Never miss out on our latest insights

Subscribe to our newsletter and stay updated. Claim your opportunity for a better financial future.

Life Insurance

A common misconception about insurance is that you only have to take out a policy once and forget about it. And while that certainly is an option, it could expose you to the risk of slipping through gaps in your insurance coverage that you didn't account for. In contrast, making an effort to frequently review your insurance policies allows you to evaluate whether your present coverage is sufficient or if other insurance products cater to your evolving needs. This ensures that both you and your loved ones are adequately protected if the worst were to occur. With that in mind,..
While several variables help determine the cost of your life insurance policy, perhaps none has a bigger effect than age.  This post examines the factors that influence life insurance cost by age and why this is the case. How do life insurance rates by age in AU work? Life insurance rates refer to the cost of a life insurance policy. Life insurance rates are mainly determined by two factors:       Your personal circumstances       The type of premiums you opt for The personal circumstances that determine your life insurance rates include:   Age: quite simply, the..
Life insurance is a contract between an insurer and you. It promises to give a certain amount of money to someone you choose after you die. Life insurance is an effective and popular way to provide your loved ones with financial protection after you're gone. Life insurance payout can help your beneficiary with immediate expenses after your death. These expenses may include funeral costs and medical bills. Additionally, life insurance can also cover ongoing financial responsibilities. This includes rent or mortgage payments as well as daily living expenses. It can also cover ongoing financial responsibilities like rent or mortgage payments..
When first hearing about the idea of income protection insurance, many people wonder how it differs from life insurance. Subsequently, individuals who already have a life insurance policy question whether they also need an income protection policy. In most cases, the answer to that would be a yes. This is because the primary purpose of taking out life insurance is, in general, to protect your loved ones in the event of your premature death - as they are financially dependent on you. Whereas, conversely, income protection insurance is typically taken out to protect your own ability to earn an income,..