Insurance

4.6 million Aussies make this expensive health mistake

4.6 million Aussies make this expensive health mistake

Australians are being urged to reassess the cost of their health insurance amid new data finding two in five Aussies have made no moves to save money on their policy. With 11.3 million Australians who have private health cover, that means 4.6 million people could make a potential saving on their health insurance policy. The…
Read More
5 things to do before private health insurance premiums hike on 1 April

5 things to do before private health insurance premiums hike on 1 April

With health insurance premiums set to increase by an average of 2.74 per cent on 1 April, now is a good time to find out if you’re getting your money’s worth with your current health insurance policy. In some cases, premium increases could add an extra $112 on to your policy per year. Before the…
Read More
PI Insurance Hard Cycle

We are in a “hard cycle” for PI insurance

The PI insurance market is now in a “hard cycle”. We talk with Ryan Neary who looks at why this is the case including the results of a recent review undertaken by Lloyds syndicates in London. You can view the full conversation by Clicking Here.
Read More
Life insurance Core supplementary provisions

Life insurance: Core & supplementary provisions

Thinking about your own mortality can be daunting and confronting as it’s often far removed from the expectations of how you see your life panning out, i.e. living to a ripe old age. However, take a moment to consider, if you were to pass away unexpectedly, would you be leaving behind financially dependent loved ones?…
Read More
Is private health insurance worth the price tag

Is private health insurance worth the price tag?

Private health insurance premiums are set to rise yet again on April 1st, this time by an average of 2.92 per cent. While it is the lowest increase in years, there’s no doubting that it still hurts the old hip pocket. Especially when you consider that premiums have risen by a staggering 61 per cent…
Read More
Trauma Insurance Facts Figures

Trauma Insurance – Facts & Figures

Most people wouldn’t dream of driving without car insurance, or living in a house without home and contents insurance, so it is remarkable that the majority of Australians do not think about protecting their families through life insurance, in the event of death, accident or illness.   With the incidence of cancer increasing year on…
Read More
The prevalence incidence risk and cost burden of ill health

The prevalence, incidence, risk and cost burden of ill health

When accumulating wealth and funding your cost of living during your working years, one of your biggest resources is your capacity to earn an income, either through employment or self-employment. When you are fit and healthy, you may sometimes take your financial and physical/mental health for granted. Or, in general, you may hold a more permanent ‘it’ll be…
Read More
Consumer payments behaviour How do you compare

Consumer payments behaviour: How do you compare?

Every three years, the RBA conducts a Consumer Payments Survey. Importantly, the results from this survey provide a snapshot of how we make consumer payments (and how this has changed over time). Below are just a small selection of the many interesting emerging trends that have been identified in the most recent survey*. How do…
Read More
Life Insurance Claim story scaled

Life Insurance Claim story

Life Insurance Claim example…Do insurers pay? Just ask Geoff – a claimant’s story: Geoff and his adviser’s real name have not been used to protect their privacy. Geoff thought the world was at his feet as he prepared himself for retirement, until he was diagnosed with a life-threatening illness. The following is an extract from…
Read More