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:

Eliminating Cervical Cancer in Australia

Workers compensation vs income protection: what’s the difference?

What is Indexation in insurance?

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.

Latest Posts

What concession cards are available for seniors and pensioners (1)

What concession cards are available for seniors and pensioners?

September 24, 2024
Financial literacy for kids

Financial literacy for kids

September 24, 2024
Can I receive multiple payouts from different insurance policies_

Can I receive multiple payouts from different insurance policies?

August 14, 2024
What Clients Are Saying About Our Financial Planning Services
We've Been Featured In
Industry Recognition

TAL Rising Star Financial Planning finalist 2016

RI Advice Excellence award Finalist 2014

One of the 50 Most Influential Advisers 2021