Wondering how to find cheap life insurance in Australia? This guide provides you with a simple checklist so you can secure affordable coverage and get the most value out of your dollar.
Always start off with a strategy
“If I pass away or am injured and not able to work again, I want the mortgage to be paid off. I also want the fees for my kids schooling to be looked after so they don’t need to move around.”
Whilst this is just an example, starting off with a simple statement of what you want to happen if you were to pass away allows you to not only determine how much cover you might need now, but also in the future. Being clear on the outcomes you are covering for will allow you to confidently adjust your cover over time so that you are not paying any more cover and hence premiums than you need to.