This cover provides a lump sum payment for your surviving spouse and dependents in the event of your death. It can help them pay off debts and maintain your family’s standard of living if you can no longer provide for them.
This may also be known as Term cover. It can be structured either within or outside Super.
Key considerations for determining the amount of cover you require might include:
- Your debt level and how that would be repaid in the event of your death
- Ensuring your family’s future living costs are covered
- The level of your Superannuation pay-out
- The liquid value of your cash and any other investments
- Funeral costs
- Education costs for dependent children
- The cost of inflation
- Rates of return
To discuss your protection requirements, please contact Kevin Bettman or book an appointment
Other insurance services:
This information is of a general nature only and has been provided without taking account of your objectives, financial situation or needs. Because of this, we recommend you consider, with or without the assistance of a financial adviser, whether the information is appropriate in light of your particular needs and circumstances.