Most big moments in your life are planned, such as a marriage, the arrival of a baby, or a new job…but then there are other moments that can take you by surprise. Having adequate financial protection in place can give you peace of mind, knowing that in the event of your death or terminal illness, you can help ensure your family will be financially looked after and able to maintain their current standard of living.
Life Cover Solution
Life Cover will provide a lump sum payment to your nominated family members in the event of death or terminal illness. You choose the level of cover required at the time of application that best meets your circumstances and budget. You are able to increase or decrease the level of cover you require as your financial situation changes.
The lump sum payment can be used by your nominated family members however they require but most families use it to repay debts such as the mortgage, invest to create a future income stream, meet education and/or childcare expenses, help with estate planning or business buyouts.
A medical assessment is required prior to your cover being offered and put in force.
Benefits of Life Cover
At My Insurance House we ensure the benefits and cover provided to our clients suits your needs. Some of our benefits include:
This information is intended to provide general information only and has been prepared without taking into account any particular person’s objectives, financial situation and needs. Before acting on such information, you should consider the appropriateness of the information having regard to your personal objectives, financial situation and needs. You should read and request the relevant Product Disclosure Statement (PDS) and Policy Document that can be provided by a My Insurance House Consultant before making and decision about a product.