RISK AND INVESTMENT
ADVISORS AUSTRALIA


 
Life Insurance
 
     
 
The purpose of life insurance is to provide a source of income for your children, dependants or other beneficiaries, in the event of your death. It can also assist other estate planning purposes, such as providing money to chosen charities upon your death, paying for estate taxes or providing for a pay-out for a business interest.

Fact: 3 out of 4 Australian families will experience cancer.

NOT EVERYONE UNDERSTANDS THE IMPORTANCE OF PROTECTION.

It is a sad fact that many Australian families remain dangerously underinsured. A recent sample survey of families revealed that only:
- 50% had life insurance cover;
- 21% had crisis cover; and
- 18% had income protection cover.

Why is that so many neglect to insure family security, when the same survey indicates that 84% insure their car comprehensively and 88% insure home and contents? These statistics indicate that your decision to protect your most valuable asset is a wise one in deed.

 

 

Australian Financial Services Licence No: 238141