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Of Industry Super Fund members are under insured by $100,000 for life insurance37
Of Industry Super Fund members believe life insurance is a low priority given other financial commitments.74
Of Industry Super Fund members are underinsured by $100,000 for TPD83
Of Australians say they have insurance for their car, only 31% have income protection.
Lifewise is a non-profit orfanisation based in Sydney Australia, with the aim to make people aware of the underinsurance issue in Australia related to life insurance. Life insurance is not as popular in Australia as in other developed nations. However, life insurance can cover you and your family and protect your future so you have a better an worryfree life. Lifewise helps to make you better understand what life insurance is, what you need to think of before signing up a life insurance and to make you understand the risks of not having your life protected with an insurance.
With the life insurance calculator from lifewise you are able to easily calculate the life insurance you need, get a good perspective of the numbers involved and be able to send yourself a life insurance calculator report via email to yourself for future reference. This life insurance tool - the Lifewise life insurance calculator - gives you the opportunity to take your life insurance tasks to the next steps and unveil questions you might have had in regards life insurance.
Everything comes down to how much insurance is enough to protect your life. Life insurance should be an essential type of insurance as it can protect you and your family. As there as different types of life insurance, such as Life Insurance, Trauma Insurance, Income Protection Insurance, it comes down to wait is the most important asset to you to protect. Don't wait but protect yourself - life insurance can protect you life and the life of your family.
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