Could you save a million dollars for medical expenses if disaster struck tomorrow? This revealing conversation challenges the popular notion that "self-insurance" through savings is a viable alternative to traditional insurance policies.We dive deep into a sobering real-life account of a young man whose life changed dramatically at age 26. Perfectly healthy one day—climbing poles as a linesman, exercising regularly, eating well—he found himself on an operating table just days later with a Crohn's disease diagnosis that nobody saw coming. His subsequent medical expenses over the next decade exceeded $1 million, a sum that would have been impossible to save independently at such a young age.The mathematics simply don't add up for most people considering the self-insurance route. We break down the stark reality: a basic life insurance policy costing around $1,300 annually might provide $500,000 in coverage immediately, while saving that same amount would take a staggering 384 years to reach equivalent protection. Even more concerning is the timing—health crises don't wait until you've saved enough, and other financial emergencies can deplete your reserves precisely when you need them most.Our most passionate plea comes for those in their 50s and 60s considering dropping coverage due to rising premiums. This is exactly when claims become most common, with heart attacks, strokes, and cancers becoming significantly more prevalent. Before making any decisions about your insurance, speak with a financial advisor who can explore alternatives, adjust your coverage, or potentially identify claim opportunities you weren't aware existed. One client mentioned in passing some heart problems and discovered she qualified for a $250,000 payout she would have otherwise missed.Want to learn more? Join our upcoming webinar where we'll expand on these crucial topics in greater detail. Your financial security isn't something to leave to chance—reach out today and let's create a protection plan that truly works.Send us a text Support the showBuy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72

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