Life Insurance
- Thread starter DaleGG
- Start date
Hey Dale,
What an excellent topic. These insurances are so full of loopholes and traps you really need to have confidence in the advice you are getting. Unfortunately based on past experience my level of trust of some people in the Insurance Sales area is somewhat on the low side. Hence any recommendations by forumites who have had personal experience with a reputable Insurance person I'm sure would be welcomed by a number of us here.
Cheers - Gordon
What an excellent topic. These insurances are so full of loopholes and traps you really need to have confidence in the advice you are getting. Unfortunately based on past experience my level of trust of some people in the Insurance Sales area is somewhat on the low side. Hence any recommendations by forumites who have had personal experience with a reputable Insurance person I'm sure would be welcomed by a number of us here.
Cheers - Gordon
OAMPS have a chap in Kew that seemed very knowledgable when I last
spoke to him, can't remember his name but he was their life insurance specialist.
Can I suggest that anyone thinking of buying life insurance investigate
the options provided to them by their super fund. Buying insurance
through your super fund allows you to pay with money taxed at 15%
instead of your marginal rate.
andy
spoke to him, can't remember his name but he was their life insurance specialist.
Can I suggest that anyone thinking of buying life insurance investigate
the options provided to them by their super fund. Buying insurance
through your super fund allows you to pay with money taxed at 15%
instead of your marginal rate.
andy
I can only echo the above comments by Andrew.
I just rang around and got a few quotes, the standard clauses were very similar, sorry I didn't wade through all of the fine print - there is probably a gotcha in there waiting to bite me.
In the end, my partner and I got Life through our super and Income protection through AIG.
Australia really needs a few good financial/insurance comparison websites.
I just rang around and got a few quotes, the standard clauses were very similar, sorry I didn't wade through all of the fine print - there is probably a gotcha in there waiting to bite me.
In the end, my partner and I got Life through our super and Income protection through AIG.
Australia really needs a few good financial/insurance comparison websites.
Don't forget for all those who are living of equity or in some way generating income through dividends, all income protection insurance is gerared to rep,acing income. They don't recognise dividend income as income and as a result the income protection cover is not effective in this case. This is also in the case of compulsory 3 rd party insurance where their cover is based on your income.
The only insurance that I can find that gives me some cover is trauma insurance and this is then in addition to all the compulsory insurances I already pay.
This is the info I have been able to determine,to date, as you mention it is very hard to find anybody who gives you any info apart from the standard.
Cheers
The only insurance that I can find that gives me some cover is trauma insurance and this is then in addition to all the compulsory insurances I already pay.
This is the info I have been able to determine,to date, as you mention it is very hard to find anybody who gives you any info apart from the standard.
Cheers
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When I needed life insurance in a huge big hurry, http://www.loufin.com.au/home.HTM were able to come across with the goods. They had previously been recommended by Peter Spann.
I chose Westpac Term Life Insurance for both myself and Mrs Rix.
Hopefully I never have to make a claim
Hopefully I never have to make a claim
simple topic for a good broker. sometimes painful/annoying/confusing topic for others.
pm me if youd like to chat perhaps.
have a life insurance brokerage along with general insurance brokerage. im not the life expert, but have reputable guys with 30yrs experience who live and breath it all.
pm me if youd like to chat perhaps.
have a life insurance brokerage along with general insurance brokerage. im not the life expert, but have reputable guys with 30yrs experience who live and breath it all.
