With the threat of an increasing unemployment rate, an economy that has slowed down and advancements in technology- it is a real possibility that your role could be made redundant which could leave you financially disadvantaged if you don’t know what options you have available to you.
When you’re young, it can be easy to think of life insurance as a nice-to-have. After all, you’re probably in good health and have more pressing expenses, right? Not quite.
All it takes is one accident or one diagnosis and everything can change – all of a sudden, insurance will become your top priority as this has happened with 2 clients from our office in their early 30’s.
The only trouble is when you’re already hurt or sick, the ideal time to take out insurance has passed.
Here we help you understand how Trauma insurance could help support you and your family, to allow you the financial freedom during the worst of times. This lump-sum payment can help you focus on receiving the best treatment available, pay for rehabilitation, and even cut back your work hours to be able to concentrate on your recovery.
Recent legislative changes have affected the way many Australians are provided with life insurance through superannuation (super). We outline what’s changed so you can understand if you’re likely to be impacted.
When it comes to ‘life admin’, there’s often a lot to keep on top of.
If you’re like many Australians, when it comes to your health insurance, utilities, or even your mobile plan, you tend to leave them in the ‘set and forget’ pile or ‘too hard’ basket.
With life insurance, it’s probably no different. You may already have some form of cover through your super; however, the chances are you haven’t looked at the details too closely.
With the increasing concern of the novel coronavirus (COVID-19) globally, many individuals are being directly impacted both physically and financially. During these circumstances, it is understandable to be unsure of what the future holds. During these unprecedented times, it is important to be ‘alert but not alarmed’.