Donna and David met about five years ago. Donna and David always wanted to provide the best for their family. They loved to have fun and always wanted to spend time with the kids. They wanted to raise a family together and experience all life has to offer.
Two years after they had married, they bought a house with plenty of room for a family. Time flew by quickly and Donna got pregnant with their first daughter, Mary. Donna decided to give up her job to take care of Mary and be a stay at home mum while David advanced his career as a software consultant. He was now earning $150,000 a year. Things were on track for Donna and David and they were happy.
Time flew by and Mary had just started primary school. Donna and David were thinking about having a financial plan put together to look after Mary in the future but they never quite got to organise it. Paying the mortgage and day-to-day bills always took priority over insurance.
One day their world crashed down when Donna lost David in a tragic accident. David was on a business trip when he met an unfortunate accident and lost his life. The loss of David had an emotional and a financial impact on Donna and her daughter, Mary. Donna had to return to work to pay the mortgage and every day bills were hard to pay on her single income of $50,000.
This is a fictional event.
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3 Indicative premium based on a 34 year-old male non-smoker with $100,000 Life cover
5 25% less statement based on cumulative average premiums for $500,000 Death cover of relevant direct life insurers from their websites as at 3rd March 2015, based on ages 30, 35, 40, 45 and 50 years.
The insurance is issued by Allianz Australia Life Insurance Limited ABN 27 076 033 782, AFSL 296559. The information contained on this website is general information only. It does not take into account your individual objectives or financial situation. You should therefore consider the appropriateness of the insurance having regard to your objectives, financial situation and needs. Prior to making any decision you should read the Allianz Life Plan Product Disclosure Statement and Policy Document (PDS). You should seek advice from your financial adviser before deciding on appropriate insurance cover.