As Benjamin Franklin famously wrote back in 1789 the only certainties in life are death and taxes. Understandably one of the greatest fears many have is the risk of a premature death, those with spouses and children will live with the fear that they will leave their family short on income and with too much debt to live a comfortable life.
The most effective way to mitigate this risk is to take out life insurance that is customised to your specific needs and situation. It is critical that with life insurance you talk with a qualified financial advisor who can correctly match the right life insurance policy to your specific requirements. For example your policy may need to replace your income in the unforeseen event of your death or be customised to meet any debt obligations outstanding.
The team at Brookline Group can walk you through the many considerations when taking out life insurance and be on call to adjust the policy as your situation changes (age, health, debt etc). Contact the Melbourne based Brookline Group Life Insurance experts today to book a free - no obligation initial appointment.