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Of Industry Super Fund members are under insured by $100,000 for life insurance
Of Industry Super Fund members believe life insurance is a low priority given other financial commitments.
Of Industry Super Fund members are underinsured by $100,000 for TPD
Of Australians say they have insurance for their car, only 31% have income protection.
Put simply, life insurance provides the financial means to preserve your way of life, or that of your family, in the event of an accident, serious illness or even death.
We don't like to think about 'worst case scenarios' but taking some time to consider the risks and having a contingency plan is like carrying an umbrella – it can't stop the rain but can provide much needed financial protection during life's storms.
Here are some of the common risks you may face and how to insure against them:
What risks are faced by Australians everyday? |
What insurance products provide protection? |
Serious accidents or medical conditions resulting in permanent injury or loss of life. |
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Sickness or temporary disability. |
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Unemployment. |
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Please use the following links to find out more:
Overview of the product types?
What should I do now?
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Get inspired with our Life Insurance Calculator and find out how much you really need for the best cover.
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