Life insurance can help with the future costs such as:
- Paying the mortgage;
- Credit card debt;
- Property maintenance;
- Replacing an aging motor vehicle;
- Aged care costs such as residential care; and
- Contributing to your child’s wedding.
You have enough experience to know that life doesn’t always go to plan. One of life's twists might be that you pass away during these vital earning years, before you accumulate enough through savings, investments and superannuation for your partner to be comfortable long into retirement.