Personal insurance is used to help protect you and your family from the devastating effects that unforeseen life changing events can have on your life. It helps to ensure that in the event of a diminishing health condition or life/ability changing accident that you are still able to cover your bills, pay the mortgage, feed yourself and cover medical expenses. It is about minimising risk.
They are several different type of personal insurance. They include:
- Life Insurance
- Total and Permanent Disability (TPD)
- Income Protection
- Trauma Insurance
- Business Expense Protection