Underinsurance is a common issue that occurs when you have life insurance, but the coverage amount isn’t sufficient to meet all your financial obligations if the unexpected happens. This can leave you and your loved ones financially vulnerable.
You might have some life insurance through your superannuation, but is it enough? Life changes—like getting married, having kids, or buying a home—can mean you need more coverage than before.
Figuring out how much coverage you need can be challenging. An insurance specialist can help assess your financial situation, identifies potential risks, and ensure you have the right insurance coverage tailored to your needs.
As your life changes, your insurance needs might change too. Regularly reviewing your life insurance ensures it still fits your needs and keeps your loved ones protected.
Get in Touch
Take a moment today to review your coverage and make sure you’re properly insured. Get in touch with our risk specialist advice team at SCM Insurance who can help ensure you have the right level of cover for your needs.
Nic Brian – Principal, SCM Insurance
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