Saturday 19 March 2011

Life Insurance Cover

There are several types of life Insurance cover available in Australia, the most popular Life Insurance policy is a ‘term life’ policy. This has replaced the ‘whole of life’ type policies. Typically a Term Life policy will cover you from the time you take out the policy until the age of 99. If you do make it to 99, your policy will cease. If you die before the age of 99 then your beneficiaries will receive a lump sum payout.
To get cover for Life you will need to go through a series of underwriting questions and in most cases today, you do not always need to get a medical report from your doctor. Instead, you will be on a recorded phone call with one of our experts who will ask you a series of specific medical questions to see if you qualify.
Life Insurance Cover can provide you with the peace of mind knowing that if something were to happen to you, that your family will be ok. If you don’t take life insurance and something were to happen to you, how would your family cope financially? Would they be ok? If the answer to this is no, or you would simply like to leave a nest egg for your family, then make an enquiry with our team and we can assist you in taking out a life insurance policy.

2 comments:

Jack said...

Very useful post it is. One of the most common frustrations or overwhelming aspects of choosing life insurance is what type to go with. I am very happy that you shared such a informative post with us.
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Unknown said...

Nice post, it’s really a great idea; I appreciate your efforts friends. life insurance quotes

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