{"id":30386,"date":"2015-07-28T11:35:35","date_gmt":"2015-07-28T01:35:35","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=30386"},"modified":"2015-07-29T06:37:56","modified_gmt":"2015-07-28T20:37:56","slug":"children-main-reason-for-buying-insurance","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2015\/07\/28\/children-main-reason-for-buying-insurance\/","title":{"rendered":"Children Main Reason for Buying Insurance"},"content":{"rendered":"<p><span style=\"line-height: 1.5em;\">Having children is the primary trigger for taking out life insurance, a survey from Asteron has shown.<\/span><\/p>\n<p><!--more--><\/p>\n<figure id=\"attachment_27971\" aria-describedby=\"caption-attachment-27971\" style=\"width: 150px\" class=\"wp-caption alignright\"><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2014\/11\/Mark-Vilo-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-27971\" alt=\"Asteron Life Executive Manager, Mark Vilo\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2014\/11\/Mark-Vilo-2.jpg\" width=\"150\" height=\"180\" \/><\/a><figcaption id=\"caption-attachment-27971\" class=\"wp-caption-text\">Asteron Life Executive Manager, Mark Vilo<\/figcaption><\/figure>\n<p>The study, which asked consumers to nominate the life event that would prompt them to take out life insurance and\/or income protection, found that 51% of people with life insurance purchased the product because they had (or decided to have) children.<\/p>\n<p>The other main triggers were:<\/p>\n<ul>\n<li>Taking out a mortgage (46%)<\/li>\n<li>Getting older (39%)<\/li>\n<\/ul>\n<p>Asteron Life Executive Manager, <strong>Mark Vilo<\/strong>, said the research, combined with the fact that just 20% of Generation Y seek regular financial advice, proved that younger Australians were missing out on an opportunity to take greater control of their financial futures.<\/p>\n<p>\u201cThe average age for Australians to have children is 31 and to buy a first home it\u2019s 34. That means much of Generation Y are either experiencing or about to experience these life changing events\u201d, he said.<\/p>\n<p>\u201cA little bit of planning can go a long way, and ensure life-changing experiences can be fully enjoyed without financial stress.\u201d<\/p>\n<p>Lifestyle coach and Asteron Life blogger, <strong>Tenar Roberts<\/strong>, suggested one way to position advice to younger clients is through a mid-year financial health check.<\/p>\n<p>\u201cGetting some financial advice specific to your lifestyle and values can go a long way in giving you a greater sense of control and freedom. It may give you greater confidence to pursue the things you really want like a family, home ownership or starting your own business,\u201d Ms Roberts said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Having children is the primary trigger for taking out life insurance, a survey from Asteron has shown.<\/p>\n","protected":false},"author":7,"featured_media":30433,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[4247],"class_list":["post-30386","post","type-post","status-publish","format-standard","has-post-thumbnail","category-general","tag-feature"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/30386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=30386"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/30386\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/30433"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=30386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=30386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=30386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}