Did it ever occur to you how your family would be able to manage financially in the case of illness, injury or death? Would they be able to live the life that they are used to? How about your children – do you think they could continue with their schooling if you were no longer there or capable to [...]

If you and your family rely mainly on your income to pay for your monthly expenses, how do you think everyone will cope in case you become incapable of work for a few weeks because of sickness or accidental injuries? Medical expenses alone can be very expensive, so where else can you turn to in [...]

If you have finally decided to get personal insurance coverage, well that’s good because, life has so many uncertainties – and the more prepared you are, the better. It is so easy to neglect getting insurance especially if you’re still earning an income and in a good state of health. But if you think about [...]

Who said that income protection is available for employed individuals alone? Because whoever that was didn’t know that even self-employed individuals can get coverage too. Income protection is basically a type of insurance that pays out in the event that the policyholder is not able to work for a certain period due to sickness or [...]

When it comes to income protection insurance, many people assume that the income protection provided by their super fund will be sufficient and they don’t need to take out an additional policy. Although industry super funds such as C Bus Super do offer income protection as part of their super, it is a good idea [...]

It’s common for seniors to be uncertain as to whether they need life insurance. Many seniors have achieved some major financial goals – they’ve paid off the house and sent their children through school. They only require day-to-day living expenses. But they may not realise the financial hardship they could put their spouse or other [...]

All income protection insurance policies have waiting periods. The waiting period is the time between being declared unable to work and receiving your first insurance payment. When you sign up for an income protection plan you decide how long you wish the waiting period to be (it usually ranges from two weeks to two years). [...]

This report has been written as a general comparison between the Income Protection provided by Australian Super and that available through a Direct Retail Policy. It has used readily available resources in the analysis such as Product Disclosure Statements, and looks at the key differences between the policies. The core variances identified are the very [...]

Our ability to work and earn a living is regarded as a valuable asset, so having insurance that helps protect our financial assets makes good sense.  With so many different insurance policies available, knowing which type of insurance will meet your needs can be a complicated business. Understanding what kind of cover you’re really getting [...]

Income protection insurance can provide you with up to 75 percent of your normal income if you are injured or ill and are unable to work. It can be a real saviour in times of need. Unless you are a believer in tarot, a practising astrologer, a seer with the power of foresight, then you [...]