Have you ever considered how your family would fare if you were no longer there to take care of them?
It’s not pleasant to think about, but ensuring that your family continues to thrive in the event of your death is a responsibility we all need to face. For their sake.
It’s especially important when making big investments such purchasing property. If you bought a home, could you be sure that your dependents would be able to meet the repayments? Might they be forced to sell at a loss?
Life Insurance is the most common way to protect your family’s lifestyle and future. And it’s affordable. A 45 year old male could have one million dollars of cover for as little as $A1.50 a day, providing a lump sum payment on your death or the diagnosis of a terminal illness.
Already have life insurance? Good. But you should check whether you have sufficient cover. And whether your existing policy offers you and your family best value for money.