Insurance

Are you prepared for the worst?

If you have a mortgage, other debt, dependents or minimal savings – talk to Power2 about life, trauma and income protection insurance.

If you aren’t covered, your family could suffer and you may lose much of what you’ve worked hard to get.

If you are covered, it could be time to review your policies to make sure you can take care of your family, if the worst happens.

Why should I have this kind of insurance?

Most of us would rather not think about the prospect of serious injury or death, but the reality is, unsuspecting people are struck down by injury, illness or disease every day.

More than half of all serious accidents happen away from work, and are not covered by most Workers’ Compensation policies. If you are injured at work, most policies will stop replacing your income after 52 weeks if the insurer believes you are able to work at least partially in your previous capacity.

Could it really make that much difference?

Have you ever calculated how much you will earn between now and retirement? You might be surprised. For example, if you were aged 40 with an income of $80,000 indexed at 6% you will earn $4.4million before you retire. How would you replace that income if something happened to you?

When should I get this insurance?

The fact is, the earlier in life you take out insurance the better. At a younger age you have less or no medical conditions and are generally healthier so your premiums are lower. This changes as you get older.

What do I have to do now?

At Power2 we do insurance. We will sit down with you and do all the hard work so you can be assured you have the correct cover for your circumstances. Don’t be complacent – call us on 07 49 577 574 or email enquiries@power2.com.au and talk to us about life, trauma and income protection insurance.