Insurance
Insurance is like carrying an umbrella - It can't stop the rain but can provide much needed financial protection during life's storms.
Understanding the risks
- 50,000 Australians have heart attacks every year.1
- One third of women and a quarter of all men will suffer cancer at some stage in their lifetime - over 60% of whom will live longer than five years after diagnosis.2
- More than 43,000 people are expected to die from cancer in 2010.3
- Half of all men and a third of women will be diagnosed with cancer before the age of 85.4
- Over 1,600 people die on Australian roads every year, most aged 25-59 years. 5
- One stroke event occurs in Australia every 12 minutes.6
- With symptoms generally developing between ages 20-40, Multiple Sclerosis is the most common chronic central nervous system condition among young Australian adults. 7
1 Heart Foundation, Australian Facts 2004: Heart, Strokes and Vascular diseases 2004
2 Cancer Council: (www.cancer.org.au), Cancer in Australia: an overview, 2008 Australian Institute of Health and Welfare (published December 2008)
3 Cancer Council: (www.cancer.org.au), Cancer in Australia: an overview, 2008 Australian Institute of Health and Welfare (published December 2008)
4 Cancer Council: (www.cancer.org.au), Cancer in Australia: an overview, 2008 Australian Institute of Health and Welfare (published December 2008)
5 Australian Government, Road Deaths Australia 2007
6 Australia's Health 2008, Australian Institute of Health and Welfare, June 2008, ING Life
7 'Multiple Sclerosis – a $2 billion disease in Australia' Media release by MS Australia, www.mssociety.com.au
With adequate insurance you can help
- Preserve your and your family's lifestyle
- Stay in control and enjoy freedom of choice
- Reduce stress and take better care of yourself
Does your insurance provide…
- Minimal lifestyle changes
- Sufficient cover in times of need
- Support for you and your family
What are my options?
Death
Find comfort in knowing your family will receive a lump sum payment to help them financially if you were to die or become terminally ill.
Trauma
Take the financial pressure off and give yourself time to recover, should you experience one of the traumatic events listed in our trauma cover, including cancer, stroke, heart attack and coronary artery surgery. Children's trauma cover can also be selected.
Total and permanent disablement (TPD)
Receive financial support if you become seriously disabled, maintain your quality of life and help meet the cost of rehabilitation programs and daily living expenses with TPD insurance.
Income Protection
Works by paying you a monthly benefit while you are too sick or injured to go to work. This is usually called Temporary Salary Continuance when offered within superannuation.
Business overheads insurance
Helps you meet your ongoing business expenses by reimbursing eligible business overheads as a monthly amount if you are too ill or injured to work.