Life Insurance

Life Insurance pays a tax-free lump sum in the event of your death. Generally as a minimum you should have sufficient cover to clear all debt, however you also need to take into account more cover if you have a non-working spouse and/or a young family. Whilst the level of cover may be sufficient to clear your home loan will your remaining spouse and family be able to generate sufficient income to continue their lifestyle, whilst also providing for retirement. Sadly most families in Australia with dependant children have only 20% of their insurance needs.

This cover can be taken through your superannuation and if you are self-employed we can ensure that the premiums are tax-deductible to you