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Life insurance for families
Protect those you love the most
Your natural instinct is to protect and nurture your beloved family unit. So you and your partner work hard to keep the kids safe, happy and healthy all year round. Between the challenge of paying down the mortgage and keeping the household running smooth, there are fun adventures and memories to make.
Have you ever thought about what would happen if life took an unexpected turn and you were no longer in the picture?
Help protect your family’s financial security
We all know that life doesn’t always go to plan. That’s why insurance is important to consider no matter what life phase – especially when you have a family to provide for. It’s no longer just about you and your partner. There are kids to clothe, feed and educate – pushing up your financial obligations. One of you may even have to cut back on work, creating even more financial pressure. You’re at a peak stage in life where responsibility is high and you’ve got the most to lose.
When you have a family, you’ve got the most to protect and the most to lose during this life stage:
- Health
- Home
- Each other
- Financial future
- Investments
What cover could be right for you and your family?
Consider how you and your partner would survive if an unplanned event disrupted your family’s life:
If you were no longer around to support your family financially
Life doesn’t always go to plan. If you fell critically ill or died before your time, your surviving partner and kids could be left out to dry – not just emotionally, but financially.
This product may be suitable
Life insurance is a solid Plan B to help you care and provide for your family when you can’t. It can ensure the household still operates, bills and the mortgage are met and the kids are clothed, fed and educated.
You could get sick or injured and be unable to work
Injury and illness is never good news, especially when it means you’re out of action. Without your contribution, how would your family fulfil your household’s many financial demands – let alone the upkeep? After all, there’s a dollar value put on cleaning, cooking and looking after the kids if you had to pay someone else to do it.
This product may be suitable
Receive a monthly benefit to help put you and your partner in good stead for the long run. It may be the difference between being able to pay pricey medical bills and the mortgage, instead of putting your family unit through financial hardship.
You could be injured in an accident
If your ability to earn an income and help out around the house was lost due to an unexpected accident, life could quickly turn sour.
This product may be suitable
Receive a lump sum payment, based on your type of injury, to help you get back on your feet and still take care of your family. It may mean you and your partner wouldn’t be on your own to face pricey medical bills. The mortgage, groceries, utility bills and life’s comforts can helped to be met, so you reduce any drain on your savings cushion
Policy terms (including waiting periods, exclusions and limits) apply. Read the relevant Product Disclosure Statement for full details.
The perks of being prepared
Having the right family life insurance policy in place can bring a number of benefits:
Facts of life
48% of Australians say they wouldn’t survive 3 months without their job.
ABS January 2014
