The Benefits of Life Insurance

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As you enter your golden years, priorities may change and planning for the future can become more important. At Golden Insurance, we want to help you provide your loved ones with a brighter tomorrow with some straightforward financial support. Whether it’s to help cover the costs of outstanding debts, funeral expenses, or even to leave a gift behind, we provide some peace of mind that your loved ones will have some financial help when you’re no longer around.

Let’s take a look at some of the benefits Life Insurance can provide and see how it can be a valuable option for those aged 40-80 throughout Australia.

Cash Payout for Your Loved Ones

One of the primary benefits of getting Life Insurance cover is that it can provide some financial help for your family at an already stressful time. Depending on your age, Golden Life Insurance offers up to $250,000 Life Insurance benefit paid straight to your loved ones after you pass away, helping you to provide them with a brighter tomorrow.1 However you’d like to support those closest to you, this can offer you some peace of mind and allow you to live life with one less thing to worry about.

Better yet, with Golden Life Insurance, applying is easy. With no complicated forms to fill out, no medical exams or blood tests needed – simply answer a few health and lifestyle questions and you’re all set. In just minutes, you can arrange everything over the phone.

Terminal Illness Coverage

It can be difficult to think about, yet it can be very important to consider. Golden Life Insurance provides a 100% early pay out of your Life Insurance benefit amount if you are diagnosed with a Terminal Illness, to help cover medical expenses or for you to spend time with your loved ones.2

Straightforward Claims Process

When the time comes, it’s crucial that the process of claiming your benefit isn’t made any more complex for your loved ones than it needs to be. At Golden Insurance, this is something we understand the importance of, with a claims process that’s designed to be straightforward. Our Australian-based claims specialists will be on hand to help your loved ones with care and compassion.

Immediate Cover from Day One

When considering taking out a Life Insurance policy, we understand that you would want your coverage to come into effect as soon as possible. With Golden Life Insurance, you’re protected from the very beginning. This means you’re covered from day one for death and terminal illness,1 so you can get on and enjoy life.

Benefit Amount and Payment Options

Everyone’s financial situation is different and as we age, sometimes we need to make changes. At Golden Insurance, we recognise how important this is to our customers. When you choose Golden Life Insurance, you are able to select a benefit amount that works for you and pay when it best suits you by choosing whether to pay fortnightly or monthly at no extra cost. If you’re a non-smoker, you’ll also enjoy lower premiums.3

Help Give Your Loved Ones a Brighter Tomorrow

Whether you’d like to help protect your loved ones from the financial strain of covering mortgage repayments, debts, or other final expenses, we can help. Golden Life Insurance could help you to provide a brighter tomorrow for the ones you love.1

Our Australian-based team of Life Insurance specialists is ready to answer any questions you may have or help you get a quick quote over the phone. Simply give us a call on to learn more.

1

From $10,000 up to $250,000 of cover available (depending on your age when you apply). The benefit amount will not be paid if you die or are diagnosed with a Terminal Illness2 as a result of an intentional self-inflicted injury or attempted suicide that occurred before the policy commencement date or within the first 13 months of the policy commencement date. Refer to the Product Disclosure Statement for full details.

2

Terminal Illness is as defined in the Product Disclosure Statement. Upon payment of a Terminal Illness claim, the policy and cover will end.

3

Premiums for a non-smoker are lower than for a smoker of the same age and gender, with the same benefit amount. Golden Life Insurance is an insurance policy and not a savings plan which means if your policy is cancelled, you will not get anything back (unless it is cancelled within the cooling off period). The total premiums you pay over the life of the policy could also be more than the benefits we pay out.

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