What would happen if? When we help you obtain a home loan, we solve one problem for you, but another problem is created. Someone will have to repay that loan. Your lender has just taken your greatest asset into consideration when approving your new loan. Your income. Wouldn’t it seem sensible to insure that income in the case of an unfortunate event? It may just help you to keep your new home. Did you know? Australian males have a 1 in 3 chance of getting cancer before the age of 75, females a 1 in 4 chance? Australian Institute of Health and Welfare, 2004 Every working Australian has a 50% chance of being disabled for 3 months or more before reaching age 65? Australian Institute of Health and Welfare, 2002 yes no If you were unable to work, due to sickness, injury or unemployment, or in the event of your premature death: Would you like to have access to enough funds to meet your loan commitments? Would you like your loved ones to be able to stay in the family home? Would your savings run out, if you had to be off work for an extended period of time? Does your employer place a limit on the amount of your sick leave? If you have answered yes to any of the above questions you may be financially exposed. As a part of our service, we can provide you with all the details about insurance, MLC EasyCover, to help protect your ability to pay your loan in case your income is affected. The advice contained herein does not take into account any person’s 62156M0307 particular objectives, needs or financial situation. Before making a decision regarding the acquisition or disposal of a financial product you should assess whether the advice is appropriate to your objectives, needs or financial situation. Before acquiring a financial product your should obtain a Product Disclosure Statement (PDS) relating to that product and consider the contents of the PDS before making a decision to acquire the product. MLC Limited ABN 90 000 000 402 AFSL 230 694.
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