| Clients |
David and Nicole + two children under 10 years |
| Situation |
Recently purchased their first family home. |
| Need |
David was concerned that if something happened to him, his wife and two small children would be left in debt. |
| Solution |
David took out a Life Insurance Policy. The policy was linked to David’s superannuation, which is a tax effective approach that reduced overall cost. |
| Event |
David was tragically killed in a car accident, leaving his young wife a widow with two small children. David’s Life Insurance Policy paid off the family debts (including mortgage), and provided surplus to replace David’s income. |