If you and your family rely mainly on your income to pay for your monthly expenses, how do you think everyone will cope in case you become incapable of work for a few weeks because of sickness or accidental injuries? Medical expenses alone can be very expensive, so where else can you turn to in…
Are you setting aside the idea of buying cheap life insurance simply because you’re single? If yes, then you’re on the same boat as others, as most people believe that life insurance is primarily designed for those with families. But this is actually far from true since single people like you can also benefit a…
Zurich Financial Services Australia has long been regarded as an income protection insurance provider of the highest order, as evidenced by its string of national awards. In 2011, Zurich received the Review Smartinvestor Blue Ribbon Award and the Canstar Cannex Outstanding Value award for its Term Life and Total and Permanent Disability (TPD) product. Zurich…
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…
Whole of life insurance was once the norm in Australia but this type of insurance has been replaced with Term Life Insurance. Historically, whole of life insurance was permanent life cover that held a cash value that you could surrender or cancel at any point during your policy and receive a cash payment. In the…
Life insurance and income protection insurance for the Mining Industry is often thought of as too risky and difficult to obtain the required cover for the various occupations within the industry. Australian Life insurance providers may have declined cover for the mining industry in the past, despite the fact that in 1994, a study into…
These days you can find insurance to cover almost any situation, your home, car, health, life, TPD and trauma. Most people will be familiar with these types of insurance, and some might even have several of these insurance policies in place. They each have their benefits as well as limitations when it comes to the…
A recent global study conducted by MetLife, into the financial concerns, needs, habits and expectations of employees in Australia, Brazil, India, Mexico and the UK found that more than half of the Australian workers surveyed, the major concern is having enough money to pay household bills in the event of sudden income loss. Yet few…
Our ability to work and earn a living is regarded as a valuable asset, so having insurance that helps protect our financial assets makes good sense. With so many different insurance policies available, knowing which type of insurance will meet your needs can be a complicated business. Understanding what kind of cover you’re really getting…
Income protection insurance provides you with a replacement income if you are unable to work because of an injury or illness. Income protection insurance can also provide you with assistance when you’re ready to go back to work. Typically income protection pays a monthly benefit of up to 75% of your income while you are…