Limited Term Life Insurance is a full life insurance policy that is limited by a set period, usually between 5 years and 15 years. Typically used for business or personal short term purposes or where due to medical history, an insurer can only offer coverage for a limited period of time.
Trauma Insurance is also known as Serious Illness Insurance. Serious Illness Insurance protects against major illnesses like Heart Attack, Cancer and Stroke. Designed to assist cover medical expenses, Serious Illness Insurance provides protection against unforseen medical events.
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 …
Income Protection can be held in Superannuation and is sometime known as Salary Continuance. Income Protection policies inside superannuation vary significantly and superannuation can impact what benefits can be paid. Is holding Income Protection in Superannuation a good idea?
Is Workers Compensation enough to protect a family against illness or injury? Income Protection is sometimes disregarded by employees thinking they are fully covered! There are a number of areas where Income Protection may offer greater coverage!
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?