FREE WEBINAR: How do I know how much Insurance I need?
PART 2 OF 7
Learn how to find out how much insurance you need to have in place for your individual needs
The different types of personal insurance:
Life insurance. This pays a lump sum benefit if you die.
Total and permanent disability insurance (TPD): This pays a lump sum benefit if you meet the definition of being totally and permanently disabled. It is often bundled with life insurance.
Trauma insurance: Also referred to as recovery insurance, trauma insurance pays a lump sum benefit if are diagnosed with or suffer from one of the specified illnesses, such as cancer, heart attack or stroke.
Income protection insurance: If you are unable to work due to illness or injury, income protection insurance will pay you a regular income, usually capped at 75% of your pre-illness income. You can select the waiting period before benefits become payable, and the length of the benefit period.
In this webinar, we’ll cover:
How much life insurance should I have?
How often should I review my cover?
How do I understand my insurance contract?
How do I choose the best insurance?
(Webinar Series: Part 2 of 7)