Insurance Inside Superfund or Outside?
It has always been a smart strategy to recommend life insurance be held inside a client’s super fund. This effectively makes the premium tax deductible, which maximises the after tax efficiency of the premium. In summary, it gets more after tax sum insured for the same after tax premium, so it’s definitely in most client’s […]
What Can Really Go Wrong for You?
An article in the financial planning press got us thinking… The article was straight from the text book. A classic case study of a middle age couple, employed by small businesses, with kids, school fees, a mortgage and ageing parents to worry about. Mr and Mrs Appleby, with average incomes: about $100,000 before tax between them. […]
Paying too much for life insurance? We can help reduce your premiums
Many life insurance policies pay commissions to financial advisers. Easy Refunds can collect these commissions and rebate them back to you. You can save it or spend it – the choice is yours! We’ve prepared an example to show you how you can potential receive thousands of dollars in commission rebates over the course of […]
Can I get some of the commissions back?
The life insurance industry is tainted with stories of financial advisers aggressively recommending policies that clients do not need to receive commissions off their policies. Here, we explore the relationship between the premiums you pay and the commissions the adviser receives as well as discuss how you can get some of those commissions back in […]
Life Insurance that You May Not Know You Had
Many working Australians – or Australians who used to work – have insurance of which they are unaware. This can be a huge relief if ever something goes wrong and you cannot work. If you or someone you know has become unable to work, then this article is a must-read. And if you think you might need help with a claim, please make sure you contact us.
Your Most Important Asset – You!
What is your most important financial asset? Is it your home? Your superannuation fund? Your investment portfolio? Your sports car? Actually, it’s you.
Understanding Underwriting in Life Insurances
You may have heard the term underwriting in relation to your life insurance. Underwriting sounds serious. And, given why we need to take out life insurance, underwriting is relatively serious. But it is also quite straightforward. This article explains it all.
Understanding Total and Permanent Disability Insurance
Total and permanent disability (TPD) insurance is one of the most important life insurances around. As the name implies, TPD insurance pays you a benefit if you become ill or injured and cannot continue working as you did prior to the illness or injury. In this week’s article, we look into the fundamentals of TPD insurance.