Moving to Australia 2024: Can You Get Life Insurance for Non-Residents
Something you might not have considered when planning to move to Australia is your life cover and income protection insurance.
Russell Cain
Russell is the founder and CEO of Life Insurance Direct and has been quoted in The Sydney Morning Herald, The Age, Independent Financial Adviser, Risk Adviser, Adviservoice, and Insurancenews. Russell has over 15 years’ experience in the Australian life insurance & financial services sector and is instrumental in driving the latest innovations in our insuretech platform.
Choosing Your Preferred Income Protection Waiting Period
Selecting an income protection waiting period is an important step in securing your and your family’s financial future. The length of time between being unable to work because of illness or injury and receiving your income protection benefit is an agreement you make with your insurer. Your choice can impact several aspects of your policy, including the premium you pay.
Should I Have Income Protection Through Super: The Pros and Cons
Imagine facing a sudden illness or injury and losing your income overnight. The crucial decision of whether to have income protection inside or outside super can make all the difference. Inside super, your premiums may be more affordable, but outside super, you could secure more comprehensive coverage. Your peace of mind and financial future hinge on making the right choice.
Sickness and Accident Insurance vs Income Protection Insurance
If you have an existing personal sickness and accident insurance policies, you might be wondering about the differences between this type of cover and income protection insurance policies.
Compare the Best Personal Accident Insurance in Australia 2023
If you’re self-employed or a contractor you might not be covered under workers compensation, and with no sick leave to fall back on, it is your responsibility to protect your income.
Find the Right Keyman Insurance to Protect Your Business from Loss
When a key person, such as a business partner, key employee or owner is unable to work or passes away, it affects business profits, revenue and expenses, and might even influence the business’s ability to attract new customers. Keyman insurance protects the company against the possible costs associated with the loss of a person, who is essential to the business.
Dangerous Pastimes and Extreme Sports Insurance in Australia
With sport, risk is about the probability of physical danger. For life insurance companies, extreme sports carry with it a very high likelihood that something will go wrong, with an increased chance of death as the outcome.
How Can I Cancel My Life Insurance Policy?
People cancel their life insurance policy for various reasons, for example you might be getting divorce, or your premiums have become too expensive, or your life has changed so dramatically that you need a completely new type of insurance policy.
Cancelling your life insurance policy in 2025
There are several reasons why you may wish to cancel your life insurance policy. You might be coming out of a long-term relationship, or you could be looking for a more affordable option.