Sunday, August 14, 2011
Million Dollar Woman Insurance - do you need it?
After having my children my main concern has always been 'what would we do if I was sick and unable to look after my chilldren?' It's a question a lot of families think about - if your planning to have children over the next few years or you are a stay at home mum now - there is a answer!
Million Dollar Woman is insurance designed for mums in mind! There is now a easier and less worrying way to look after your household.
As per the Million Dollar Woman website: Day-to-Day Living Expenses Cover is a new insurance that pays you a regular amount if you're temporarily sick or injured and unable to carry out everyday household tasks like shopping and caring for your kids.
Unlike health insurance, the money goes directly to you to spend on whatever you like.
•Regular payment of either $500 or $750 per week
•Bill Booster option of an extra $150 (increase your cover to $650 or $900 per week)
•No medical or blood tests required when you apply
•Pay your premium monthly or fortnightly at no extra cost
•Easy claims process through your regular doctor
•You can claim a number of times – up to $25,000
You can claim a benefit if you get sick or are injured and can't do any two or more of the following five household tasks for more than 14 consecutive days:
•Cooking and preparing meals using basic ingredients and kitchen appliances.
•Cleaning the house, including using a vacuum cleaner and mop.
•Washing and drying clothes using a washing machine and outdoor washing line.
•Shopping for groceries including fruit and vegetables, laundry items and household cleaning products.
•Looking after children under the age of 12 (if you do this as part of your everyday activities at home), including bathing, dressing, feeding and taking to school.
I didn't even know this insurance existed until I was introduced to them at an event I went to a few weeks ago. As a mum of two, I can definitely say that this insurance would come in very handy for us should there be a need for it.
If you would like to know more or get a quote for this insurance you can check out Million Dollar Woman.
Would you consider insurance like this for your family?