A life insurance buy-back option is usually available to policies that are bundled with either TPD or Trauma insurance.
This is a common structure for life insurance policies as it lowers the cost of having separate insurances. It does mean however, that if you make a trauma or TPD claim, your life insurance benefit is reduced by the amount of that claim.
This is why insurers offer a buy back option.
How safe is your superannuation? Can a super fund go bankrupt? Is my superannuation Government guaranteed?
If you're looking into investing into property, regardless if it's residential or commercial, there's plenty to weigh up.
To have the retirement of your dreams, you must plan ahead. The bonus is, the sooner you start thinking about your retirement life, the better opportunity you have of making those dreams a reality.
