Would you let your family travel in a car without ‘buckling up’? I can hear you say ‘definitely not’. Yet every day, many Australians set-off for their next destination in the journey of life without adequate protection. To help your family cope with traumatic events and make their life more secure, insurance is as important as buckling up.
Life insurance will help you:
- restructure your life if you are critically injured or incapacitated through accident or illness
- get back on your feet if you are unable to work for an extended period
- protect your family if you are taken from them.
Think you’re already covered?
Think again. Many super funds provide automatic cover for death and total and permanent disablement but in the event you were temporarily unable to work due to an illness or accident, this cover would not protect you. That’s why income protection insurance is so important. It pays you up to 75 per cent of your income and gives you the chance to maintain a reasonable standard of living.
Can you afford not to be insured?
Did you know that one in five families will be affected by the death of a parent, a serious accident or illness that means a parent is unable to work? Under these circumstances, a typical Australian family will lose half or more of their income*.
Financial advice makes a difference
Our in-house financial planning division can discuss your current protection and help you choose the most appropriate insurance for your situation.
Book a complimentary consultation with one our financial planners online or call our office on 08 8208 4777 to speak with Director, Tyson Marangon.
*[Earnings Source: Average Weekly Earnings, Australia, May 2017, ABS]
Wright Evans Planning is an Authorised representative of Lonsdale Financial Group Ltd, ABN 76 006 637 225, AFSL 246934. Part of the IOOF group.
This is general advice only and does not take into account your financial circumstances, needs and objectives. Before making any decision based on this document, you should access your own circumstances or seek advice from a financial planner and seek tax advice from a registered tax agent. Information is current at the date of issue and may change.