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 [...]

You’ve got recommendations from colleagues and friends, you’ve read quite a good reviews for Insurance providers, you’ve got choices, now you’re confused than ever over which Income Protection Insurance to buy. So, how do you make the process easier? Pick the one that you’ve come across simply because it offers the cheapest rates? That’s definitely [...]

What’s stopping you from getting a personal insurance coverage? Is it the thought that you think it’s not necessary? Or is it your budget because you’re afraid of high premiums for the coverage that you need? If you are worried about the latter, well fret not because policy premiums indicated in various personal insurance quotes [...]

Are you setting aside the idea of buying cheap life insurance simply because you’re single? If yes, then you’re on the same boat as others, as most people believe that life insurance is primarily designed for those with families. But this is actually far from true since single people like you can also benefit a [...]

There are plenty of advantages to getting as fit and healthy as possible, including increased energy levels, a better functioning immune system and typically, a lower risk of developing a number of long term health problems such as diabetes and cardiovascular disease. Did you also know that improving your health and fitness could lead to [...]

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 [...]

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 [...]

In any field of study, the basic meaning of insurance is risk management policy that is taken by the people in order to reduce the uncertainties at the time of the real risk. The parties involved in insurance are the insurer (generally a company) and the insured (an individual) The Australian market related to the [...]

Getting your life insured is one of the first and foremost task for a living person since a person never knows about the future but keeping it secured is the tagline of life insurance companies. A person pays premiums for life and then after the death of the person the company pays the insurer the [...]

is a type of management of risk which is used to prevent the risk of the uncertain future. In this, the exchange of payment in the form of money is done to shift the risk from one person or entity to another in case of a loss. In this cycle, the insured, who is also [...]