Various insurance companies are now gearing up to push income protection as governments of Victoria, Queensland, and New South Wales are looking to cut workers’ compensation schemes. Lots of workers in Australia are not covered by this because they believe that their state government’s workers’ compensation scheme is enough to provide them with financial…
Elevate insurance enhancements offer flexible and accessible insurance solutions. Flexibility and accessibility are two important factors that make life insurance solutions work and this is what is made available to our clients through enhanced insurance solutions. Mining Industry – Income protection – Extended benefit period for certain mining jobs – Increased maximum monthly benefit amount…
Asteron Life Complete Income Protection Plus was recently awarded a perfect score of 100 by IRESS, the only product in the market to receive such a high rating. A number of factors contributed to this score, including the flexibility of Asteron Life’s income protection products and a few additional features and benefits that set them…
As a professional, you probably enjoy a good income and a comfortable standard of living. Many professionals have worked hard to attain the right qualifications and experience to allow them to earn a reasonable income and to work in an occupation that interests them. However, have you considered how your family would manage if you…
An exciting new product range has just been released by Asteron Life. These new products cover income protection, trauma protection and life insurance products and offer increased flexibility and added benefits for new and existing customers. One of the main changes to Asteron Life’s income protection products is the introduction of a new, three tiered…
Asteron life has recently announced a number of upgrades to their income protection insurance product. Previously known as “Asteron Lifeguard,” the updated portfolio will be known as “Asteron Life Complete” and includes revisions to their disability definition and the implementation of a three tiered approach to disability claims. Under the new policy there will be…
Although income protection insurance is highly advisable for working parents and anybody else who has others depending on their income, the cost of premiums can be off putting to some. Many people forgo valuable financial protection because they assume they can’t afford income protection insurance but there are products available that are designed with affordability…
When it comes to income protection insurance, many people assume that the income protection provided by their super fund will be sufficient and they don’t need to take out an additional policy. Although industry super funds such as C Bus Super do offer income protection as part of their super, it is a good idea…
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…