Frontline workers looking to purchase life insurance can be assured they won’t be excluded from coverage due to potential or actual exposure to the COVID-19 virus. The Australian Competition and Consumer Commission (ACCC) has granted interim authorisation to the Financial Services Council (FSC) and its members...
What’s the most important insurance to have, according to Australians? If you answered car insurance and home and contents insurance – you’re correct. They’re the only two types of insurance that are considered “essential services” by Australian policyholders, according to the results of a new survey from KPMG. The report, A...
Did you know advised individuals are more likely to be successful when making an insurance claim? Here’s why. Andrew Zbik, a senior financial planner with Creation Wealth, has conceded that insurance “is a complex thing”. “Different insurance policies cover you for different events. The right combination of insurance...
A deep dive into Australian insurance data has revealed the top reasons why Australians make claims against their life insurance, total and permanent disability cover and income protection insurance. It’s life insurance awareness week, and so the Financial Services Council has taken the opportunity to highlight...
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 warehouse-sized rack of spanners in your planning. It makes sense to concentrate on things you can control,...
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 felt this update was important so that you can make an informed decision. What is Income...
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 Australians who are in a financial position to do so, opt to pay a full year’s worth...
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 Australian couple will spend an annual cost of between $4,975 and $9,900 on healthcare once...
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 felt this update was important so that you can make an informed decision. What is Income...
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 Loane said the collection of new life insurance data, an initiative by the FSC with KPMG...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.