Under the Superannuation Industry (Supervision) Regulations 1994 – Reg 4.09, all SMSF trustees must regularly review their investment strategy which includes whether all trustees have the need for insurance or not. We’ve previously discussed underinsurance in Australia and in much the same way, SMSF trustees need to consider the insurance needs of their members.
As parents we are continually thinking about our children’s wellbeing, from their happiness to education and health. Our thoughts are on providing the best for them; however when we think and talk about child cover, we may become reluctant.
Medical advances are constantly improving survival rates for serious illnesses. This is great news. But how can you ensure life goes on after such a traumatic event? What is Trauma Cover and how can it help? Watch this video to learn more.
Life passes us by every day. In the hustle and bustle of our daily activities, we are faced with various situations which we tend to neglect and treat as a normal part of life. Just as we are so sure that we know everything which is happening around us, we are confronted with facts we never knew existed. This video presents some facts about life. What does it mean to you? Watch this video.
As most people prefer to watch a video than read the entire content of an article, we bring you a 45-second video that explains what income protection is all about. This animated video shows the importance of income protection and the role it plays in protecting your lifestyle.
We’re all interested in reviewing the current status of our wealth creation plan to see how our investments are performing. Unfortunately however, reviewing your insurance strategy is an often forgotten activity, as many of us adopt a “set and forget” approach.