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Life Insurance

Insuring your life - LIFE INSURANCE

The main type of life insurance available is called Term Life Insurance and it is designed to provide you with a lump sum benefit in the event of death during the term of the policy. The majority of Term Life insurance products offered from life insurance companies also provide an advance on the amount of insurance cover payable if you are diagnosed with a �terminal illness� (generally subject to a maximum dollar amount). Terminal Illness is usually defined as having a life expectancy of less than 12 months.

The required amount of insurance cover depends on your personal and financial circumstances but may include:

� clearing debt,

� providing for education expenses, or

� providing an income stream.

The insurance company may also use their discretion to determine the amount of cover that they are prepared to offer you. The level of cover offered by the insurer may also be affected by your lifestyle or health at the time of application.

The premiums for Term Life insurance will be determined considering factors such as your age, gender, occupation, family medical history, pastimes and smoking status.

�Life insurance is a technical area. There are numerous products, policy options and features available, making it hard to know what is the best for you and your family. A full advice process revolves around a detailed, in-depth understanding of your specific situation. Once our specialist risk advisers have a thorough understanding of your needs, they will research the entire Australian market to find you the most appropriate and cost effective risk solution. Included in this service is an annual review to ensure your solution continues to be competitive in the ever changing Life insurance environment.�

Contact us today! and let a specialist risk adviser help you create a SAFETY NET while on your way to financial freedom -