Life Insurance
Life Insurance pays a lump sum in the event of the insured's death. Some policies pay on diagnosis of a terminal illness and even suicide after the policy has been in force for a 13 month period.
Life Insurance helps to protect the family or business by providing a lump sum in the event of death to provide for mortgage and other ongoing payments. To cover children's education costs and the family's income needs.
Life Insurance is the most affordable of all insurances and in some cases may even be tax deductible
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Interesting stats on;
Death
Injury is the leading cause of death among people who are under 45 years of age.
47,741 of Australians died from cardiovascular disease in 2000.
Cardiovascular disease is responsible for 2 in every 5 death is Australia, it claims 80 Australian lives every day and kills more people than any other disease.
In 2000, 12,469 Australian women died from Coronary Heart Disease, 5 times more than deaths resulting from breast cancer.
Australian Institute of Health and Welfare, Australia’s Health 2002
Australians are 26% more likely to die from cardiovascular disease than cancer.
Heart Stroke and Vascular Diseases: Australian Facts 2001 National Centre for Monitoring Cardiovascular Disease, 2001.
In Australia 1 woman dies every 10 hours from cervical cancer.
Cancer In Australia 1998, Australian Institute of Health and Welfare