Life insurance gives you the financial strength to support you or your family through their most difficult times. During your lifetime there’s a pretty good chance that you’ll need a hand at some stage:
- 50,000 Australians have heart attacks every year.1
- One third of women and a quarter of all men will suffer cancer at some stage in their lifetime – over 60% of whom will live for longer than five years after diagnosis.2
- More than 43,000 people are expected to die from cancer in 2010.3
- Half of all men and a third of women will be diagnosed with cancer before the age of 85.4
- Over 1,600 people die on Australian roads every year, most aged 26 - 59 years.5
- One stroke event occurs in Australia every 12 minutes.6
- Just under half the population with an arthritis-associated disability are aged 15-64.7
- With symptoms generally developing between ages 20-40, Multiple Sclerosis is the most common chronic central nervous system condition among young Australian adults.8
Having the right level of life insurance cover in place allows you to:
- Preserve your and your family’s lifestyle – life insurance enables you to continue to make mortgage, rent and other payments and can help you to pay off debt. More than this, it empowers you to keep on doing everyday things such as spending precious time with family and enjoying the other things you love.
- Stay in control and enjoy freedom of choice – some of the biggest benefits of life insurance cannot be seen and touched. Having sufficient funds to be in control during difficult times and having the freedom to choose treatment and lifestyle options are priceless.
- Reduce stress and take better care of yourself – suffering from a serious illness or overcoming the death of a family member can be made even more stressful if you’re struggling to meet your financial commitments. Life insurance can reduce your stress so you can focus on your emotional or physical recovery.
1 Heart Foundation, Australian Facts 2004: Heart, Strokes and Vascular diseases 2004)
2 Cancer Council: (www.cancer.org.au), Cancer in Australia: an overview, 2008 Australian Institute of Health and Welfare (published December 2008)
3 Cancer Council: (www.cancer.org.au), Cancer in Australia: an overview, 2008 Australian Institute of Health and Welfare (published December 2008)
4 Cancer Council: (www.cancer.org.au), Cancer in Australia: an overview, 2008 Australian Institute of Health and Welfare (published December 2008)
5 Australian Government, Road Deaths Australia 2007
6 Australia’s Health 2008, Australian Institute of Health and Welfare, June 2008, ING Life
7 ‘Australia’s health 2008’ Australian Institute of Health and Welfare, June 2008
8 ’Multiple Sclerosis – a $2 billion disease in Australia’ Media release by MS Australia, www.mssociety.com.au