Default Income Protection for MySuper

During Sydney’s AIA Australian Group Insurance Summit, result of polled 32 executives from 26 retail and industry funds and related consultancies was disclosed. It showed that over 50% of Australian superannuation funds will offer default income protection for MySuper. Representatives from BT Financial Group, REST Industry Super, Rice Warner Actuaries and Chant West responded differently…

Life Insurance and Income Protection – Frequently Asked Questions

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,…

Do’s & Dont’s When Buying Income Protection Insurance.

You’ve got recommendations from colleagues and friends, you’ve read quite a good reviews for Insurance providers, you’ve got choices, now you’re confused than ever over which Income Protection Insurance to buy. So, how do you make the process easier? Pick the one that you’ve come across simply because it offers the cheapest rates? That’s definitely…