Busting the Myth: I don’t need insurance I can just rely on government support
Автор: Skye Wealth
Загружено: 2025-10-15
Просмотров: 6
This one comes up a lot… but it’s simply not true.
The NDIS currently costs around $50 billion a year, and the government is already looking for ways to scale it back. On top of that, the Disability Support Pension pays roughly $1,000 a fortnight — that’s about $26,000 a year — and limits how much you can work before payments are reduced.
That’s not nearly enough to live on, let alone maintain your lifestyle or support a family.
The reality? Relying solely on government support could leave you financially stuck. Having the right personal insurance in place gives you security, independence, and peace of mind.
#skyebustingthemyth #insuranceadvice #financialwellbeing #lifeinsurance #incomeprotection
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