Everyone knows it’s important to insure your new home and contents. But have you remembered to insure yourself as well?
Buying a home is part of the great Australian dream – but it’s also one of the biggest financial commitments you’ll ever make. So what would happen if you got or sick or injured and couldn’t work, or even passed away? How would your family cope?
Chances are they’d struggle to get by. Especially if you have young children, with school fees and big bills to pay. Your family might even have to sell your home to survive.
That’s why it’s important to insure yourself and your income as well as your house.
Do you have enough insurance?
Here are some of the options you might want to consider:
- Income protection insurance pays up to 75% of your monthly pre-tax income if you can’t work because you are injured or sick.
- Life insurance and total and permanent disability insurance helps to protect you and your loved ones if the worst happens, with a valuable payout if you die or become permanently disabled.
- With affordable, regular payments now, you can keep your home and family safe, no matter what the future holds.
Find out more
Research shows that 95% of Australian families with dependent children don’t have enough insurance. So, as well as taking out the right type of cover, you also need to make sure you’re not underinsured.
Read more about choosing the right level of cover for you and your family or call 1300 377 325.