 | Each year, thousand of Australians are injured, car accidents every day, suffer a serious illness or die unexpectedly. Income stops after death, physical disability or serious health problems. Every day, 220 Australians are diagnosed with cancer, 132 suffer major coronary attacks, 47 undergo bypass surgery, 53 undergo artery angioplasty and 34 under age 65 suffer their first stroke[1]. 40% do not have life insurance, 63% do not have income protection, 47% do not have TPD and 79% do not have Trauma cover[2]. [1] Source: Australian Institute of Health and Welfare [2] Newspoll, February 2004 (PIS Website, Accountant’s PD Day, April 2006) |
Of 9 million working Australians, 6.5 million have not protected their income Australia has the largest income protection gap of any developed nation (39%) 1 in 3 Australians will be off work for more than 3 months during their working life There are more than 116,700 persons in Australia who are permanently unable to work More than 150,000 males each month are temporarily unable to work due to illness or injury More than half of all serious accidents occur away from work so workers compensation is not available Providing for yourself and your dependent family when an adverse disaster strikes is your responsibility. The key to real security for your loved ones is hold appropriate financial protection so that your financial commitments and your family's dreams can still be achieved. Otherwise, you may be disappointed or your loved ones will compliment you on your family values for the rest of your life. |
