He’s where? The call you’ve been dreading.

It’s coming up to the end of the Financial Year again and that means two things. That a small band of morally upstanding Queensland gentlemen are given the legal opportunity to remonstrate our united disgust upon a group of carefully selected thugs and wife beaters from New South Wales.

More importantly for the mere mortals among us is the fact that the June 30 deadline is getting closer and closer. And that means a time of high stress for many families. Especially for those that work in white collar finance professions, are self employed or like me,both.

You’ve seen the signs every year around this time, a man whose business hours seem to have no end, a mum who has been so busy trying to pick up the slack of an unavailable husband that she’s late picking the kids up from after school care. For the second time this week.

Worse still, is the bags under the eyes, the short fuse and the tension. Oh, the tension. You could carve the air with a knife it’s so thick.You know for a fact that he’s been eating greasy takeaway food when he’s away late and you suspect he’s started smoking again.

But every year, you all seem to scrape through and in early July, your family goes for a weekend away. Nothing too far away though, because after all it’s only July and he may get called back urgently, but at least you can all take a breather before you wind down towards the new stress of Christmas.

This year for some reason, the hours have been longer, the stress has been higher and the knife edge, keener than it ever has before and then you get the call. That call! The one that breaks you out of your annual reverie.

Your husband has just had a heart attack and has been rushed to hospital in an ambulance.

By the time you get there he’s been stabilised and the immediate threat of death is dissipating.

And this is the time that your fear, really sets in because you know this man. You know that despite what his cardiologist tells him about relaxing and taking some time off work, he’s already starting to worry that he’s not doing his bit to help the team.

This is the time, that you know that, if he doesn’t rest now, he’ll have another attack and the rest will be permanent.

People in the medical fraternity tell us that many people can return to work 4 weeks after a heart attack and some as early as 2 weeks.

If I ever have a heart attack, I can assure you that the chances of my wife letting me go back to work in such a short period of time is remote.

There’d be a 3 month holiday at Musket Cove,my favourite resort in Fiji. There’d be consultations with a dietician and post heart attack excercise specialist. There’d be massages and you can bet your bottom dollar that the chances of her letting me sit down in front of a computer are equally slim.

Sure, we’d still have all the expenses of home to pay while we’re away. Loan repayments, memberships, insurances etc etc.

While it would be nice to have enough money to pay for all this just sitting around, the truth is that we’re a family like most others. Most of the money we earn goes to support our lifestyle, pay our bills and save for retirement.

What we do have though, that many families don’t is Trauma Insurance. Also known as critical Illness cover, Trauma Insurance pays out a lump sum in the event of a major illness.

Heart Attack, Cancer, Stroke and Open Heart Surgery are the major causes for claims in Australia but there are lots more.

Unlike Private Health insurance, you get to decide how much you want to get as a payout depending on how much Premium you’re prepared to pay.

The trick is to work out how much cover your family would need. This is where a Financial Planner like me with insurance specialisation experience can come in handy. Not all Financial Planners do, so be sure to ask.

What are you doing to prepare for the 1 in 3 chance that your family will be hit with a major medical event before age 65?

5 thoughts on “He’s where? The call you’ve been dreading.

  1. Kathryn Hodges

    Thanks for this post. I really appreciate that you are using story to help us understand how important these issues are.
    As an adviser (lawyer) I share the role you have to point out “what if” and then “what if”. Stories are just so powerful. Thank you for being brave enough to leave the description lf the stats and analysis to others (I’m not thinking for one minute you don’t do them) and to tell it as it really is. For so many.
    And yes, trauma is far more likely to happen than death. For the same reason, when people see me for a will, I always raise with them whether we need to do something about appointing someone to make decisions if they become too unwell to run their own life for a while.
    We all need to be mindful of the gift that is this life, and to seek to live a whole life.
    K x


  2. Aunty Vanessa (@gcpets)

    Whilst I personally may not be your market I do have to wonder when I’m watching all the ads on tv and reading blog posts like the above … everyone places emphasis on “the family”. What if your family consists of .. um.. a cat ?

    I’m single. No kids. One cat. Will Trauma Insurance pay out for someone like me ? Does it cover my expenses both in hospital and life for awhile ? I don’t need to worry about “my family” because … I don’t have one.

    What type of insurances are relevant for singles with no kids whom are sometimes self employed and sometimes business owners (there are some days where my business does operate without major input by me and other days where it would fall in a heap without me).


    1. rodneybukuya Post author

      Vanessa, I agree that most marketing is aimed at the insurance needs of families.

      I’ll be writing my next post with you in mind.

      much love



  3. drcarls

    Vanessa, single or with a family, can you survive two, three, six months if you are struck down unexpectedly and unable to work? Could you pay your mortgage? Rent? Buy food? Run your car? Pay bills? Income protection and trauma insurance are a must. Take it from me. I had a cardiac arrest aged 34. Even though I was married with two kids…..and the secondary income earner…we still relied on my salary. I would have had to push myself back to work, deal with my anxiety much faster, put myself under stress that could have resulted in another episode, if not for the fact, that purely by chance, I had taken out income insurance 2 years previously. Rodney, excellent post, and an important one…..one I am fairly passionate about as you can see!!!



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