Life Insurance provides your estate with a lump sum in the event of death or terminal illness.
This lump sum benefit can be used by your family to pay off your mortgage and other debts and assist your family’s long-term financial security including education funding for your children.
Cardiovascular Disease :
- 80 % of the adult population have at least one of the cardiovascular risk factors.
- Tobacco Smoking
- Physical Inactivity
- High Blood Pressure
- Overweight
Accidents :
43 % of all deaths of people below the age of 45 were due to accidents.
Source : Australian Institute of Health and Welfare : Australian Health 2000
Life insurance
Cancer :
1 in 3 men and 1 in 4 women will be diagnosed with cancer before the age of 75.
Source : AIHW National Mortality Database, 1998
If you died prematurely, would you leave your family sufficient funds to :
- Pay of the mortgage ?
- Clear any other debt ?
- Provide a continuing income stream for the family ?
- Cover the children's education costs ?
If not, would you want your family to live with financial hardship ?
