TAL, one of Australia’s leading Life Insurers and also one of our preferred insurers, has recently published statistics on the breakdown of various illnesses or injuries resulting in Income Protection claims they have paid throughout the past five years. The following charts illustrate this data for males and females up to 65 years of age.
Category Archives: News
19
Jul
Jul
Callers often ask our insurance advisors if it’s possible to buy life insurance for someone else – usually a significant other, a child or a parent. The short answer is: Yes, often you can purchase a policy for someone else!
19
Jun
Jun
Waiting and Qualifying periods are a crucial component of Life Insurance, Trauma Insurance, Income Protection and TPD Insurance policies. Understand when you will and won’t be covered.
08
Jun
Jun
There are a number of different types of life insurance, read on to get a better understanding of how they can protect you.
30
May
May
Most people dread filling out insurance questionnaires or participating in interviews with underwriters. Not only can these tasks be tedious and time-consuming, but exploring how risky your life is can also be quite confronting. Don’t let your aversion to paperwork get in the way of finding a policy that could protect you and your family […]
24
May
May
Benjamin Franklin once said there are only two things certain in life: death and taxes. But what happens when these two certainties meet? If you’ve chosen your life insurance policy wisely, you can shield yourself from the financial impacts of both! Are Life Insurance Pay-Outs Taxed? Fortunately, in Australia life insurance benefits are usually tax-free, leaving terminally […]
16
May
May
There are so many life insurance products on the market that the average person can be forgiven for not knowing the difference between a life insurance policy and mortgage life insurance policy. Despite having similar names, these two products have very significant differences – both in terms of value for money and policy structure. In […]
11
Mar
Mar
When deciding on which life insurance company you should take out cover with, there are a number of factors to consider. In general, every person and their needs are unique and as a result, it is impossible to say that insurance company ‘XYZ’ is the best in the marketplace. There are a number of different ratings and […]
23
Feb
Feb
The decision making process when it comes to evaluating whether or not you need life insurance can be quite complicated and cumbersome. There are many different factors to consider when determining whether or not your family needs the financial security that life insurance offers. Determining how much insurance you and your family needs is something that is […]