How much Life Insurance Coverage (Sum Insured) Do You Need?
The calculation of sum insured is an individual issue and varies
accordingly. It will depend on the stage you are at in life. Whether
you are single or married, whether you have debt and how much, whether
you have a spouse and children who need financial provision made
for them, whether you have a disabled child or other beneficiary
who may need special needs and particular sums of money ongoing, etc., etc.
The more financial obligations, the more children you have, the more assets requiring protection,
previous marriage obligations, bank guarantees, mortgages,
growing childrens needs such as university education, sporting costs, new vehicle costs,
reasonable lifestyle costs ...
the more life insurance that is needed.
Generally, the following outlines are a guide to establish how
much cover you will need.
UNDER DEVELOPMENT - Content to be provided shortly.
To submit an online quote Life Insurance request, go to the online quote life insurance page.
NOTE:
All figures and estimates are not to be taken as advice in any way,
but are for illustrative purposes only.
Further Inquiries
We welcome inquiries on our Life Insurance, Trauma Insurance, TPD Insurance & Income Protection Insurance products
and insurance broker services. Please feel free to send us an
email,
call us on 1300 766 467,
use our contact us page to send us an online inquiry
or submit a
life insurance quote,
income protection insurance quote,
trauma insurance quote or
tpd insurance quote form.
We will contact you within 24 hours to answer your inquiry.
DISCLAIMER
This web site does not provide financial or investment advice. The information
herein is general material and does not take into account your personal and
particular insurance, personal, or investment data or objectives or relevant
needs. If we can assist with specific advice please contact us.
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