Why Do I Need Disability Insurance
Disability Insurance, what is it?
It’s insurance cover to help mitigate a financial loss in the event that you suffer an illness or an accident which leaves you unable to work. This could be a temporary or permanent disability.
Listed below are the main disability covers:
- Income Protection Insurance
- Mortgage Repayment Insurance
- Total & Permanent Disability cover
- Household expenses cover
- Business Overheads cover
- Business Key Person cover
- Premium Insurance cover
Why do you need it?
Your ability to work and earn an income is by far your biggest asset!
A 25 year old earning $60k / Pa, will earn approximatly $2.4 Millon through till retirement (This does not take into account inflation and pay rises).