With the removal of 'whole life' insurance policies from the Australian market some time ago, life insurance has been simpler than ever. The remaining option, term life insurance, works in exactly the same way as any other insurance product. You pay a premium, the insurance company gives you a list of covered events and if one of them happens, you can claim the listed amount. This also applies to trauma insurance and TPD insurance...more
Yoga has had a profound impact on human mortals since time immemorial. This five thousand years old phenomenon has been at the heart of the Indian civilization through the ages. Thousands of people worldwide are now practicing this beautiful phenomenon to enjoy a blissful and healthy life. There are many benefits which come out by the regular practice of Yoga. Yoga is derived from the Sanskrit word "Yuj" which means "union" or "to...more
4 Important Issues in Renewing Your Life Insurance Policy Life insuranceAfter all the heavy decisions and intricate calculations that went into taking out a life insurance policy, renewing one seems like the most natural thing in the world! However, there are still some important issues that can come up around renewal time. Here we look at 4 of those issues, and what you need to know about them. Did you receive a renewal notice? If your life insurance company doesn't send you a renewal notice, ensure you contact them to confirm all is still okay. Did you pay your renewal on time?If you don't pay your renewal on time, some companies will require that you be re-assessed for a new policy. Therefore make sure you pay your premiums on the due date. Has your situation changed since you took out the policy?Policies in Australia are generally guaranteed renewable , therefore you will not need to inform your life company if there are any changes in your health, if this is not the case make sure you notify your life company of any changes in your health. Do you need more or less life insurance? Have you recently taken out a mortgage, upgraded your home, had another child, or has...more
4 Important Things To Consider While Taking A Mortgage Life Insurance With mortgage life insurance your family will not have to worry about paying for the house when you die. You need to know what a mortgage life insurance is, its types, benefits, and its drawbacks, to make the best decision for the future benefit of your family. You may...more
4 Distinctive Characteristics between Term Life and Whole Life Insurance The investment component of whole life insurance, the way each kind of insurance deals with their clients' different needs, their coverage periods, and the way their costs vary are the things that term life insurance and whole life insurance differ from one other.There...more
30 Year Term Life Insurance Premiums Are Surprisingly Low The 30 year term life insurance premiums are quite low when you take into consideration what can be accomplished when you buy this policy. As most people know the longer your policy is built to last the higher the premium.If you buy a 20 year level term policy at age 30 it will cost less than if you buy a level 30 year term policy at the same age. When you consider the fact that the 30 year policy lasts 10 years longer the difference in premium is not that much. It may be wise to buy the longer lasting policy if you are likely to need life insurance coverage for a long period of time.Why would you even consider a term policy that you can keep that long. Let us take a look at some of the types of situations that would prompt a need for this type of coverage.NewlywedYou are a young person that just recently took on the responsibilities brought about by marriage. It is important that you guarantee that your spouse maintains the same standard of living you both now enjoy even if you are not here. You want her to live in the same house if she so chooses or you may want her to have sufficient cash to buy the type of home...more
There are numerous benefits of life insurance. Like other insurance products, it does not only facilitate wealth creation but also give the policyholder's family and dependents a sense of security. Term and whole life insurances are the two life...more
The price tags, coverage periods, the investment component of whole life insurance and the different kinds of needs each insurance addresses are the significant differences between term life insurance and whole life insurance.Life insurance offers...more
When One Truffle Just Isn't Enough: Christmas Gift Ideas for the Chocoholic in Your Life Do you know someone who was never seen a piece of chocolate they didn't like? Is this person on your Christmas gift list? If so, take a cue from...more
4 Valuable Factors To Learn About Life Insurance Leads Some of the things you need to learn about life insurance leads are that life insurance leads generated through direct mail have an increasing success rate, the telemarketing...more
"Life - Insurance - Quotes" With the past decade, everyone knows the vital importance of a Life Insurance but what we don't give much importance to is the initial process before signing up the deal. This process determines...more
Buying life insurance is a financial decision that shouldn't be taken lightly. If you do your research and go into policy selection with both eyes open, you can find an affordable life insurance premium with the coverage that you and your family need...more