, debt reduction and survival can weigh heavily on individuals and families. So without life insurance some of us will face the big Financial Burden (FB).
So what is Cancer? A term for diseases in which abnormal cells divide without control and can invade nearby tissues. Breast Cancer, the fastest growing cancer for females. it is estimated by year 2020, 47 females will diagnosed weekly.
The simple truth is, cancer doesn’t discriminate – children, teens, young adults, adults, recovering cancer patients, the elderly – we are all in cancers line of sight, you don’t need to sign up or take a ticket.
Grim outlook? Possibly. However death rates have fallen by 24% compared to 30 years ago. Medical advancements, early detection and change in lifestyle have all contributed to a decline in death rates. But here’s the kicker – with these advancements comes financial burden. Steve Grabowski can macarthur financial planning residents understand the types of insurance needed and remove the financial stress when an unplanned event happens.
Understanding the overall potential costs, and putting together a sound life insurance financial plan, which includes wealth management services macarthur and adequate life and trauma insurance, can play a role not just in treatment, but the mental and physical wellbeing off all involved.
