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How to Find Life Cover that Suits Your Budget
- Apr 21, 2024
- Views: 454
How to Find Life Cover that Suits Your Budget
Life insurance can be your lifeline when adversity hits. It can also be surprisingly affordable. Our experts know where to find cover that protects you - and your family#.
We all have loved ones who rely on us, you want to protect them as best you can.
Life insurance can be your lifeline when adversity hits. It can also be surprisingly affordable. Our experts know where to find cover that protects you - and your family#.
We all have loved ones who rely on us, you want to protect them as best you can.
Life insurance can support your entire household if you're injured and can’t return to work, and if you’re diagnosed with a serious illness - whether or not you recover.
Which type of life cover suits your circumstances best?
- Income Protection often benefits contractors, small business owners and anyone who doesn't have a financial safety net. It can pay out up to 70% of your wage if you're temporarily too ill or injured to work.
- Death cover pays out in the event of your passing, or if you’re diagnosed with a terminal illness.
- Trauma cover pays out a lump sum if you’re diagnosed with a serious illness, such as cancer or heart disease (includes anywhere from 21 to 49 conditions**, depending on your insurer).
- Total and Permanent Disability (TPD) cover pays out if you’re unable to ever work again due to illness or injury.
Life insurance benefits can help you and your loved ones:
- make your mortgage repayments or cover rent,
- cover your children’s education,
- meet additional health costs as you recover from illness, or
- pay for any funeral expenses.
Our life insurance experts help you find policy options that can take care of you, your family, and everything you’ve built together#.
Talk to an expert today.
**Based on the cover offered by the range of insurers on Compare Club’s panel.
Talk to an expert today.
**Based on the cover offered by the range of insurers on Compare Club’s panel.
#We do not compare every insurer or policy available in the market.
General Advice Warning: This advice is general and does not take into account your objectives, financial situation or needs. You should consider whether the advice is appropriate for you and your personal circumstances. Before you make any decision about whether to acquire a certain product, you should obtain and read the relevant product disclosure statement.
All information above has been provided by the author.
All information above has been provided by the author.
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