Like many people, you probably work hard and enjoy the benefits of a comfortable lifestyle as a result. Have you ever considered what would happen if you were unable to work, or if your finances were adversely affected by an unforeseen disaster? Don’t let all your hard work go for nothing – take steps to protect your family’s future.
Insurance is the best way to protect your lifestyle and help ensure that no matter what happens in the future, you and your family will still be able to enjoy the standard of living you are used to. In spite of the need for insurance, research undertaken by advocacy organisation Lifewise suggests that only 31% of Australians have income protection cover.
Your income is the key to being able to maintain your lifestyle, and for a large number of us, if we were to lose our source of income either through unemployment or being unable to work due to illness or injury, our lifestyles would be seriously affected. Have you considered what would happen to your family if you were unable to earn an income?
There are a number of different insurance options that can help you protect your financial future, including income protection and total and permanent disability insurance (TPD). Life insurance is also essential if you have anyone who depends on you financially. In the event of your death, having sufficient cover on your life insurance could mean that your family would be in a position to pay off any debts and maintain their standard of living after you were gone.
You work hard so that your family can enjoy life. Make sure that lifestyle is protected into the future!
Source: Lifewise – http://www.lifewise.org.au/see-more-statistics