17 Sep
This checklist will help you quickly assess your current level of financial protection, as well as determine the steps you will need to take to upgrade your financial security.
| Tool | Description | Have | Not Sure/Review | Don't Have |
|---|---|---|---|---|
| Emergency fund | Money that is set aside for unexpected situations. You have enough to cover unexpected repairs, urgent travel or loss of income in your savings. | |||
| Life insurance | A product that pays out a sum of money to your family/beneficiaries in the event of your death, or if you are diagnosed with a terminal illness. | |||
| TPD insurance | Insurance that pays out benefits if you are unable/unlikely to work on your own or in any occupation for which you are suited by training, education or experience. | |||
| Income protection (IP) | Replaces your income if you cannot work due to sickness or injury, as well as pays a monthly taxable benefit. | |||
| Trauma insurance | Provides a lump sum of money to cover immediate medical expenses and other financial needs when a critical illness or injury occurs. | |||
| General insurances | Includes car, home and content, and landlord insurances. | |||
| Private health insurance | Insurance that can help pay for the cost of your treatment as a private hospital patient, or for out-of-hospital health care services. |
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