Life Insurance
What does life insurance cover?
Life insurance generally provides an agreed amount upon the insured person's death or terminal illness. This can help provide financial independence for a family if they lose the homemaker or breadwinner.
In a business situation, it helps protect against the loss of a key employee or business partner.
Life insurance benefits can be used for:
- Mortgage repayments
- Personal debts
- Funeral expenses
- Ongoing income
- Children's education
- Major purchases
TIO Financial Planning can help
If you want to know more about protecting your lifestyle and whether it is suitable for your circumstances Contact TIO Financial Planning.
Territory Insurance Office is an Authorised Representative of Financial Wisdom Limited
ABN 70 006 646 108 AFSL No. 231138
* It is important to understand that this information is of a general nature only. It has not been prepared taking into account your particular investment objectives, financial situation or particular needs. You should seek our advice or the advice of another financial adviser before making any decision on the basis of this information.