Modest Premiums for Optimal Protection
Buying a life insurance policy has become increasingly easy. Australia has several life insurance companies that offer a variety of life insurance products. Each insurance company designs products that would appeal to their target audiences. Some policies provide returns that are more lucrative. Others provide enhanced levels of coverage. Some life insurance policies allow you to take additional cover depending on your requirements. To attract as many customers as possible, insurance companies even accept a diverse range of payment modes. This enables customers to make payments online, without needing to visit the bank or the offices of their insurer.
Given the ease with which people can buy life insurance, it is surprising that Australians continue to remain underinsured. An overwhelming majority of Australians purchase inadequate life insurance cover for themselves. This renders them vulnerable in exigent times. Life insurance policies provide a death benefit to the bereaved family on the death of the insured. Coming to terms with the loss of a loved one is difficult. If that individual also happens to be the sole earning member of the family, it aggravates the situation. The bereaved family then has to carry the weight of their grief along with the sword of uncertainty that dangles over them. For a family faced with the uncertain situation of meeting their liabilities after the death of the sole earning member, there are no easy answers. Only when the mind is at peace, can you find a solution. Further, the solution would usually entail a change in lifestyles even as you come to terms with the loss of a family member.
No one remains exempt from a situation like this for long. In fact, most people will face this situation at one time or another in their lives. This is why this lack of attention to purchasing insurance seems absurd. Why would you want to reject the one avenue of certainty in an uncertain world? The only answer could be that most Australians do not like to think of situations where they are no longer around. Lack of proper information and awareness about various insurance products could be another reason. A possibility even exists where those Australians having sufficient cover would have obtained it by default. For example, some of these people might purchase disability insurance or income protection to obtain tax benefits. Thus, they would not take this cover to protect themselves from any risk. Instead, they would purchase this cover merely as an investment.
Cover Australia has been at the forefront of providing insurance solutions to many Australians. We have over 27 years of experience in the domain. In this time, we built an impressive track record that highlights our excellence and superlative service. Our outstanding service has the backing of our in-depth knowledge about insurance. This enables us to give you free professional advice. We also consider your unique situation before offering any advice. This gives you a product that meets your requirements perfectly. We also offer a Platinum Partner Program that advises you on products like disability insurance and income life insurance. Regardless of whether you need trauma insurance, income protection or any other life insurance, we have a plan suited to your needs. This expertise makes us one of Australia's leading life insurance providers.
Life is not cheap. Therefore, it is surprising that many people try to purchase cheap life insurance. They even seek the advice of their insurance adviser to achieve this objective. Such people forget that there is a difference between saving money on a policy and buying cheap life insurance regardless of the policy's terms and conditions. What are the ways in which you can save money on the premiums of your life insurance without compromising on coverage? Some measures include:
Quitting Smoking as non-smokers pay lower premiums
Staying fit and healthy as people with a low ratio of Body Mass Index (BMI) tend to have a lower premium
Availing of discounts given when you purchase insurance for couples
Buying a fully underwritten policy that takes into account your specific situation completely
Paying your premium on an annual basis instead of on a quarterly or a monthly basis
You fail to buy life insurance to safeguard your loved ones at your own risk. The benefits offered by this policy can certainly never replace you in any manner. However, it can serve to dispel the dark clouds of uncertainty over your family in your absence. Therefore, always seek the help of your advisor to help you get the best cover. Alternatively, you could call us at 1300 366 817 and obtain a policy that enables you to breathe easy. For the protection offered by Cover Australia will be invaluable in times of need.
Given the ease with which people can buy life insurance, it is surprising that Australians continue to remain underinsured. An overwhelming majority of Australians purchase inadequate life insurance cover for themselves. This renders them vulnerable in exigent times. Life insurance policies provide a death benefit to the bereaved family on the death of the insured. Coming to terms with the loss of a loved one is difficult. If that individual also happens to be the sole earning member of the family, it aggravates the situation. The bereaved family then has to carry the weight of their grief along with the sword of uncertainty that dangles over them. For a family faced with the uncertain situation of meeting their liabilities after the death of the sole earning member, there are no easy answers. Only when the mind is at peace, can you find a solution. Further, the solution would usually entail a change in lifestyles even as you come to terms with the loss of a family member.
No one remains exempt from a situation like this for long. In fact, most people will face this situation at one time or another in their lives. This is why this lack of attention to purchasing insurance seems absurd. Why would you want to reject the one avenue of certainty in an uncertain world? The only answer could be that most Australians do not like to think of situations where they are no longer around. Lack of proper information and awareness about various insurance products could be another reason. A possibility even exists where those Australians having sufficient cover would have obtained it by default. For example, some of these people might purchase disability insurance or income protection to obtain tax benefits. Thus, they would not take this cover to protect themselves from any risk. Instead, they would purchase this cover merely as an investment.
Cover Australia has been at the forefront of providing insurance solutions to many Australians. We have over 27 years of experience in the domain. In this time, we built an impressive track record that highlights our excellence and superlative service. Our outstanding service has the backing of our in-depth knowledge about insurance. This enables us to give you free professional advice. We also consider your unique situation before offering any advice. This gives you a product that meets your requirements perfectly. We also offer a Platinum Partner Program that advises you on products like disability insurance and income life insurance. Regardless of whether you need trauma insurance, income protection or any other life insurance, we have a plan suited to your needs. This expertise makes us one of Australia's leading life insurance providers.
Life is not cheap. Therefore, it is surprising that many people try to purchase cheap life insurance. They even seek the advice of their insurance adviser to achieve this objective. Such people forget that there is a difference between saving money on a policy and buying cheap life insurance regardless of the policy's terms and conditions. What are the ways in which you can save money on the premiums of your life insurance without compromising on coverage? Some measures include:
Quitting Smoking as non-smokers pay lower premiums
Staying fit and healthy as people with a low ratio of Body Mass Index (BMI) tend to have a lower premium
Availing of discounts given when you purchase insurance for couples
Buying a fully underwritten policy that takes into account your specific situation completely
Paying your premium on an annual basis instead of on a quarterly or a monthly basis
You fail to buy life insurance to safeguard your loved ones at your own risk. The benefits offered by this policy can certainly never replace you in any manner. However, it can serve to dispel the dark clouds of uncertainty over your family in your absence. Therefore, always seek the help of your advisor to help you get the best cover. Alternatively, you could call us at 1300 366 817 and obtain a policy that enables you to breathe easy. For the protection offered by Cover Australia will be invaluable in times of need.
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