With thanks to Ray, his family and Sovereign, this excellent short video shows how insurance cover works. Ray was a Dentist in Dunedin, very active, running long distances, when he was diagnosed with Motor Neuron Disease.
Although he had always seen his Life Insurance and Income Protection Insurance as a 'necessary evil' they made a real difference to being able to deal with his illness, and for his family, with his death. They gave him dignity.
http://www.youtube.com/watch?v=l9IUC2DNDq8
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For more blog articles on insurance, check out these posts:
How does income protection insurance work?
Terminal Illness Benefit – how to get your life insurance paid out without dying
Claiming on your income protection insurance – how would it work?
By Carey Church
