As retirement approaches you may wonder if you need life insurance. In an ideal world you would have an empty nest, self-sufficient children, paid-off mortgage, and retirement adventures planned. But life is rarely that straightforward. It is increasingly common that retirees have adult dependants at home and mortgages and debts yet to be cleared. Retirement … Continued
In Australia, a home mortgage is almost always a big debt that takes years or decades to repay. Find out what happens if you die before it’s paid off and what you can do about it now. Many Australians have a mortgage, and you are probably among them. It is the most significant debt for … Continued
No one wants to think about it, but death is a part of life. Once you’re gone, your family will have to go on without you. The good news is that you can help them deal with the financial side even after your passing. Death is one of the least popular topics of conversation. And … Continued
Are you thinking about buying life insurance? If so, it may be wise to weigh your options with care. And then you still have to ensure your family knows what to expect. It’s not like people actually look forward to filing a claim on a life insurance policy. That’s understandable, as this would usually mean … Continued
Talking to your partner about life insurance is tough. It’s a delicate subject, and you might get emotional about it. We have prepared several tips to make the talk easier. Talking about getting life insurance is among the hardest for modern couples. That’s why many put it off, or even avoid it altogether. Life insurance … Continued
You want to get a life insurance policy, but you don’t know how your beneficiary would be able to claim the money. Here’s what you need to know. A beneficiary is technically a person who receives benefits, such as money, from a benefactor. This relationship is often defined either in a person’s will, or the … Continued
It’s always difficult to talk to your family about the possibility of your death. That also means it’s often hard to talk about Life Insurance. But there are some important things about your policy that your family needs to know. You’ve already made the decision to get Life Insurance cover, at least in your head. … Continued
It may seem like choosing a beneficiary is a simple task. However, there are several things to consider before making a choice. The process of taking out Life Insurance requires you to make several choices. Among these are deciding on the policy length and the amount of coverage needed. But choosing your beneficiary may be … Continued
Choosing a suitable life insurance cover can require a lot of patience and research. If you’re not careful, you might fall into some of these common traps. Life insurance is something that most Australians consider getting at some point in their lives. Most commonly, a significant life event such as getting married or having a … Continued
