Year on year studies have shown that millions of Australians do not have adequate life insurance cover to assist their loved ones in the event of an untimely death.
The common attitude of “it won’t happen to me” has unfortunately left many Australian families in a financially-precarious situation. In fact, Rice Warner Actuaries calculates that 95% of families do not possess adequate insurance. This equates to $1.37 trillion in under-insurance, and confirms the importance of holding adequate life insurance cover.
Life insurance can provide ongoing financial security and stability for loved ones from as little as a few dollars per week. With new automated processes and tailored products, arranging life insurance is as simple and easy as picking up the phone.