22 Oct When you have debt, especially a mortgage, there are a few different types of insurance policies you must consider.
At efinance brokers, our role extends beyond just helping you get finance approval. To helping you understand the risk of borrowing and the available option to protect yourself and your family’s financial future.
Specifically, we’re referring to personal risk that would result in loss of income and cause significant financial hardship if you don’t have protection in place.
The right insurance should be in place ahead of unforeseen events to protect you, your family and your assets.
When you have debt, especially a mortgage, there are a few different types of insurance policies you must consider.
- Income protection: Provides an income safety net in case you were unable to work due to sickness or injury and couldn’t make your home loan repayments.
- Life cover/ Death & Terminal Illness Benefit: Can spare your family financial hardship after you pass away.
- Trauma Benefit: Can provide financial support during a time of medical crisis.
- Specified Injury Benefit: Can provide financial assistance while you are on the mend.
Don’t just insurance your assets like home-contents-&-car, insure yourself as you’re more important than your assets.
Contact us today to discuss your personal risk insurance options.
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