When it comes to life insurance, many Australians are misinformed due to a number of myths that pass for “wisdom” in some circles. Unfortunately, many Australians buy into these myths and leave themselves and their families woefully underinsured or not insured at all. Here are seven myths about life insurance. “I am Too Young and…
Have you ever stopped to think of what would happen if you suddenly had no income for three months? Six months? If the answer to this question disturbs you, it’s time to learn about income protection insurance. Income protection insurance pays you if you are unable to work for an extended period of time. This…
Recently, a reputable financial firm surveyed over 2,000 Australian adults about their attitudes concerning investment, debt and savings. The online poll was taken toward the end of 2013 and involved household decision-makers between the ages of 18 and 65. Age, gender and location were all taken into consideration when compiling the results. The report is…
Disability Insurance, usually sold as “Total and Permanent Disability Insurance,” is designed to relieve financial pressure in case you become permanently disabled as the result of illness or injury. It usually comes in the form of a lump sum and is used to pay for such things as living expenses, debts and medical expenses. It…
Everyone knows about life insurance. Many people know about total and permanent disability cover. Some even know all about income protection cover. But one kind of insurance that often slips between the cracks is trauma insurance. In the insurance industry, trauma insurance is a relative newcomer, having been in existence for around thirty years. But…
