Know Risk is a community education program designed by the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) to improve our understanding of insurance and how it relates to managing the many risks we all face in life.
Life Insurance Checklist
There are only two things you can’t avoid in life — death, and taxes (unless you employ the services of an accounting wizard). However, there are numerous steps we can take to ensure that when we pass, or are severely disabled, we do not leave our loved ones with undue financial burdens, due to diminished earning capacity or loss of income.) But with so many choices, options, exclusions and policy types available, making that choice can be quite confusing.
Knowing what to ask or look for is half the battle, which is why we've put together this handy checklist to help you when you're looking to take out some form of life insurance, income protection, trauma or total and permanent disability insurance.
Download the printable checklist.