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 [...]

Have you ever wondered what would happen if you suffered a serious injury or illness which meant you were unable to work? For many people, the reality of being without the means of earning an income could mean significant financial hardship for them and their families. As an employee your employer will (or should) have [...]

Are you the sole breadwinner in the family? If yes, did it ever occur to you how your family would survive if you were unable to work? This may not happen in the near future, but it pays to be prepared so that this will not catch you by surprise. In fact, in Australia alone, [...]

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 [...]

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 [...]

  Various insurance companies are now gearing up to push income protection as governments of Victoria, Queensland, and New South Wales are looking to cut workers’ compensation schemes. Lots of workers in Australia are not covered by this because they believe that their state government’s workers’ compensation scheme is enough to provide them with financial [...]

Asteron Life Complete Income Protection Plus was recently awarded a perfect score of 100 by IRESS, the only product in the market to receive such a high rating. A number of factors contributed to this score, including the flexibility of Asteron Life’s income protection products and a few additional features and benefits that set them [...]

Most people wouldn’t consider going without car insurance. Although we don’t expect to have an accident every time we get behind the wheel, we are aware of the possibility and take precautions to protect our vehicle and our finances accordingly. Strangely enough, when it comes to our income, many of us don’t provide ourselves with [...]

Income protection insurance is important no matter what profession you are in. Medical professionals have a few risks unique to their occupation which means that they need to find a policy which is geared to their specific circumstances. Income protection insurance is designed to provide a portion of your regular income in the event that [...]

Asteron life has recently announced a number of upgrades to their income protection insurance product. Previously known as “Asteron Lifeguard,” the updated portfolio will be known as “Asteron Life Complete” and includes revisions to their disability definition and the implementation of a three tiered approach to disability claims. Under the new policy there will be [...]