HIV+ applicants have previously been only able to obtain accidental death coverage, however full life insurance coverage is now available, providing options to protect wealth and families. Certain conditions are required to be met, however this marks a major improvement in the Australian Life Insurance market.
TAL (formerly Tower Life) has provided its sixth upgrade to its Accelerated Protection Insurance since its launched in 2009. TAL has made a number of upgrades to its policies, with …
Life Insurance Glossary We have listed a range of common life insurance terms. Terms may vary slightly between individual insurers and may change over time. All efforts have been made …
Trauma Insurance is a lump sum cover that pays on a listed critical illnesses including, Heart Attack, Cancer and Stroke. Trauma Insurance policies vary significantly and comprehensive policies should be sought.
Total and Permanent Disablement Cover (TPD Insurance) pays lump sum on a medically diagnosed event that renders the person insured unable to ever work in an occupation again.
Life insurance is one of the simplest policies available. Life Insurance provides a lump sum benefit on the death of a person to the nominated beneficiary. Do you understand life insurance?
What is the Double TPD/Trauma Option and how does it work? The ‘Double’ option can provide immediate reinstatement of life insurance when bundled with TPD Insurance or Trauma Insurance after a claim with life insurance premiums waived for the life of the policy!
Life Insurance Buy Back is a low cost option to ensure that the value of a bundled life insurance policy is maintained after a TPD or Trauma Insurance claim. Some life insurance companies offer this option at no cost!
Bundled Life Insurance policies although cheaper than Stand Alone Life Insurance, offers a significantly different level of cover. Opting to have future TPD and Trauma claims deducted from your life insurance may leave you without cover when you need it most!
What are the top life insurance myths that we hear? We hear from alot of people, and we have collated our top 5 insurance myths. Have a myth of your own or not quite sure on a fact? Comment with your life insurance myth!