:: Insurance Needs
Protection - What protection do I need?
What would happen if your couldn't make your loan repayments because you lost your job, had a serious illness, were disabled or, worst of all, were to die?
Most of do not have a strategy in place to take care of the what if!
- 60% of Australian families with dependents will run out of money within 12 months if the main income earner dies.
- Only 4% of families with dependent children have the recommended amount of life insurance.
- Life insurance held in Superannuation represents only 20% of the cover most families need.
Ask Yourself?
If you were unable to work because of sickness, injury or unemployment; or in the event of premature death:
| Do you want your loved ones to be able to remain in the family home? |  |
| Would your savings run out if you had to be off work for an extended time? | |
| Does your employer place a limit on your amount of sick leave? | |
If you answered yes to any of the above questions you and your family may be financially exposed.
| When setting up your loan we discuss and develop a comprehensive strategy and show you the best way to maximise your income to reduce your debt. The same applies when it comes to arranging effective debt protection. |  |
Mortgage Partners Australia Pty Limited is able to offer you:
- Debt Protection - To cover your loan repayments should you be unable to meet them due to a number of predefined events.
- General insurance - To meet your asset protection needs.
Talk to us today to discover how you can safeguard your home and your lifestyle in the event of a 'what if' becoming a reality.