Do I Need Life Insurance?

New research completed in 2012 brought to light a number issues surrounding financial stability when it comes to being insured. The report discovered:

• Only 64% of Australian's could meet their mortgage payments in the event of a death
• 47% of Australians would NOT cope if their partner died

While surprising we know that 52% of people who take out income protection insurance are afforded piece of mind and 77% really believe that it is incredibly important to protect their assets.

What do you think?

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