The facts: Heart disease kills one Australian every 10 minutes. 42,000 Australians are expected to die from cancer this year alone. 96% of Australian families lack enough life insurance to protect their families for >10 years or more, meaning only 4% of families are adequately covered. Someone in their mid-30s with two young children and earning around >$50,000 pa will need life insurance cover of between $500,000–$650,000,5 or 10–13 times their annual pre-tax income.
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