People over 50 need life insurance.

People aged between 50 – 65, with adult children are often referred to as ‘Empty Nesters’. With established careers, this can be the right time in life to consolidate careers or branch out become self employed. Most empty nesters own their own home and are taking retirement planning seriously. They have more free time and are spending more money on holidays.

What is at risk?

Retirement plans! Pre-retirees need income to meet ongoing lifestyle commitments and to actively save for retirement. So if you are unable to work, the income stops.

What might happen?

You could suffer a heart attack, die from aggressive cancer, suffer a stroke and be permanently paralysed or do damage to your back while gardening. You could also become a financial carer for your grandchildren if your adult children are uninsured and suffer a loss because they are uninsured.

What are the consequences?

If an unexpected health event happens you might have to consider commencing retirement prematurely and drawing on funds too soon. So you start with a reduced retirement nest egg – which is also expected to last longer. Your spouse may have to work longer than planned.

Consider your ongoing insurance program carefully

Call us on 1300 528 121 for instant life insurance quotes