You’re a single parent raising your kids on your own. You may or may not have lots of family and friends supporting you, but at that end of the day your key priority is looking after their future.
It’s great that you’re thinking about your, and your family’s future – as often it’s something we don’t like to ponder on too much. Some of the questions you’ve been thinking about might be:
- How will I keep food on the table, and keep the bills paid if I get sick and can’t work?
- If anything happens to me, how I can ensure that there is money available for their future?
The table below shows you what people who were thinking about a similar future to you have asked for quotes for cover on:
Type of cover Average level of cover asked about
This cover provides for those you leave behind and helps them pay the mortgage, invest in your children’s education, put food on the table and pay the bills.
Adding disability cover to your life policy provides a payment to make life easier if you become totally and permanently disabled.
Adding Critical Illness cover (also known as trauma cover) to your life policy will ease the burden if you suffer from one of the covered conditions.
Income Protection Cover$20,100$45,100$80,000
This cover provides you with a regular monthly payment to help replace your income if you are unable to work due to illness or injury. It provides for you and your family through this tough time.
* Data is provided by Chatswood Consulting Limited and is based on quote data for the period April 2018 to March 2020. This information is not personalised advice and is not a recommendation to purchase a certain level of life insurance.