How much does it cost to raise a child in Australia?
There’s no denying it: becoming a parent changes everything
If you’ve had a baby, then you know picking out a name, painting the nursery and packing the hospital bag is only just the beginning. When it comes to your finances, your health and your relationship, things will never quite be the same ever again.
So, whether you’re thinking about having your first baby or your fourth, here are a few important things you should consider before your bundle of joy comes along.
Good communication is an essential part of any healthy relationship, especially if you’re looking to expand your family. Before you start trying to conceive, make the time to chat with your partner about your expectations, fears, priorities and hopes.
You can’t read your partner’s mind, so by setting aside the time to talk to them openly and honestly, you’ll be able to ensure you’re both on the same page.
A few questions to get you started include:
You don’t have to be actively trying to conceive to talk to your doctor about getting pregnant. While it’s obviously not mandatory, a preconception check-up is a great opportunity to ask a trusted health professional any questions you might have and get advice on how to give your baby the healthiest start possible.
Here are a few things you might want to jot down before your appointment:
If you’re planning on having a baby in 2019 or even 2020, the time to start thinking about pregnancy cover is now.
If you choose a cover which includes pregnancy and birth-related services, a 12-month waiting period will apply if you’re new to nib or have just changed to that cover. That means you’ll need to be on a health cover that includes pregnancy at least three months before you start trying to fall pregnant.
If you’re not sure if you currently have the appropriate level of cover, or if you want to find out more about our pregnancy and birth-related cover options, contact us today.
When you’re preparing to have a baby, the last thing you want to think about is what would happen if you or your spouse were to be diagnosed with a terminal illness or pass away. But, the reality is that you’re now sharing your life, your assets and your debt with your family, and it’s important to ensure you’re all protected from the unexpected.
By preparing for the unthinkable with the right insurance cover, you’ll have peace of mind knowing that no matter what happens, the life you’ve worked hard to build for you and your family will be financially protected.
Don’t leave your lifestyle to chance; find out how easy it can be to safeguard your loved ones and protect yourself from the uncertainties of the future with nib Life Insurance and Income Protection*. Get a free quote today to see how affordable getting covered can be.
*This information is for Australian residents only and may be subject to change.
Any advice is general in nature only and does not take into account your financial situation, personal objectives or needs, so before acting on it, you should consider its appropriateness for you, having regard to those factors. Before making any decision to acquire or to continue to hold nib Life Insurance or Income Protection, you should read the Combined Product Disclosure Statement (PDS) and Financial Services Guide (FSG) .
TAL Life Limited ABN 70 050 109 450 AFSL 237848 is the issuer of the life insurance benefits, and St Andrew's Insurance (Australia) Pty Ltd ABN 89 075 044 656 AFSL 239649 is the issuer of the Involuntary Unemployment Cover available as part of nib Income Protection. nib health care services pty ltd (nib) ABN 91 003 037 625 is an authorised representative (AR Number 321683) of TAL Direct Pty Limited ABN 39 084 666 017 AFSL 243260, which promotes these products. nib does not guarantee or accept any liability under nib life insurance products or income protection products.