Life Insurance
Life Insurance
Life Insurance provides insurance cover that pays a lump sum benefit to your Estate if you die during the period of cover.
If you’re the main income earner in the family, life insurance can help provide a stable financial future for your loved ones if you pass away prematurely. It can help your family cope with major household expenses, such as paying off the mortgage, education costs and funeral expenses.
How much cover do I need?
Most review their life insurance at key stages during their lives, like:
- Getting married
- Arranging a mortgage or a loan
- Starting a new job
- The birth of children
- Buying a house
- Establishing a business
Not sure what type of insurance you need?
Not sure what is involved or not sure of the cost?
Book a call and we can show you how easy it is to get the right insurance covers in place.
What Is Life Insurance
Life cover is also called ‘term life insurance’ or ‘death cover’. It pays a lump sum amount of money when you die.
The money goes to the people you nominate as beneficiaries on the policy.
If you haven’t named a beneficiary, the super trustee or your estate decides where the money goes.
Life cover may also come with terminal illness cover.
This pays a lump sum if you’re diagnosed with a terminal illness with a limited life expectancy.
Insurance Matters are your Queensland Insurance experts and have been serving policyholders protecting family livelihoods with the best insurance polices
