No-one likes paying insurance premiums! Why is life insurance so important?

Here are 5 key reasons:

1.  Protection for you and your family

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.

2.  Reduce stress during difficult times

None of us know what lies around the corner. Unforeseen tragedies such as illness, injury or even death can leave you and your family facing tremendous emotional stress. With insurance in place, you or your family’s financial stress will be reduced, and you can focus on rebuilding your lives.

3.  To enjoy financial security

No matter what your financial position is today, an unexpected event can see it all quickly unravel. Insurance offers a payout so that if there is an unforeseen event, you and your family can continue to move forward.

4.  Peace of mind

No amount of money can replace your health and wellbeing – or the role you play in your family. But you can at least have peace of mind knowing that if anything happened to you, your family’s financial future is secure.

5.  A legacy to leave behind 

A lump sum death benefit can secure the financial future for your children and protect their standard of living.

We can offer tailored advice on your Life insurance needs – including Life, TPD (Total & Permanent Disablement), Trauma (Critical Illness/ Living or Recovery), and Income Protection. See also Moneysmart.