Life insurance is a vital part of the ecosystem that helps protect the financial, emotional and physical wellbeing of Australians. But without a better understanding of how each of these systems interact, and a realistic appreciation of the true costs of poor health, we are ill equipped to judge the appropriate types and levels of support to best suit our circumstances, and to navigate a complex network of services and providers. Given that many Australians adopt a ‘she’ll be right mate’ attitude, are your clients financially prepared for the cost burden of experiencing, or caring for someone experiencing, illness or injury?
“The average cost to traditional health insurers for the first 90 days following a heart attack is $38,501”
• “Expenditure on cardiovascular diseases is projected to increase by $8.3 billion (105%) in the 30 years to 2032-33”