Two simple questions
If you are considering life insurance, ask yourself two simple questions:
1. Do you have financial commitments that depend on your salary?
2. Do you have dependents who rely on your income and/or caregiving?
If you answered yes, life insurance might be for you.
Future proofing your family's financial future
The average Australian family has many commitments:
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Financial commitments of the average Australian family
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- Mortgage or rent
- Council rates
- Phone, internet, water, electricity, gas, and other utilities
- Personal loans
- Car loans
- Credit card debt
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- Childcare costs
- Education costs
- Food and groceries
- Petrol and car maintenance
- Travel, entertainment and sporting activities
- And more
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Life insurance is one factor in responsible planning for your family’s future. Income, expenses and the ability to save differ for every family.1
It pays to have life insurance
Depending on how you structure your policy, your family could receive a lump sum of up to $1.5 million in the event of your death or terminal illness diagnosis. This could help your family achieve your financial goals once you’re gone, whether it’s paying off a mortgage, living a debt-free life, or the cost of private education.
Should anything happen to you, you want to know that your loved ones can continue the life you've worked hard to provide for them. If you think you should get life insurance, now is the time to find out more.