What is Life Insurance?
Put simply, life insurance provides the financial means to preserve your way of life, or that of your family, in the event of an accident, serious illness or even death.
We don’t like to think about ‘worst case scenarios’ but taking some time to consider the risks and having a contingency plan is like carrying an umbrella – it can’t stop the rain but can provide much needed financial protection during life’s storms.
Here are some of the common risks you may face and how to insure against them:
| Risks | Insurance Protection |
|---|---|
| Serious accidents or medical conditions resulting in permanent injury or loss of life |
|
| Sickness or temporary disability. |
|
| Critical Illness | $206,692 |
| Income protection | $5,150 (per month) |