Do You Have a Financial Plan If Your Main Income Suddenly Stops?

At TikiWealth, we believe that a strong financial plan doesn't start with investment—it starts with protection. And insurance is the first building block.

1. The Overlooked Risk: Unprotected Income

Imagine this: you're working hard, earning a stable income, and saving steadily for the future. But what if, starting tomorrow, you could no longer work—due to illness, an accident, or an untimely passing? Your income vanishes, but the bills keep coming.

• Who will cover your rent or mortgage payments?

• Can your children still afford college or daycare?

• Will your retirement plans survive?

👉 Without protection, your entire financial structure is at risk.

2. Why Insurance Is the First Step in Any Solid Financial Plan

Insurance isn't just a cost—it's the safety net for your most valuable asset: you.
Below are three core types of insurance every income earner should consider:

a. Life Insurance

If you pass away unexpectedly, life insurance provides a tax-free lump sum to your family. This money can help:

• Pay off outstanding debts or mortgages

• Cover daily living expenses

• Fund your children’s education

• Replace lost income

💡 Whole life insurance also builds cash value over time, which you can borrow against or use as an asset.

b. Critical Illness Insurance

One diagnosis—like cancer, stroke, or heart disease—can put you out of work for months. Critical illness insurance pays out a lump-sum tax-free benefit upon diagnosis to help:

• Cover medical costs not included in public healthcare

• Take recovery time without financial pressure

• Support your family during a crisis

c. Disability Insurance

If an illness or accident prevents you from working, disability insurance replaces 60–70% of your monthly income, ensuring your essential expenses are still covered.

3. Where Should You Start?

Many people delay buying insurance thinking “I’ll get to it later” or “I don’t need it yet.” But here’s the truth:

• The younger you are, the cheaper the premiums

• If your health declines, you may not qualify

• The best time to get insurance is before you need it

At TikiWealth, our advisors will:

✅ Assess your financial needs and family situation
✅ Recommend the right insurance options based on your budget and goals
✅ Build a plan that balances protection, investment, and tax efficiency

4. A Complete Financial Plan = Protection + Growth

A successful financial plan is not just about growing wealth—it’s about protecting it. Smart investments grow your assets, while insurance protects your income and your loved ones.

Think of insurance as a financial contract that safeguards your future, not just a monthly expense.

✅ Conclusion: Don’t Let Lost Income = Lost Everything

You can rebuild wealth, but you can't rebuild time or health. Preparing for the unexpected is one of the smartest investments you can make for your family and your future.

📞 Contact TikiWealth today to start building your protection-first financial strategy.