Life Insurance
Life can be unpredictable, with so many twists and turns. In one moment you are starting your first job, the next, you’ve met your life partner and are about to buy your first home together.
If the worst were to happen, having cover to protect your family is integral to any financial plan. Everyone wants to know, that in the event of something terrible happening, your family will continue to live as normal, as much as possible. Removing / transferring children from school, selling the family home, and moving are traumatic experiences in their own right.
Sometimes, making time to arrange insurance is hard, as life gets in the way. Insurances to protect your family include:
- Life Insurance
- Total and Permanent Disability Insurance
- Trauma (Critical Illness) Insurance
When deciding if insurance to protect your family is important, some questions to consider are:
- What sort of lifestyle do you want your family to maintain if you’re not around?
- Is your current cover in your super enough to clear the debt on your home for your family?
- If you were totally disabled, would you want funds to meet health needs?
