|
Having the right insurance to protect against life’s uncertainties is sensible financial management. It ensures that you and your dependants can continue to enjoy the quality of life that you want.
There are a number of options available:
- Life insurance
- Income protection insurance
- Medical Insurance
- Trauma and critical illness insurance
- Total and permanent disability insurance
Unexpected events can take many forms. Cancer and cardiovascular disease account for a large percentage of severe illnesses. Motor vehicle accidents are not only responsible for taking many lives each year, but are a cause of major injuries and permanent disabilities.
Main causes of loss of ‘healthy life’
Imagine if something happened that meant you would be without an income for the rest of your life. How would you replace that money?
Or if something happened to you yesterday, how would your family survive today without you?
The following graph provides an example of the amount of money earned over a lifetime. You can see that you don’t have to be on an executive salary to earn millions of dollars during your working life. Your life and your income are worth protecting.
Example:
Income growth = 3% per annum
How much will you earn between today and your 65th birthday?
The following graph is based on the assumption that your income will grow at the rate of 3.0% each year.*
Contact an ANZ Insurance Specialist or ANZ Financial Adviser.
|
