The true cost of critical illness in Australia

Written by Ronald Pratap

on March 16, 2020

There’s a lot to love about this great Australian life, but sometimes things don’t go as planned. With diagnoses of serious illnesses on the rise, it’s important to know the likelihood of health issues and the cost of recovery.

Critical Illness cover can’t protect your health, but it can protect your finances and give you choices when needed most.

Be aware of what is included and excluded in your insurance cover as group insurance policies in your superannuation come with a number of restrictions on claims.

Since opening the business 3 years ago, our Oran Park office has dealt with 2 critical illness claims and both of them for clients in their early 30’s. Do not be caught out and leave your family out of pocket in these turbulent times.

If you would like to ensure your family is protected in the event of a serious illness call our office at 9188 1547 and or email admin@rpwealthmanagement.com.au so we can review your overall financial health.

If you like this check out our other related articles:

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What is the difference between health and life insurance?

Ronald Pratap

Principal Financial Planner at RP Wealth Management | Financial Planning l SMSF I Insurance l Property Advisory. Our purpose is to provide our clients with sound advice and direction to assist with their financial affairs and help them make the best choices in achieving what is important to them.

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