Life Insurance – Should You Go for the Lowest Premiums? When you shop for Life Insurance it can be quite tempting to buy the policy with the lowest premium. However, this may not be the best move as lowest premium does not always mean the best deal. Yes, you may enjoy savings now, but later…
Some people have second thoughts about protecting themselves with Life Insurance and Income Protection as they find them unnecessary, only to realise later on that it can provide them and their families with the financial assistance that they need. Life Insurance and Income Protection are two of the most common types of insurance. Sickness, accident,…
Are you the sole breadwinner in the family? If yes, did it ever occur to you how your family would survive if you were unable to work? This may not happen in the near future, but it pays to be prepared so that this will not catch you by surprise. In fact, in Australia alone,…
Why do people need to take out Income Protection insurance? It’s simple! It’s to ensure that you protect your income which services your commitments and maintains your living standards. You protect your house, your car, by having insurance coverage, but don’t you realise, that without protecting your income, any of this will not be possible?…
Do you know how much health care will cost you these days? It’s becoming increasingly expensive especially if you are admitted into a private hospital. And if you are not covered by Personal Insurance, how do you think you’ll be able to pay for medication and other hospitalization costs? Your emergency fund will sure be…
No one can really tell when sickness or accident may strike, that’s why it makes a lot of sense to have Accident and Sickness insurance coverage of some sort. Although Life Insurance can also fit the bill, usually this is not enough to cover lost income of the policyholder due to an inability to work.…
