CCA Financial Planners

Income Protection Insurance and the Mining Industry

Income Protection InsuranceBy Christopher Cachia 19.09.11 Leave a comment

In recent years the mining industry has experienced rapid growth and an influx of workers attracted to the high salaries and benefits that a mining occupation offers. With excellent income at their disposal, many mining industry employees find they have good borrowing capacity when it comes to purchasing a home and vehicle, and that they’re…

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Without income protection insurance you cannot afford to live!

Income Protection InsuranceBy Christopher Cachia 02.09.11 Leave a comment

Income protection insurance is perhaps the most practical and relevant type of insurance cover for every worker. Life insurance indemnifies the beneficiary only upon the death of the insured. But what if the insured is still alive but incapacitated? Unemployment due to sickness or injury causes extreme hardship. A worker’s loss of income due to…

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Australian Super Income Protection Insurance vs Retail Income Protection Insurance

Income Protection InsuranceBy Christopher Cachia 02.09.11 Leave a comment

This report has been written as a general comparison between the Income Protection provided by Australian Super and that available through a Direct Retail Policy. It has used readily available resources in the analysis such as Product Disclosure Statements, and looks at the key differences between the policies. The core variances identified are the very…

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Life Insurance The Real Cost To Australians

UncategorizedBy Christopher Cachia 08.08.11 Leave a comment

A majority of Australians are significantly underinsured, with only 55 per cent of adult Australians having some form of life insurance; leaving a further 7 million adult Australians with no life insurance cover at all. Research shows that 60% of Australian families with dependents will run out of money within 12 months if the main…

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Trauma or Critical Illness Insurance Your Safe Bet Against Serious Illness

UncategorizedBy Christopher Cachia 08.08.11 Leave a comment

Your health is your greatest asset, but the older you become the higher the risk of suffering a critical illness. It’s an unfortunate reality that you or someone close to you will be seriously ill at some stage in life. Take a look at the following critical illness statistics and you might rethink the often-quoted…

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Short Term Disability Income Protection Insurance

Finance, Income Protection Insurance, UncategorizedBy Christopher Cachia 27.07.11 Leave a comment

Getting hurt is no fun, especially when your injury disables you to the point where you’re unable to work. Sure you may be covered by Worker’s Compensation if you suffer an accident in the workplace, but what if you are injured or become ill outside of work? Again your employer may provide sick leave benefits…

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