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.
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.
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.
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.
A target market determination has been made for Protection Plans products. Please visit bt.com.au/tmd for any of our target market determinations.
The Insurer and Issuer is Westpac Life Insurance Services Limited ABN 31 003 149 157 AFSL 233728, except for Term Life as Superannuation, Income Protection as Superannuation and Income Protection Assured as Superannuation, issued by BT Funds Management Limited ABN 63 002 916 458 AFSL 233724 as Trustee of Retirement Wrap ABN 39 827 542 991. They are subsidiaries of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714, who does not guarantee the insurance. This information does not take into account your personal circumstances. Terms and conditions, and limitations and exclusions apply. Please read the Product Disclosure Statement to see if this insurance is right for you.
© Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714