Working 8 hours a day, 5 days a week just to earn money can very much take a toll on you. And if you’re not healthy enough, stress may likely lead to an illness, which can render you incapable to work for a certain period. Who will take care of the medical bills – and [...]

Income protection insurance is essential for medical professionals to help them protect their family in the event that they contract an illness or injury which prevents them from working for a significant period of time. Having critical illness benefits on top of your standard income protection insurance could also mean a substantial increase in your [...]

Whether you are just starting out or have been working as a tradesperson for years, you can never underestimate the importance of insurance. It is essential for tradies to have some form of insurance to help protect themselves against being left financially vulnerable in the face of an unexpected event such as an accident, illness [...]

An amendment to the Exposure Draft Superannuation Legislation was released by the government in December 2011. Known as the Exposure Draft Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) Bill 2012, this amendment added a number of covenants to the existing legislation document and increased the scope of obligations for trustees and licensees of superannuation [...]

Income protection insurance is perhaps the most practical and relevant type of insurance cover for every worker. Life insurance indemnifies the beneficiary only upon the death of the insured. But what if the insured is still alive but incapacitated? Unemployment due to sickness or injury causes extreme hardship. A worker’s loss of income due 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 [...]

Getting hurt is no fun, especially when your injury disables you to the point where you’re unable to work. Sure you may be covered by Worker’s Compensation if you suffer an accident in the workplace, but what if you are injured or become ill outside of work?  Again your employer may provide sick leave benefits [...]

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 [...]