Did you know that tailored personal insurance super structuring can give you a greater choice and affordability of your life Insurance and Income Protection? If you have known about this before yet have doubts about the possible benefits, then now is the time you consider it seriously. In the past, you only had the choice [...]

Income protection offers you the financial assistance that you need in case you become incapable to work for a certain period of time due to sickness or accidental injuries. However, not all individuals are qualified to get coverage for this particular type of insurance. Insurance companies in Australia carefully consider your occupation and determine whether [...]

 Self-Managed Superannuation Funds represent the fastest growing segment within Superannuation – the average SMSF now has $964,000 in assets. People are choosing SMSF for the following key reasons Having control over there Super Investments and their own retirement destiny Flexibility and investment choices Ability to purchase property and even borrow under some circumstances Able to [...]

The Australian Prudential Regulation Authority reported significant losses in the industry. The fiscal year June 2012 was said to have suffered over $110 million in losses. This has prompted an increase in Comminsure income protection premiums and policies. However, the changes will not affect new business rates or policies that date back in 2003 and [...]

Several insurance protection options are available. There is the Worker’s Compensation, Income Protection, Disability Income Insurance, Sickness & Accident Insurance, Accident & Illness Insurance and Injury & Illness Insurance. Each one is about cover in case of an illness, injury or death but means differently over the other.   What is Worker’s Compensation/Work Cover?   [...]

About 3% of income protection policies in for some changes save for new business rates, 2003-drafted policies and new business and in-force level premium rates. The changes are brought about by the Australian Prudential Regulation Authority report of over $110 million losses as of FY June 2012 and increased claims.   The effects will be [...]

Prostate cancer used to be considered old man’s disease but that has changed. This has prompted AIA’s Priority Protection to step up its prostate cancer cover. Facts about prostate cancer: In Australia, about 20,000 new prostate cancer cases are diagnosed yearly. About 3,300 men die of prostate cancer; about the same number of women who [...]

From the time Accelerated Program was launched by TAL Life Insurance in 2009, it has gone its sixth upgrade on 1 November 2012. As a proud company that pays a daily claim of $2.5 million, TAL is zealous in its life insurance provision.   Over 100 improvements were made after a review was done on [...]

Anyone watching TV recently would be well aware of the increasing number of  Life insurance companies promoting direct insurance to consumers. Increasing the awareness of the need for personal insurance cover is great as most Australians and their families are underinsured. Many people have been misled by the advertisements and believe that insuring direct without [...]

An inability to earn income could risk many priorities in life and in as short as three months, even homes, a major investment, may be threatened.   A 2012 Life Risk Survey by CommInsure revealed that..   -         39% would resort to mortgage or remortgage -         32% would choose downsize their homes -         28% would [...]