How would you and your loved ones cope financially if something were to happen?
In your 30s and 40s, chances are you feel invincible. You’re so caught up in life that thoughts of sickness, injury and death don’t rate a mention.
Planning for the unexpected now could save a lot of potential financial pain and pressure down the track, particularly if you have dependents to protect or debts to pay off.
Coastline will help you identify the best ways to protect yourself and loved ones from future risks. We can help you weigh up the benefits of a range of personal insurance options such as income protection, life cover, disability and critical illness/trauma.
As a start, you may want to consider:
- Provides up to 75% of your regular income if you have an illness or injury that prevents you from working.
- Provides a lump-sum which can be used to help cover living expenses and rehabilitation costs if you are totally and permanently disable.
- Provides you with a lump sum payment if you suffer one of a number of specified conditions. Trauma cover is generally not available through your superannuation.
- Provides a lump sum to you if you become terminally ill or a lump sum or pension to your family if you die.
Did you know?
There are cost effective ways to pay for your insurances. Speak to Coastline about paying for your insurance through your superannuation plan to free up your cash flow.