Additional insurance options

Insuring against events that are relevant to you can play a key role in preparing for the best, and a variety of different insurance options are available.

Protect what matters

Along with other forms of insurance, you may need extra protection depending on you, your family and your circumstances.

A wide range of insurance options are available. It’s all about knowing the sort of cover that is right for your needs.

Protection specific to your job

Some jobs involve aspects of risk that are quite specific to the role. For instance, if you are employed as a health professional, a needlestick benefit can provide a payout if you acquire a bloodborne disease as a result of a workplace injury.

Financial protection for children

Parents aren’t the only people who can fall ill. Children can also be impacted by serious illnesses or injury, and this can place families under tremendous emotional and financial strain.

Insurance is available that can provide a financial benefit for families with seriously ill children. This can enable you to focus on your child during an exceptionally difficult period, and even potentially improve your child’s chance of survival through the ability to meet additional medical expenses.

Homemakers cover

A homemaker may not bring income into the household, but the value of his or her work can be significant. As a homemaker, if you couldn’t function due to illness or injury, you could face a range of costs for child care and a housekeeper to keep the household running.

Insurance is available to cover homemakers, and it can be worth thinking about.

These are just some of the examples of additional insurance options available.

Contact a BT Wealth Consultant to discuss BT’s insurance options
Knowing which types of insurance to select depends on your circumstances. We explain what to look for.
Term Life insurance can help loved ones avoid financial hardship if you pass away. It can mean they continue to enjoy a quality lifestyle if tragedy strikes.
Living Insurance can pay a lump sum if you are diagnosed with a specified medical condition or undergo certain medical procedures. The payout can help you focus on recovery.

BT Protection Plans and BT Protection Plans for Mortgage Customers are issued by Westpac Life Insurance Services Limited ABN 31 003 149 157 (WLIS), except for Term Life as Superannuation and Income Protection as Superannuation which are issued by Westpac Securities Administration Limited ABN 77 000 049 472 (WSAL) as trustee of the Westpac MasterTrust ABN 81 236 903 448. WLIS and WSAL are wholly owned subsidiaries of Westpac Banking Corporation ABN 33 007 457 141 (the Bank).  The Bank does not guarantee the insurance. This information does not take into account your personal circumstances. Terms and conditions, and limitations and exclusions apply.  Read the Product Disclosure Statement to see if this insurance is right for you.

© BT Financial Group – a division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714