Insurance is a financial arrangment between yourself and the insurer which promises to provide a payout if specified events occur.

When you mention insurance most people automatically think of Life Insurance.

Life insurance is actually made up of several distinct areas which include:

  • Life cover
  • Total and permanent disability
  • Trauma
  • Income protection

A number of these types of life insurance can actually be taken via superannuation.

Other common types of insurance include:

  • Car Insurance
  • Motorbike Insurance
  • Caravan Insurance
  • Home and Contents Insurance
  • Health Insurance
  • Travel Insurance
  • Pet Insurance