Insurance is a very important aspect of life. At Rate Detective we provide you with informative articles from the world of insurance.
If you have been considering taking out Income Protection Insurance, then now is the ideal time to set this up.
The end of the financial year is fast approaching and all policies taken out before the end of June will be able to receive a tax reduction.
It has taken 100 years to finally realise that looking after children and doing housework is valued.
Australian mums are now able to receive $900 a week for housework to pay someone to do their cleaning, cooking, laundry, shopping and child care in the event of them being injured or taking ill - thanks to Million Dollar Woman Insurance.
When times are tough families need to consider their personal insurance before insuring their homes. Statistics has shown that workers are 200 times more likely to be out of work due to illness or accident than to have a house fire. Statistics have also shown that only 20% of workers have income protection.
It is not always the best idea to buy Insurance Direct, as to determine how much and what type of life insurance to buy is one of the most important financial decisions you will ever make, it is also one of the most complicated.
Australia is a country where sport plays a very important part, and it is therefore not surprising that Income Protection Insurance has become available to sports players.
New market data shows that overall life insurance premium inflows continued to demonstrate very healthy growth up by yet another 13.4% year on year basis and reached almost $9.2bn.
Salary Continuance and Income Protection Insurance can provide you with an income if you are unable to work due to sickness or accident. Many policies will cover up to 75% of your salary.
There are many myths which may prevent Australians from accessing the benefits of life insurance. Below is a quick guide of 4 most common life insurance myths and facts.
According to recent research by Suncorp Life Insurance - 40 is statistically the most dangerous year of your life, thus it may be a good time to update your life insurance.
Before you purchase Income Protection Insurance it is imperative that you have adequate information and fully understand all the significant provisions, and carefully consider the cost of premiums and the total insurance you could derive.