When it comes to choosing whether to hold personal insurance inside or outside super, both options have pros and cons. Which one is right for you? Benefits of each Insurance inside super Premium payments can be tax effective (although benefits may be taxable) Premiums may be cheaper Often require no medical checks to get automatic cover Can help you stay covered during periods of low cash flow. Insurance outside super Can offer more cover options Policies are typically more f

Being faced with cancer can have a devastating impact on women and their families. That’s why it’s so important to reduce your health risks – and also know how to avoid the financial shock that a cancer diagnosis can bring. October is Breast Cancer Awareness Month, with fundraising activities held across Australia to raise money and awareness to support women affected by breast and gynaecological cancers. It’s also a time for women to reflect on their own lives. For example,

At any stage in life, protecting your savings and the income you receive to fund these savings is critical to the achievement of any of your financial goals. When people think of insurance they often think of protecting their valuable assets, such as car insurance, home and contents insurance or health insurance. Additionally, whether you are young with no mortgage or dependants, have a young family, or established and have been working for a number of years, it is hard to im

If you had to stop working tomorrow, would your family be financially protected? The emotional impact for a family in the event of death, injury, or a serious illness can be devastating, but the burden of having no wealth protection in place can also cause serious financial strain. Unfortunately the constant flow of bills and basic living costs continue to demand attention, and without wealth protection it can be very difficult for a family to make ends meet. What are the top

The most common perception around insurance premiums is that they are too expensive. But is this really the case? Myth #1 “Insurance is too expensive” Think about the sort of money you’d lose if you couldn’t work for a few months, or worse, if you could never work again. Paying insurance premiums is a small price to pay for financial security, and could only set you back as little as one take-away meal per week. For example, a 35-year old female teacher who earns $60,000 p.a