Many Australians underestimate how quickly illness, disability, or death can derail their financial stability. Life insurance isn’t just about protecting loved ones – it’s about protecting income, assets, and lifestyle.

Tom Will, Risk Adviser at the Bongiorno Group, discusses with Dr Jeff Scott, Head of Advice Strategy at MetLife Australia, who really needs life insurance and why. They explore the key types of cover – death, TPD, trauma, and income protection – and how each can support both personal and business needs. They also cover eligibility, tax considerations, and why self-insuring can be a risky fallback. 

The Money Doctors is proudly brought to you by leading financial services organisation the Bongiorno Group, the preferred tax and accounting partner for the Australian Medical Association Victoria. 

For more information, please call 03 9863 3111 or visit https://bongiorno.com.au/ 

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product Disclosure Statement before deciding to acquire the product.