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It’s said that buying a house is one of the most stressful life events, and if you’ve recently entered the property market, you’re probably vigorously nodding your head. Other than the dodgy seller and the ruthless agent, there’s another potential obstacle to your white-picket-fence of homeowner bliss that’s lurking in the neighbourhood.
If you have dependants and no life insurance, getting life insurance should be really high on your priorities, regardless of becoming a new homeowner.
It may surprise you to learn that, if you have a home loan and something bad happens to you, you could lose your home. If you can no longer afford to make the bond repayments because you get sick, become disabled, or even die, the bank will sell the property, and if that happens, where will your family live?
Gretchen Pletschke from Indie says there’s a simple way to avoid this far more stressful life event, which is to get life insurance.
If you have dependants and no life insurance, getting life insurance should be really high on your priorities, regardless of becoming a new homeowner.
It may surprise you to learn that, if you have a home loan and something bad happens to you, you could lose your home. If you can no longer afford to make the bond repayments because you get sick, become disabled, or even die, the bank will sell the property, and if that happens, where will your family live?
Gretchen Pletschke from Indie says there’s a simple way to avoid this far more stressful life event, which is to get life insurance.
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