We all know that the worst can happen. It’s what we do about knowing it that counts. It’s hard to think of anything better than making sure the ones we love can still live the lives we’ve planned, even if we can’t be with them.
Family protection involves putting in place the most appropriate arrangements, such as Life Insurance, to protect you and your family from the risk of injury, illness, incapacity and death.
Life insurance is all about giving the people you care most about financial security if you’re no longer alive to support them. With Life insurance, if you die, your loved ones receive a lump sum benefit. They can use this to continue living the way you want them to.
A Life insurance payment, which provides a one-off payment on your death or if you are diagnosed as terminally ill, can help your family continue to live the life you've planned together:
ABS (2011) Population Clock, www.abs.gov.au/ausstats/abs, viewed 12 March 2012