The topic of discussion is life insurance sector in Australia. It has been a success story to what the situation was a couple of years ago when a large part of the total population was left out. It was a shocking piece of information. There was an urgent need for drastic actions to be taken…
Mortgage protection is a term that is often confused with mortgage insurance. The latter protects the lender if you should default on your payments for any reason.
There are many different kinds of insurance and accident and sickness insurance is one of them. Every insurance company has policies that cover accident and sickness.
If you have trauma insurance and you suffer from a major illness you will be paid a lump sum upon diagnosis of the illness.
More people these days are seeing the need to have adequate income protection cover, but not all bother to do the right kind of research to ensure they get the best fit for their needs. Certainly, you do need to look at the premiums, but there is more to income protection than that. You can…
It is often found that people spend too much of time and money looking for the right life insurance plan. This has been the story so far. There could be ten different reasons for it. It is highly possible that a lack of knowledge on the subject was the primary reason or we were simply…
Most companies in Australia provide various policies under different name. A simple family cover life insurance would be given a creative line so as to attract more customers. The approach of all these companies is the same. These are different marketing strategies. Most often the family protect cover policy would be the simplest way to…
This note compares the experience in the US today with that in Australia in the early 1990s when it was recovering from a similar financial crisis and major recession. The key points are as follows: – Shares normally go through a tough patch in the second year following a bear market low. This can reflect…
This note looks at whether shares are expensive or cheap and how they compare to alternatives such as government bonds and Australian bank term deposits. The key points are as follows: – Shares are cheap using forward pricing to earnings ratios and when comparing the level of the dividend yield to the bond yield. Thanks…
Do remember to take along someone who knows the Life Insurance system quite well before applying at any company. Most Life Insurance companies in Australia will always have an insurance advisor who does the needful. However, if you are still someone who becomes panicky at the thought of paying premiums then we suggest you tag…