Insurance helps you to manage the risk of uncertainty in life. When buying insurance, focus on what you need, and what is or isn't covered by different policies.
If you're planning an overseas holiday, you may need travel insurance. It can help cover the cost of accidents, illnesses and delays while travelling.
Private health insurance helps you pay hospital and medical costs not covered by Medicare. Consider what you need and can afford.
Funeral insurance could cost you a lot more than the benefit your family will receive. There may be cheaper ways to help your family pay for your funeral.