Personal insurances aren’t about saving for disasters you think will never happen, it’s a matter of protecting yourself, your family, dependents and your lifestyle against loss.
Many people insure their home, their personal possessions and their car, but fail to insure their most important asset; their ability to produce an income and safeguard future interests.
It’s probably not something you like to think about, but if you had an accident or became seriously ill and were unable to work, would you have enough savings or insurance to deal with the financial consequences?
If you suffered a major illness and needed extensive medical treatment, time off work or modifications to your home, could you afford these expenses?
If you died, would your family or other dependents cope financially?
There are generally three main considerations; insurance to cover your debts so they’re not passed onto your family; insurance to cover medical expenses and short term drops in income; and, if your income is important to your family’s lifestyle, insurance to provide an income stream if you can no longer work.
Our Financial Planners can help you with a range of Personal Insurance options including:
Total and Permanent Disability Insurance
The information above is not intended to constitute financial advice and does not take into consideration your personal objectives, financial situation or needs. Contact us on 13 11 82 with any questions , or visit your nearest branch to talk with a consultant. People's Choice Credit Union recommends that you read the insurer's Product Disclosure Statement (PDS) before making a decision regarding any insurance. People's Choice Credit Union, a trading name of Australian Central Credit Union Ltd ABN 11 087 651 125, acts under its own Australian Financial Services Licence (AFSL 244310) and Australian Credit Licence (ACL 244310). In Western Australia our Financial Planning is provided through Financial Solutions Australasia Pty Ltd ABN 36 008 939 599 AFSL 244 308, a 100% owned subsidiary of Australian Central Credit Union Ltd, trading as People's Choice Credit Union.
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Copyright © 2013 People's Choice Credit Union, a trading name of Australian Central Credit Union Ltd ABN 11 087 651 125 Australian Financial Services Licence (244310) and Australian Credit Licence (244310) BSB 805-050