Who will look after them when we’re not there?
Caitlin’s story, like no other, highlights the fundamental purpose of the life insurance industry and the power of protection for families during times of need - this is how we make a difference. Enabling Caitlin's mother to take considerable time off work, knowing bills will be paid and she can focus solely on the return to the wellness of her young child, is to do something that really matters.
"My mum was always there. She was there when I had to have proceedures ..."
You don’t have to look far to find a story in the media about Australia’s underinsurance problem. It seems every bushfire season the same media reports another near identical tragedy of families losing everything and being underinsured or worse, not insured at all.
In 2013, 14,962 new cases of bowel cancer were diagnosed in Australia. If it's detected early enough, treatment can cure bowel cancer and stop it coming back. Unfortunately, a complete cure isn't always possible.
"I was told I have bowel cancer and I said, I'm too busy - I've got meetings tomorrow."Scottie
Australia has an underinsurance problem. We overestimate our ability to cope in terrible situations and underestimate the amount of resources, money, time and support we'll need to survive, recover and rebuild.
"People think you grow old, then you die; but in reality that's not how it happens at all. People die early, tragically, quickly."Emma
With increasing housing prices, changes in our spending and saving patterns, the ongoing uncertainty from the GFC and uncertain government economic policy, many people are now looking to Co-Ownership as a way to enter the property market with lower cost and lower risk. Simply put, Co-Ownership is now mainstream.
When a single property is owned by more than one person (or company) it can be owned either as;