As a professional, you probably enjoy a good income and a comfortable standard of living. Many professionals have worked hard to attain the right qualifications and experience to allow them to earn a reasonable income and to work in an occupation that interests them. However, have you considered how your family would manage if you…
Not all insurance companies are created equal as the recent announcement of TAL (formerly Tower) as the 2011 winner of the Plan for Life/AFA Life company of the year award demonstrates. This is the second year running that TAL has taken this prestigious award after a thorough evaluation process which also takes into consideration feedback…
An exciting new product range has just been released by Asteron Life. These new products cover income protection, trauma protection and life insurance products and offer increased flexibility and added benefits for new and existing customers. One of the main changes to Asteron Life’s income protection products is the introduction of a new, three tiered…
MLC has recently announced a number of upgrades and enhancements to their life and income protection insurance products. With five attractive new features including a 12 month life insurance buy back option, these improvements are seen as the fulfilment of a commitment by MLC in October 2011 to regularly upgrade their offers. The new enhancements…
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…
Life and TPD insurance are both designed to offer financial protection to dependents in the event of a policyholder’s death or permanent disability. When choosing a life or TPD policy, the array of products and features can be extremely confusing, so it is important to get professional advice when you are choosing a policy. Finding…
The majority of businesses will have at least one or two staff members without whom the business would suffer, and it is important to protect against their loss just like you would any other asset. Key person insurance is designed to do just that. Key person insurance is a type of insurance that compensates you…
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…
Self-managed super funds (SMSFs) give people more control over their superannuation, and they can also hold personal insurance policies such as life insurance, total and permanent disability (TPD) insurance, and income protection insurance. There may be several advantages of purchasing life insurance through your SMSF, but there are also some drawbacks you may not have…