According to the Australian Bureau of Statistics, more than three out of four Australians will be diagnosed with a serious illness during their working lives.
Some 50,000 Australians suffer a heart attack each year, and one in three people will be diagnosed with cancer at some point in their lives.
The risks are clear, yet many Australians remain ill-prepared for these life-changing events. Should the unexpected happen and you are unable to earn an income due to an illness or injury, how would your loved ones cope financially? How would they pay the mortgage, school fees, grocery and power bills, and so on?
The impact of a serious illness, injury or worse can be incredibly upsetting for those left behind and the financial consequences can have repercussions for generations. While life insurance can’t help with the emotional pain, it can protect those you care for from unnecessary financial hardship.
At Knox Financial, we believe that life insurance is the cornerstone of a sound financial plan. As part of our service to you, we’ll look at types of insurance cover that we feel may protect you from adversity should the unexpected happen in the future.
To find out more about our approach to life insurance, please contact us.