The true cost of illness and how to prepare for it

The hidden costs of serious medical conditions can place an enormous strain on families. From cancer to chronic illness, the bills don’t stop at medical expenses. Lost income, childcare, travel, and long-term care add up fast. And with one in two Australians diagnosed with cancer before 85, it’s an issue that can’t be ignored. So how can you protect yourself? What role does financial planning play?
 
To break it all down, Adam Crabbe, Risk Strategy Specialist at Zurich, joins Yanish Geerdharry, Head of Advice of Financial Planning & Insurance at the Bongiorno Group. Adam shares insights from Zurich’s Cost of Care research and practical steps to safeguard your financial future.
 
This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.

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