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Insurance: EVERYTHING you need to know about income protection, TPD & life insurance

Australian Finance Podcast

CHAPTER

Navigating Insurance Coverage in Critical Situations

The chapter sheds light on the vital role of comprehensive insurance in terminal illness scenarios, showcasing real-life examples of insurance benefits received by individuals facing critical health issues. It emphasizes the pitfalls of default insurance cover in super funds and the necessity of accurately disclosing medical history to secure insurance claims. The discussion also addresses the financial implications of insurance premiums increasing with age and the importance of reassessing coverage at different life stages.

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