Whether you are just starting out or have been working as a tradesperson for years, you can never underestimate the importance of insurance. It is essential for tradies to have some form of insurance to help protect themselves against being left financially vulnerable in the face of an unexpected event such as an accident, illness…
An amendment to the Exposure Draft Superannuation Legislation was released by the government in December 2011. Known as the Exposure Draft Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) Bill 2012, this amendment added a number of covenants to the existing legislation document and increased the scope of obligations for trustees and licensees of superannuation…
Self-managed super funds (SMSFs) give people more control over their superannuation, and they can also hold personal insurance policies such as life insurance, total and permanent disability (TPD) insurance, and income protection insurance. There may be several advantages of purchasing life insurance through your SMSF, but there are also some drawbacks you may not have…
Making a personal insurance claim usually means that something unfortunate – often traumatic – has happened. Going through the claims process after suffering a severe injury or being struck by a debilitating illness can be a distressing time, which is why it’s vital to have a reliable insurance advisor to help you through the often…
There are a number of personal insurance options that are available to financially protect you and your family should the unthinkable occur. Several of these come under the umbrella of life insurance, which provides financial compensation in the event of death or the diagnosis of a terminal medical condition. Term Life Insurance Life insurance is…
Purchasing your insurance through a self-managed super fund (SMSF) may have a number of advantages over having it in your personal name. These include tax deductions on life insurance and total and permanent disability (TPD) insurance as well as improved cash flow due to the fact that your insurance premiums are being paid by your…
