The financial burden of a trauma or critical illness
Exploring the financial burden of critical illness Trauma or ‘critical illness’ cover was originally developed in South Africa in the early 1980s by the late Dr Marius Barnard, a doctor who observed that while advances in medical science and treatments were helping an increasing number of his patients survive a serious illness, they were often […]
Property Investors Council reveal what they think
Each year, the Property Investment Council of Australia (PIPA) survey it’s members, showing what the current thoughts are with this group of people. I thought it would be worthwhile sharing what the results were. If you are an investor, or are looking at buying more property in the near future, this is a great place […]
The Little-Known Secret Weapon Of Successful Investors
We recently contributed to Your Investment Property Magazine in looking protecting your investments through well planned risk protection. We are property investors ourselves, so we know what it means to manage properties, look at risks, and make sure our portfolios and plans are secure through good management. Personal insurance is a main part of this. […]
Who should own your policy and why should you care?
Life Insurance Policy Ownership Who actually owns a policy and can ownership be changed? There are several types of policy ownership available. Policy ownership can usually be changed (depending on the terms of the policy). Ownership types are as follows: Self Owned. Owned by the life insured (ie: you) Joint. Owned by both you and your spouse/partner Cross […]
Pay insurance premiums from your super fund – Why and Why not
Pay insurance premiums from your super fund – Why and Why not Cashflow is obviously a large consideration when looking at things like insurance premiums. Nobody likes paying insurance premiums, but everyone is thankful they did at claim time. How do we find a good balance in between those two events? Do you have […]
7 Mistakes people make when buying insurance
This article outlines some regular mistakes made when researching and buying personal protection. Hopefully you won’t make the same mistakes. Like all essential purchases there are some hard decisions to make that need to be considered. However, you may have friends, family, current clients and even new clients who are considering taking the DIY approach […]
We told you!
Insurance claimants who are assisted by a financial adviser are likely to have a better experience when dealing with life insurance companies, according to the interim results of a study conducted by the Beddoes Institute. The so-called Claimant Journey Study flowed from an assessment of the three of the largest life insurance companies conducted by […]
Get the most deductions from your insurance
Coming up to the new financial year, everyone talks about tax deductions, etc. One way of getting full value of your life insurance and income protection policies this year is to pay the premiums upfront. Why would you do that? Well, firstly, you receive the full deduction for this financial year, and; Secondly, your premiums […]
Common claim with Police Officers
In a recent claim, we were reminded of the difficult work that our Police Force has to do, and the toll it takes on them and their families. It was also a reminder of the gap in cover in some instances that officers find themselves. This recent claim, in which the details have been […]
Are you one of the majority?
Did you know that more than 70% of Australian life insurance is held in super funds? But did you also know that almost 3/4 of those benefits wouldn’t provide enough for the family after death or disability. So what’s the point? Better something than nothing maybe? These facts are according to financial services researcher Rice Warner. Most […]