Insurance basics

Most financial experts suggest that insurance is an important part of any good financial plan. It plays an important role in reducing the risk of financial loss.

  1. Facts about insurance

    Only 4% of typical working families with dependant children have the life cover recommended by experts to cover their needs1.

  2. Why you need insurance

    The costs of replacing your home, valuables or in some cases your income can be significant. Insurance can give you a way to manage the consequences of unexpected events which cause financial loss.

  3. Types of cover suitable to you

    There are many types of insurance cover available depending on your individual needs and circumstances.

  4. What is insurance through superannuation?

    You can arrange certain types of insurance through your superannuation. This may be a tax effective way of establishing your insurance and your premiums may also be more cost effective.

  5. How insurance claims are paid

    We are in the business of paying claims – Learn how BT Insurance is on hand when the unexpected happens.

1 IFSA media release, Life and risk sales up - Aussies hear wealth protection message, 26 April 2007.

 

Did you know?

Insurance is considered by many financial experts to be a fundamental part of any sound financial plan. Insuring yourself adequately will mean you can cope financially if the unexpected happens to you.

There are a number of myths surrounding insurance and the facts can be very different from what many people believe.