Sydney, Australia -- (SBWIRE) -- 05/14/2015 -- Superhero Insurance, who has launched a life insurance comparison tool so consumers can compare prices, has warned that newly married couples could face a lifetime of debt, f they do not buy life insurance and income protection insurance.

Many couples who are starting a life together think about today and not about the future according to reports. A lot of newly wed couples do not understand that when they buy a house it is actually a debt until it is paid off. They also do not understand according to reports how they would be affected if one of them became ill, or if one of them died and how they could fall into debt and lose the house. Important insurance cover is the last thing on most young couples minds when they get married, but according to Superhero Insurance it should be one of the first.

A spokesman for Superhero Insurance said: "A lot of young couples who get married feel life insurance and income protection insurance is something for the older generation. However, this type of insurance is important for anybody who has responsibilities."

If a person is off ill through a serious illness or accident and they do not have income protection insurance, then this could result in just one wage coming in. However, if they have children and one of the parents is a stay at home parent, then that means there is no income coming into the house. A spokesman for Superhero Insurance explained how important it is to make sure the mortgage is always paid. They also said how couples should plan ahead and make sure they do not suffer financially if one of them is unable to work.

Thousands of people each year in Australia lose their home through no fault of their own. Nobody expects to have an accident or fall ill, but it does happen. When a person has a reduced income and cannot afford the mortgage, then they become further in debt. Eventually, they could lose the house and become homeless. That could all be avoided if all couples planned ahead and took out the correct insurance.

Income protection insurance and life insurance does not have to be expensive. By using the Superhero insurance comparison tool, they can find the best deals by comparing the whole of the market. Within minutes, they can find what is the best deal and policy.

To learn more about Life Insurance and to compare all the policies that are available, please visit
https://www.superheroinsurance.com.au/australian-life-insurance.html

About Superhero Insurance
Superhero Insurance is a motivated team of insurance professionals, who are 100% independent of any financial or banking institutions. They offer the most favourable and advantageous conditions for all types of insurance, being leaders in the local insurance market.

Media Contact:
Gerard Lowe
Superhero Insurance
http://www.superheroinsurance.com.au
saveme@superheroinsurance.com.au
1300 316 048