Are your family, friends or adult children part of the large percentage of Australians who are under-insured? Here’s a simple guide to stage-of-life insurance priorities.

Life insurance seems less important, but do you have debt? If yes, think about how it might affect loved ones if you were no longer around. Make sure debt is covered during discussions with your financial adviser.
Trauma cover and/or TPD are still of great value. With another few decades to enjoy, the last thing you need is the expense of a serious illness or injury.

Disclaimer: Information in this article is based on current regulatory requirements and laws, which may be subject to change. While care has been taken in the preparation of this document, no liability is accepted by Count, its related entities, agents and employees for any loss arising from reliance on this document.

This document contains general advice. It does not take account of your individual objectives, financial situation or needs. You should consider talking to a financial adviser before making a financial decision.