Australia now has the fourth largest pool of superannuation monies in the world topping just over $2.5 trillion dollars. Yet Australia ranks 53rd in the world for size of population. The pool of superannuation is more than what the entire Australian economy makes in one year.
income protection insurance
Do you have life insurance but no income protection insurance? You’re crazy!
No one likes to pay for insurance, let alone personal insurance. Who wants to think about the consequences if they die, become injured or fall ill and cannot work?
Only 31% of Australians have income protection insurance
Is your car insured? Over 83% of Australians say ‘Yes’. Is your home insured? Probably. Is your largest income producing asset insured? Probably not. Research collated by Lifewise.org.au shows that only 31% of Australians have income protection insurance.i Let’s think of it this way; the average income in Australia is around $78,000 per annum. For […]
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