Ask yourself these questions:
If you answered no to any of the above questions, then chances are that you are grossly underinsured. With underinsurance, you will put your family's future at risk, especially when you die all of a sudden. Without you, they might not be able to survive, pay for the mortgage that you leave behind, continue with their education, or even have funds for their daily expenses.
We're not trying to cause panic or fear here. The truth is that it is painful enough to see a loved one die or suffer, so why add stress and anxiety to that because of lack of funds?
But you are lucky because you still have enough time to change your family's future for the better. That is where life insurance comes in. With life insurance, you and your family will be protected in case something bad happens to you. You can choose from any of the following policies:
Just imagine how helpful the benefits will be in case of an emergency. But how much cover do you exactly need? To find out, you need to start with the following:
You need to take these things into account in order for you to get a clear picture of how much your family will need in an emergency. But to get a more accurate picture, you'll need the help of a qualified life insurance advisor at Rate Detective. They will assess your personal circumstances and provide you with personalised rate comparisons of Australia's top insurers. All these will help you find out exactly how much cover you need and be free from the dangers of underinsurance. Contact us today for more details.