As we move through life, find a partner, raise a family, and maybe start a business, slowing down, moving or even sudden death can impact us in many different ways. These life events are always changing for all of us, are we being protected from the inevitable?

Insurance is all about providing a financial safety net that helps you to take care of yourself and those you love when you need it most.

  1. Protection for you and your family - Wealth

Your family depend on your financial support to enjoy a decent standard of living, which is why insurance is especially important once you start a family. It means the people who matter most in your life may be protected from financial hardship if the unexpected happens.

Life Insurance, Total Permanent Disability are the major Insurances inside Superannuation.

These are best taken up considering your super takes care of its payments.

  1. Reduce stress during difficult times - Lifestyle

None of us know what lies around the corner. Unforeseen tragedies such as illness, injury or permanent disability, even death – can leave you and your family facing tremendous emotional stress, and even grief.

With insurance in place, you or your family’s financial stress will be reduced, and you can focus on recovery and rebuilding your lives.

Income Protection and Critical Illness and Trauma insurance and insurances within Superannuation can assist in these types of cases.

Ensure either you or your superannuation is paying for your Income Protection, there is different laws about the payments to income protection so always consult a financial planner.

  1. To enjoy financial security - Risk

No matter what your financial position is today, an unexpected event can see it all unravel very quickly. Insurance offers a payout so that if there is an unforeseen event you and your family can hopefully continue to move forward. With Insurance payments paid out in 30 to 60 days, most people will be able to take sick leave if you needed to look after a loved one in the hospital or at home. We can organise to assist you to find a suitable financial planner.

  1. Peace of mind - Ease

No amount of money can replace your health and wellbeing – or the role you play in your family’s life. Though you can at least have peace of mind knowing that if anything happened to you, your family’s financial security is assisted by insurance. The peace of mind that you know if you cannot earn an income is satisfying knowing you are covered by the best policies in Australia. We use and Recommend MLC Superannuation.

  1. A legacy to leave behind – your loved ones.

A lump sum death benefit can secure the financial future for your children and protect their standard of living. Life Insurance although may not be needed for those who are single and have no dependants to leave behind, however because you will need total permanent disability insurance as part of your package when bought via super, we recommend you speak with a financial advisor that can assist in packaging these items for you.

To ensure you’ve got the right cover for you and your family, please contact us today.