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What kind of risk insurance is available to Chris

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Question - Chris is age 35, married with two children aged 4 and 6. He has salary of $125,000 pa and his wife also works part time earning around $400 per week. They have a mortage of $300,000 and living costs of about $700 a week. They are both graduates and hope to provide the children with a good education and tertiary opportunities if they are presented.

Required - What kind of risk insurance is available to Chris to provide an income stream in the event they are unable to work for a while as a result of sickness or accident?

Reference no: EM133012973

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