Most people insure there homes, their cars, even their pets. But they fail to insure what is most likely their most valuable asset. YOU! Paying the mortgage or rent, groceries, bills, kids schooling etc all rely on either you or your partner (or both) generating regular income. Australians in particular have a ‘she’ll be right’ attitude towards these sorts of things. We always assume ‘it won’t happen to me’. But it does happen to someone. Here are a few statistics;
- More than 60% of Australians will be disabled for more than one month during their working life and more than 25% for more than 3 months.
- Only 6% of Australians have income insurance and of those, only 24% of their income is actually protected.
- Following a serious illness, injury or the loss of one parent, the typical Australian family will lose more than half of their income as a result of underinsurance.
- Every day, over 65 Australian families are impacted by an event that seriously affects their ability to earn an income.
- 690,000 Australians were injured at work in 2005 -- 06. 43% or them received no form of financial assistance.
Do the right thing by your loved ones. CLICK HERE to get a free quote for income protection insurance and avoid being one of the statistics.
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