Why Should You Consider using a Broker/Adviser Over Having Insurance In Your Super Fund?
Many insurance plans in Australia are only accessible by brokers or advisers. The reason behind this is that life insurance providers sell more nuanced policies through brokers. Why? Because these financial advisers are responsible for educating their clients and ensuring that the coverage is appropriate for them. “Insurance brokers or advisers don’t work for […]
What is a Statement of Advice (SOA)
As part of the personal advice process means gathering a variety of personal details from you to work out what you may need in terms of financial advice. Financial Advisers are required by law to issue you with a variety of disclosure and advice documents, depending on the type of advice you are receiving. Jarickson are […]
SMSF or Public Fund – what’s the difference?
SMSF or Public Offer Fund – what’s the difference? An important part of financial planning is setting up a super fund, but it can be tricky to decide which suits you best. In this article, I’m going to outline the key features and differences between self-managed super funds (SMSF) and public offer funds. A financial […]
Life milestones are a good reason to check your Life Insurance
And while all of these are still momentous and memorable life moments, today there are several other modern milestones to add to that list. These could be launching your own side hustle, investing in a property with a friend, choosing to have a child on your own, or deciding to travel in a campervan. Aside […]
Will vaccines affect Life Insurance policies?
With the world of vaccines, there is a lot of misinformation floating around. One such subject is if life insurers pay a benefit if you have had a coronavirus or Covid-19 vaccine. This week, multiple life insurers have confirmed they will in fact pay a benefit if you have chosen to take the vaccine, regardless […]
A Practical Guide on Life Insurance and Coronavirus
The coronavirus outbreak taught us a lot of important lessons. One of those is how you can be financially unstable all of a sudden. Many have first-hand witnessed how easily life can shift and are reminded of the value of financial security. Based on Google Trends’ information, search queries for “life insurance and coronavirus” have […]
If you are affected by the floods, we can help
Flood assistance Several insurers have notified us this week of their intention to give some premium relief if you, as a policy holder, are affected by the current flood crisis affecting so many Australians To find out more about how you can access this assistance, please call us on 1800 674 435 or email us […]
Do Life Insurers pay on conditions relating to the Covid-19 vaccination?
Coronavirus vaccine and insurers Many clients have asked if there are any exclusions relating to disability or life insurance policies as a result of getting the Covid 19 vaccine when it’s available We have checked with a variety of insurers about any exclusions and the answer is that life insurers in Australia will not exclude […]
Industry Funds taken to court by regulator – why you should care.
Do you check what your industry super fund sends you? If you are with an industry super fund, have you checked the insurance that is within your fund? Over the years, Industry Super Funds have been able to offer a very competitive premium on basic level personal insurances. This has all now dramatically changed. In […]
Insurer Profile: TAL Life
TAL is one of Australia’s leading life insurers They protect almost 4 million Australians and their families, helping them look after what matters most, so they have the freedom to keep living the life they planned. Backed by one of the world’s largest insurers, Daichi Life, they are a formidable force in the Australian insurance […]