As the sole earner or as a contributing earner in a family, life insurance is important. Family members may suffer financially in the event the earner meets an untimely death. The financial burdens to take care of can be tough. Ensuring that there is financial security in place will help keep the family from economic [...]

Life Insurance – Should You Go for the Lowest Premiums? When you shop for Life Insurance it can be quite tempting to buy the policy with the lowest premium.  However, this may not be the best move as lowest premium does not always mean the best deal. Yes, you may enjoy savings now, but later [...]

Life Insurance is something that you should never take for granted. Yes, the premiums that you have to pay for a policy may be an added expense to you, but if you think about the benefits that you get from getting coverage, you’ll think otherwise and realise its a valuable investment. You see, no one [...]

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 [...]

A draft version of the latest guidelines for MySuper legislation was released this week. The guidelines detail recommendations for a number of aspects of insurance and intra-fund advice, including clarification of commissions and payments for advisors, particularly in the field of group insurance. In the area of insurance, according to the new guidelines, MySuper trustees [...]

The death of a loved one or diagnosis of a terminal illness is an extremely difficult time and in recognition of the emotional stress families are under at this time, OnePath has introduced a grief care program to help support their clients through the grieving process. The grief care program provides face to face counselling [...]

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 [...]

According to a recent Harris Interactive poll, 91% of life insurance policy holders have spoken to their beneficiaries about their policy. However, 57% of them have not told their beneficiaries where the policy is located, which could pose potential problems when a claim needs to be filed. If you currently own a life insurance policy [...]

The future of income protection and life insurance is that it’s going to be more accessible, flexible and with an increased online presence if the results of the recent Advisor Choice Risk Awards are anything to go by. At the awards the top insurance companies were rewarded for their efforts in providing excellent service. Many [...]

It is a popular misconception that life insurance is only for the family’s main income earner.  When most people think about life insurance, they think of it as a means of protecting non working spouses and children from the sudden loss of income of the family breadwinner.  Most people do not automatically associate life insurance [...]