Parenting young children is one of the most rewarding – and exhausting! – things that you can do in life. Nothing quite beats that surge of love you feel when you hold them in your arms for the first time and know that you are loved, and needed, unconditionally. So it is essential that you build the right foundation to protect your budding family financially.
Some of the challenges of this life stage
This is perhaps one of the most vulnerable financial times you might face in your life – you are likely near the beginning of your career, you might have just bought or are planning to buy your first family home, and you are otherwise laying the groundwork for your family’s future.
While you are setting the foundation for building your family’s dreams, it is important that you take care to protect your financial position against any unexpected developments. There may never be a more important time to ensure that your life insurance policies are in order.
Covering the risks
If you have been working hard to prepare for your young family’s future then it is important that you take steps to protect your hard efforts and financial future.
For this reason it is essential that you consider obtaining Life insurance. Not only can NobleOak Life Insurance pay up to $15 million for a claim, but your funeral will be taken care of as well. If you sign up for Life insurance while you are young and healthy then the premiums are also likely to be substantially lower.
Another important consideration if you have a young family is whether you should obtain Income Protection insurance. If you have young children and are climbing up the corporate ladder, you most likely expect to be able to continue on the same trajectory for several decades to come. But if you suddenly can’t work anymore, then your ability to keep your home, leave your children in the same school, or otherwise maintain your financial obligations may be jeopardised.
Obtaining the best value Life insurance
NobleOak can help you with a Life insurance quote today. We offer insurance tailored to your circumstances, personal and dedicated service, and security during claim time.
Our range of Life insurance cover can protect your family from financial despair in a time of need. These include Life insurance, Total and Permanent Disability (TPD) and Trauma cover, so you or your family can receive a lump sum payment to help clear debts and manage any ongoing expenses.
You can also add Income Protection insurance (and Business Expenses cover if you are self employed), in the event that you or your partner cannot work for a period of time due to a severe accident or illness.
With policies starting from $2 a day, you don’t have to pay much to enjoy peace of mind!