If you had a machine that gave you $4,000 a month, would you protect it? For many of us, that machine is you. So when talking about the cost of insurance, it is often helpful to think about how much you (and your wage) are worth over the course of your working life.
When Katy Paton bought her new home with her husband, she decided to take the opportunity to look at all her insurance needs. Four months later, the unthinkable happened. She and her family were involved in a serious car accident whilst on holidays in Tasmania.
Income protection is ‘maintain your lifestyle’ insurance. Income protection cover provides a monthly payment to replace your income so you can cover your day-to-day living costs, bills and the mortgage, while you focus on your health.
With the major banks raising rates and tightening loan conditions, you may be questioning the advantages of interest-only loans. Today we have asked our friends at Mortgage Choice Toowoomba to discuss the new rules and how they may affect your loan.
Trauma is ‘get better’ insurance. It provides a lump sum payment on the diagnosis of a serious medical condition to help pay for the best treatment and lifestyle changes, while you focus on healing.
TPD insurance stands for Total & Permanent Disability insurance. TPD insurance is “modify your lifestyle” insurance. It provides a lump sum payment if you unable to return to work due to serious injury or illness. It is designed to assist with medical costs as well help pay for home modifications, long-term care or to take a new path if you can't return to work permanently
Welcome to the next instalment of our COST OF LIVING series, where we explore the cost of living in different cities and towns all around Australia. In this post, we will explore the cost of living in Perth for a family of three.
Life insurance is “help your family” insurance. It provides a lump sum payment upon death (or if you are diagnosed terminally ill) so your family continue to live the lifestyle you've planned together.
“It won’t happen to me”. And if you are lucky, it might not. But many of us will have our lives interrupted by an accident, illness or death. So, if you are not one of the lucky ones, wouldn’t you prefer to be one of the smart ones with insurance to help you and your family with the tough times?