Many Australians have a set and forget mentality when it comes to their life insurance. But it could result in not having enough cover when you need it most. What is life insurance? There are four types of life insurance: Life insurance: this cover can pay out a lump sum benefit to your loved ones […]
When you take out an insurance policy, the provider will determine how much you’ll be required to pay in premiums. This process, called underwriting, assesses the insurance risk, and usually requests information about occupation, medical history, pursuits, hobbies and financial situation. Essentially, it means you’ll only be paying the premiums that are required for the […]
Value is a funny thing. One person’s trash can be another person’s treasure, as the old saying goes. The value we place on something tends to be very individual, and is generally a product of many different factors ranging from cultural background and upbringing to personality type and even life stage. But as much as […]
You’ve worked tirelessly to own the home of your dreams. But if you suffered from an injury or illness that prevents you from working, would you be able to cover your mortgage repayments? A government report by the Australian Institute of Health and Welfare found that accidents were one of the leading causes of death […]
Buying insurance through super has many advantages, but you need to make sure you are getting the right cover for your individual needs. In some cases, you may be paying for nothing. Most super funds offer life and total and permanent disability (TPD) insurance to fund members and, in some cases, income protection cover. But […]
For some, checking in with finances is part of a weekly – or even daily – routine. For others, it’s more a case of ‘set and forget’. Whatever your usual habits, the current pace of change merits a more regular review of your finances. Markets are moving fast Whether your investment portfolio is based in […]
Insurance plays a central role in providing financial security for you and your family when it’s needed most. You insure your car and your home. But nothing is more important than your life and your ability to make a living. So it makes good sense to insure your greatest asset – you! As we move […]
At a time when many people have been focused on their family’s health and livelihood, having adequate life insurance has never been more important. Yet the gap between what we need and what we have, has been growing. Life insurance is all about ensuring your family can maintain their lifestyle if you were to die […]
Insurance through superannuation involves paying life insurance, and other types of insurance, via your superannuation fund. It can be a cost-effective way of protecting yourself and your loved ones; however, there are some limitations of this cover. Life insurance can give you peace of mind that what you’ve created in life is financially protected. When […]
For business owners, times of uncertainty can be very hard. You have to consider the needs of your people, adjust your business plans and bear the financial and mental burden associated with having a personal stake in your organisation. For most business owners COVID-19 has been an immense challenge, and many of the government support […]