According to the Financial Services Council (FSC), around 3.4 million Australians lack adequate income protection (IP) coverage[1], a critical componence of life insurance. Income protection replaces part of your income (typically up to 70%) if you’re unable to work due to illness or injury. It helps to cover living expenses like rent, mortgage, groceries and […]
What is Critical Illness insurance?
Rising insurance premiums over the last few years have encouraged many of our clients to reassess their insurance needs. This includes looking at the different types of cover, what they provide for, and whether they suit your needs and budget. Many insurance policies include Trauma cover – but what exactly is it, and what does […]
What is Life Insurance and what does it cover?
I don’t meet many people that like paying for insurance, but being insured provides a level of comfort in knowing that should something nasty occur, you have transferred the financial risk of an unforeseen event to a third party. So what is life insurance and what exactly does it cover? Take a moment to ask […]