If you were to die tomorrow, what life would you leave behind for your family?

How would they pay the mortgage, school fees, living expenses such as keeping the car on the road, food, clothes, phone bills, rates, power, gas and the list goes on. Let’s not forget your funeral expenses and any medical expenses not covered by health insurance that you may have incurred prior to your premature death. How will they pay for this?

You may have money in savings plans, or shares, or equity in your home, but turning this into cash may mean your family having to sell assets to survive. Don’t forget they are also dealing with the emotional pain of your premature death.

Life Insurance won’t ease the pain your family feels because of your premature death, but it will ease the financial burdens placed upon them. Life Insurance provides a lump sum payment to your family in the event of your death or to you upon medical diagnosis of a terminal illness, money which can be used to extinguish debt and leave a cash reserve for those left behind. Does your family fit into the 60%?

Life Insurance, can your family afford for you not to have it?

One of your greatest assets outside of your family and your health is the ability to earn an income. What would the effects be on you and your family if through accident or illness you couldn’t work for an extended period of time?

Income Replacement Insurance will pay you a monthly income equal to 75% of your gross income if you are unable to work due to sickness or injury. Income Protection Insurance is very flexible with choices on waiting periods and benefit periods. The premiums you pay for Income Protection are generally tax deductible. Ask yourself these questions, if you couldn’t work for 6 months

• Do you have cash reserves to fall back on? • How long would those reserves last? • Do you want to rely on social security payments? • Could you maintain the life style you currently provide your family?

With Income Protection there are a lot of options available to suit each individual’s needs and circumstances.

You’ll receive a lump sum payment if you suffer a major illness or injury, making it easier for you, and those closest to you, to cope financially. A lump sum payment will help cover expenses such as your home loan payments or rent, childcare or children’s education, loans and payments to your credit card or hire purchases. You can use the money for treatment to help you recover, or for any renovations you might need to make to your home.

With Disability Cover if you become totally and permanently disabled, such that you will never work again, we’ll pay you a lump sum to make it easier for you and those important to you to cope with the financial impact.

• You can use the lump sum to pay for rehabilitation and any renovations you might need to make to your home. Or make sure all the important expenses are taken care of such as your home loan, any debts you have or your children’s education.

Health insurance can take a load off your mind. Deciding to get health insurance is a way to help you stay in control of your life and ensure that you have choices. When you have health insurance you can access treatment for qualifying medical conditions privately and at a time that suits you.

If you have children, health insurance is a way to help make sure that their qualifying medical conditions get quick attention. Every day your child has to wait for a specialist appointment or elective surgery is a day too long.

In a nutshell, health insurance is a way to look after one of your most important assets – your wellbeing. Having a good life depends on your ability to work, be active and enjoy yourself.