Thinking about insurance ahead of retirement
Finding the right level of insurance cover is important when you’re thinking about retirement. If retirement’s coming up on your horizon, the impact of COVID-19 (coronavirus) may have thrown a…
The end of Income Protection Insurance as we know it
Recently APRA announced major changes to the structure of Income Protection policies. It will occur in a matter of weeks and is not receiving any publicity in the mainstream media so we…
‘I prepaid my health insurance premium, can I get a refund?’
Many health insurers have postponed their premium increases for at least six months. Q: I paid my health insurance premium way back in February, do I get a refund? Many…
Planning for healthcare costs in retirement
We all hope that when we retire we’ll have the time to focus on being as healthy as possible. But unexpected issues and illnesses arise, with recent research estimating that an…
The end of Income Protection Insurance as we know it
Recently APRA announced major changes to the structure of Income Protection policies. It will occur in a matter of weeks and is not receiving any publicity in the mainstream media so we…
Mental health claims top insurance payouts
The Financial Services Council (FSC) has compiled detailed new data that provides deep insights into the underlying causes of total and permanent disability (TPD) claims in Australia. FSC CEO Sally…
Newstart limitations resulting in lack of access to essential healthcare
Australians living on Newstart are being “economically blocked” from accessing essential healthcare and are suffering from deteriorating levels of wellbeing, argues one not-for-profit. According to cohealth, a Victorian-based NFP community…
Paying for health care in retirement
In retirement, an Australian couple needs from $4,700 to $9,400 a year to pay for health care , according to the Association of Superannuation Funds of Australia, and the average cost of private health insurance rose 4.8 per cent in 2017, far outpacing inflation.
Life insurance: how to get what you need
Protecting you and your family against life’s little, and not so little mishaps is a wise choice. But if you think insurance premiums are expensive, or you’re confused by all…
