Life Cover is also commonly known as 'term life' or 'life insurance'. It provides a lump sum on your death or on the diagnosis of terminal illness.
Life Cover provides financial support when it's needed most, giving your loved ones financial security and freedom to make choices about their future.
The right amount of Life Cover differs from person to person. We can help you calculate an appropriate sum insured for your circumstances which will reflect your debts and the ongoing income requirements of your dependants.
Some life insurance companies offer added features and benefits, so be sure to ask us about extras such as a funeral advancement benefit and grief support services.
Any advice on this website is general advice only and does not take into account the objectives, financial situation or needs of any particular person. You should obtain financial advice relevant to your circumstances before making investment decisions. Where a particular financial product is mentioned you should consider the Product Disclosure Statement before making any decisions in relation to the product. Whilst every care has been taken in the preparation of this information, Australian Unity Personal Financial Services Ltd (‘AUPFS’) does not guarantee the accuracy or completeness of it. AUPFS does not guarantee any particular outcome or future performance. AUPFS is a registered tax (financial) adviser. Any tax advice contained in this document is incidental to the financial advice in it. You should seek specialist advice from a tax professional to confirm the impact of this advice on your overall tax position.
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