Sometimes choosing to do nothing can be good for you - it can even save lives. A paper by Eric Johnson and Daniel Goldstein titled Do Defaults Save Lives? examined the organ donation consent rates across European countries. In the table below you can see there is a significant variation between some of them. Why do … Continue reading When Choosing to Do Nothing is Good For You
Imagine you are out on your morning training ride. There is plenty of traffic passing but it’s no big deal, as you’ve ridden along the same road so many times before. But today a passing truck cuts a little too close and clips your right hand side throwing you into the back of a parked … Continue reading How Life Insurance Saved this Cyclist after a Serious Injury
a) rely on help from other family members b) rely on help from the government c) survive on one income or my wife/husband would go back to work or; d) sell the family home to raise some cash This was the difficult situation faced by a client our our practice some years ago. A reality … Continue reading If I got sick and couldn’t work for 4 years my family would…
In 2012 life insurance claims paid by insurers in Australia totalled $4.4billion. I'm pretty sure that those who received life insurance payments weren't expecting to make a claim. None of us do. But consider what would happen to you or your family if you were to suffer cancer, heart attack a major accident or even … Continue reading Life Insurance – Do the Insurers Really Pay?
In late 2011 we reviewed insurance for one of our clients and added some additional cover that he didn't previously have. In less than 12 months he unfortunately had reason to claim on the cover we had added. Had we not done the review - he wouldn't have had the cover. It has made a … Continue reading When was the Last Time you Reviewed your Life Insurance?
A common question I am asked is "Do life insurers try to avoid paying claims?" Here I discuss the claims process with Chris Zegers, Business Development Manager at Macquarie Life.
Insurance advice is about more than just selling a policy. It provides protection, comfort and can ease the financial concern.
Often you can't get through a commercial break on TV without seeing an ad for life insurance. As a basic no frills, low cost service there is no doubt direct insurers have a place. You need to know what it is you are buying though - exactly what is covered and what isn't. A lot … Continue reading Direct Life Insurance vs Personal Insurance Advice