Term Life Insurance Case Studies

Graeme, at the age of 35 was a married father of two and worked in the IT industry. He enjoyed his work and it involved meeting clients at their office regularly. His wife Melissa was only working part –time and spending time at home to look after the youngest child.

After returning from a sales conference, Graeme was in a taxi on his way home, the taxi was involved in a head on collision. Despite the best efforts of hospital staff to revive him they were unsuccessful.

Graeme had set up a life insurance policy when he and Melissa had their second child. The payout of $843,593 was enough to pay out debt and provide for the family over the next 10 years.