Insurance News
Stepped vs Level Premiums: A Full Comparison
If your life insurance premium just went up again and you're wondering why, the answer usually comes down to one decision you made when you first took out the policy: whether you chose a stepped or level premium structure. It's a choice most people make quickly at...
What Is TPD Insurance? What It Covers and Who Actually Qualifies
Millions of Australians already have TPD insurance and don't realise it. If you're part of a super fund, there's a good chance Total and Permanent Disability (TPD) cover is bundled in automatically, quietly deducted from your balance each month, without you ever...
Can Self-Employed People Get Income Protection? A Guide for Sole Traders, Contractors and Freelancers
If you work for yourself, whether you're a sole trader, running your own contracting business, or freelancing, your income depends entirely on you turning up and doing the work. There's no sick leave to fall back on, no annual leave bank, and no employer safety net if...
TPD versus Income Protection: Which do you need?
‘What if’ is something no one wants to think about. However, planning for the what ifs in life can help protect you, your lifestyle and your family if something does happen to your ability to earn or to support your family. This concern is when people typically start...
Top 6 Reasons To Use An Insurance Broker
When you’re busy running a household, a business, or just trying to stay on top of everyday life, digging through insurance policy documents is probably the last thing you want to do. Yet your income, your family and your assets are too important to leave to guesswork...
Benefits of Using an Insurance Broker Over Going Direct
Needing insurance is a moment most of us face at some point. However, jumping online can leave you flooded with too many options, sifting through policies, exclusions, limits, waiting periods, product fact sheets and unfamiliar terms. It’s no wonder only 1.5% of...
What Is Income Protection Insurance & Do I Need It?
For the 14.5+ million working Australians, the ability to earn an income is their greatest financial asset. more valuable than their car, their home or their super balance. So, losing this potential to work and generate an income can have significant repercussions on...
Income Protection: Inside Or Outside Of Super
Losing the ability to earn an income can quickly run down your savings and cause financial difficulty. However, if this does happen due to serious illness or injury, income protection can pay you a monthly benefit up to 70% of your regular, pre-tax income. The good...
Most Injuries Happen At Home, Not At Work.
The latest injury statistics are a stark reminder that accidents can happen anywhere, but are less likely to happen at work, making it important to hold comprehensive life insurance including Income Protection. Income Protection can offer superior coverage to Workers...
Life Insurance Personal Advice vs General Advice
A lot of enquiries that come through our website aren’t aware of the differences between general insurance advice and personal insurance advice. This article helps break down Life insurance personal advice vs General advice which may help you decide which option is...
MLC removes level premium option for all policies
As of February 3 2024, MLC will be removing the level premium option for all Life, Income Protection, Business expenses, TPD and Trauma policies. Whilst this won’t affect any existing MLC insurance policy owners that currently have level premiums, it gives an idea of...
Trauma Insurance For Prostate Cancer
Prostate Cancer Insurance Cover An estimated 24,500 cases of prostate cancer will be diagnosed in Australia in 2023. Prostate cancer represented 27% of all cancer diagnoses in men in 2022 Around 3,500 Australian men died of prostate cancer in 2022What Is Prostate...
Most common reasons people get declined for Life, TPD, Trauma or Income Protection insurance?
At theinsurancequoter.com.au we regularly receive enquiries from people who have been declined insurance by their superfund/another insurer or have been offered loadings/exclusions. Whilst these are sometimes unavoidable, it’s important to remember that each insurer...
How to Compare Income Protection Quotes To Protect Your Income
We all know how important a reliable income is for keeping our lifestyle afloat. But what happens when something unexpected happens and your income suddenly takes a hit? That's where income protection comes in. Income protection is a type of insurance that helps...
Binding Death Benefit Nominations
Ensuring death benefits are paid to the intended recipient is crucial when structuring your life insurance policy. With modern day family structures, it is increasingly likely there may be multiple people who could potentially claim to the life insurance benefit...