Why it pays to review your insurance cover
Your life insurance is flexible and can be adapted to your changing needs. Make sure you have a cover review with your adviser every 12-18 months to ensure you’re covered for just the right amount, paying the right amount, and getting the best value from your policy. Every 12-18 months, make sure you ask yourself, […]
Your insurance is designed to be flexible
As your life changes and your responsibilities expand, your life insurance should expand with it. And if you’re thinking that sounds like a lot of effort, think again. Most policies allow you to increase your cover without any medical checks or complicated forms when major life events occur, like having a child or increasing your […]
The cost of a comfortable retirement just went up
How much do you need to live comfortably in retirement? A little more than last year, the latest figures show. Whether you’ve already retired, or it’s getting close, make sure your finances are in the best possible shape so you can rest easy and enjoy your second half. If you’re contemplating retirement any time soon, […]
Major Aged Care Changes
New Aged Care Bill introduced The Government has introduced new Aged Care legislation to Parliament today. The new legislation includes major changes to both Home Care and Residential Aged Care including fees and charges. The new Aged Care Bill 2024 implements various recommendations made by the Royal Commission into Aged Care Quality and Safety, and […]
Do life insurers really pay claims?
There’s a common perception that life insurance companies will do everything they can to avoid paying claims. In fact, 92% of all life insurance claims are paid in the first instance¹. As long as you fulfil your duty of disclosure when you apply for cover, and you’re covered for the medical condition you’re claiming for, […]
Ways to buy and own life insurance
Insurance policies can be bought in one of 3 ways: Through a financial adviser Direct from an insurance company, or Held inside your superannuation, which is the case for most Australians No matter where you purchase it from, the core idea is the same: if something happens to you that is covered in your policy […]
Know the difference between stepped and level premiums
Life insurance premiums are predominantly based on the risk of certain events happening to you. Because health risks increase with age, life insurance premiums will generally increase over time. That’s why most insurers offer two common ways of paying for, and managing, the costs of your cover over time: Stepped premiums: when the cost of […]
4 key factors impact your insurance premium
Ever wondered how insurers work out the cost of your life insurance? There are many factors that can impact the premium you pay, but there are 4 factors in particular you need to be aware of. Your personal risks Dangerous occupations can attract a higher base rate for your insurance, even before any loadings are […]
Why life insurance premiums can increase
Some important things you need to know As the world changes, having certainty about your cover has never been more important. From OnePath Life’s research, customers said they found Life Insurance: Complicated Something we do not like to think about One of life’s many expenses. For this reason, I’m reaching out to you to help […]
As the world changes, we’re here to support you
As your financial advisor, we want to ensure you have certainty in your life insurance, especially during these uncertain times. Making sure your plans match your situationWith the world changing around us, so to do our needs, making it an ideal time to ensure to review you’re protecting what matters and ensuring it fits with […]
