What is Personal Risk Insurance?

By insurancefocus,

Personal risk insurances provide a financial benefit in the event of you suffering a serious injury or illness, or death. They include term life insurance, total & permanent disablement insurance, income protection insurance, and trauma insurance. What is life insurance? Term life insurance pays a lump sum on the death of the insured, or if
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Why transferring financial risk to an insurance company can be a smart decision

By insurancefocus,

Most families are carrying significant financial risk should the unexpected happen. The big question you have to ask yourself is: ‘Would your family be able to maintain their lifestyle if you died?’ If your answer to this question is no, you need to consider transferring that financial risk to an insurance company. Your financial adviser
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Are There Any Exclusions That Apply to Income Protection Insurance?

By insurancefocus,

Life has a way of throwing things at you that you least expect it. In some instances, those could be situations that leave you ill or injured and unable to work. While health insurance coverage will pay for your medications and the like, what will you do about protecting your income in this situation? Income
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Umbrella: Trauma insurance protection

Trauma insurance: For when the worst happens

By insurancefocus,

With the medical advances of today, it’s often possible to survive major health problems like heart attacks, strokes, and cancer – but the financial costs involved are prohibitive. As well as the medical costs, there’s covering the time off work and the costs of rehabilitation. Illness and injury can strike at any age: if the
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Save Money with Life Insurance through Super

The Pros and Cons of Life Insurance through Super

By insurancefocus,

So you’ve decided to get life insurance to protect your family. But you might be worried about paying out monthly premiums without seeing a return on your investment in your lifetime – particularly if your budget is already stretched. Well, there’s an answer: holding your life insurance in your superannuation (retirement savings investment fund). While
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woman happy after arranging life insurance

Seize the day when it comes to arranging life insurance

By insurancefocus,

On average, there is one death in Australia every three minutes and 36 seconds. 1 in 3 women in Australia will be diagnosed with a malignant cancer in their lifetime. 1 in 4 men in Australia will be diagnosed with a malignant cancer in their lifetime. More than 1,600 people die on Australian roads every
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