Insure it. It's worth it16 June 2017
Scott Pape knows the importance of insurance.
1 in 2 Victorians* don’t have insurance – or don’t have enough.
“My family and I lost everything to a bushfire in 2014. So we know just how critical insurance is. If you live in a disaster-prone area, think about the replacement cost of every single thing you own. I’ll bet it’s more than you think. So whether you own your home or you’re renting, don’t risk it. Insure it. It’s worth it”.
The Barefoot Investor
Without insurance, it could take you years to get back on your feet. And government support will never be enough to replace everything and get you back to where you were. That’s why having insurance is an absolute necessity.
Whether you’re an owner or a renter, there are insurance products on the market for you, to cover your home and household possessions. You might be surprised to discover how little it can cost to get enough insurance to cover it all.
To find out more, visit insureit.vic.gov.au
* Department of Health and Human Services UnderInsurance Research Into low-income earners in high-risk regions by Essence Communications Dec 2016