Income protection insurance can provide you with up to 75 percent of your normal income if you are injured or ill and are unable to work. It can be a real saviour in times of need. Unless you are a believer in tarot, a practising astrologer, a seer with the power of foresight, then you…
In any field of study, the basic meaning of insurance is risk management policy that is taken by the people in order to reduce the uncertainties at the time of the real risk. The parties involved in insurance are the insurer (generally a company) and the insured (an individual) The Australian market related to the…
Getting your life insured is one of the first and foremost task for a living person since a person never knows about the future but keeping it secured is the tagline of life insurance companies. A person pays premiums for life and then after the death of the person the company pays the insurer the…
is a type of management of risk which is used to prevent the risk of the uncertain future. In this, the exchange of payment in the form of money is done to shift the risk from one person or entity to another in case of a loss. In this cycle, the insured, who is also…
Life Insurance is looked at as a basic necessity in this day and age. This is sans any country or region as the whole world seems to be aligning itself to this economic tool. Hedging your risks for unforeseen financial loss is a done thing as people have their money put in various projects at…
Today life has become so unpredictable that no one is sure that what will happen the next moment. This insecurity amongst people has leaded them to take corrective measures as to minimize the risk and uncertainty. One obviously cannot change the future but can try to minimize the risk and damages and one of the…
Life insurance is one of the best financial assets to have. Australia has all the major life insurance agencies working on its land. Its people have been able to cultivate rich dividends by investing in the big corporations. They have a healthy list of insurance packages to buy from. It is a simple calculation to…
Income protection Insurance is must for a salaried class person, where the family is depended upon the salary and there is a serious need to secure it. This insurance covers those people who are not able to continue their job because of any illness or due to any disability. This kind of insurance is done…
Nothing in life is certain and that includes your existence too. People who are working in stress related environment have no guarantee that the income is for a life time. That is when the Income Protection Insurance steps in as a solution for all people who are employed. A prolonged illness or an accident of…
We never give a thought to the unexpected mishaps that may occur to us, sometimes which may affect our financial position at home. Monthly commitments like rents, credit cards, loans etc will get affected if your income will come to a standstill because of any disabilities that may keep the prime earner off work. Income…