5 Camp St, Kangaroo Flat 3555 03 5447 2899

What is life insurance?

Life insurance (death cover) provides you with a lump sum benefit in the event of the death of the life insured. A life insurance benefit can help your family continue to live the life you have planned together by providing benefits to meet the following circumstances:

  • focus on living life without worrying about finances
  • payout the mortgage on the family home, or fund a new home if renting
  • keep the kids at their school and make future education plans
  • provide ongoing day to day living expenses

Death insurance can be owned either outside or within a superannuation fund, however if the benefit is held within a superannuation fund, your individual situation may lead to taxation of the benefits.  We would be please to discuss this with you further and provide a recommendation to meet your current circumstances.