When considering income protection insurance in Australia, it's essential to calculate how much coverage you truly need. A common general guideline is to aim for 60% of your annual income. That said, this is just a basic recommendation. Your individual circumstances will certainly influence the appropriate amount of coverage. Consider factors like
Trauma Coverage: A Cushion for Life's Surprises
Life is full of unexpected moments, and sometimes those moments can turn into stressful situations that require significant financial resources. Trauma insurance provides a safety net during these tough times, offering monetary assistance to help you recover from unexpected illnesses. Consider trauma insurance if you have a family who rely on you