Ever considered what would happen to your family or home in the event of an accident or illness that prevented you from working? Would you be able to keep up with your mortgage payments and other bills? Unfortunately, most people would be unable to last long living off their savings, which is why accident and sickness insurance can complement your existing insurance plan.
Accident and sickness insurance policies provide financial support in the event of the policyholder becoming unable to work because of a disabling illness or injury. It provides monthly or weekly support to help pay obligations such as mortgage repayments and credit card bills.
When you choose personal effects insurance with Midas, in some cases you will be able to replace and repair certain items that become damaged. Typically these items are only covered during travel but can also be used in other limited situations that can be discussed when you contact us at Midas.
In the event that you are unable to work, an income protection policy will allow you to receive funds to help you with mortgage repayments and other bills. This will enable you to stay on top of your financial obligations until you are back on your feet. It can be difficult to catch up on missed payments and this cover will help alleviate the stress and strain of falling behind on loans, mortgages, and general household bills.
Contact Midas Insurance today on 1300 664 272. Our expert team can assist you to choose the right accident and sickness insurance policy for your needs.