Why Every Business Owner Needs a Safety Net: Income Protection + Savings Buffer
Hello Fellow Investors, If you’re a business owner, you already know the freedom and rewards that can come with running your own enterprise. But here’s the harsh reality: you don’t get workers’ compensation or paid sick leave. That means if you can’t work, your income...
Personal Insurance Cover: Common Pitfalls and How to Avoid Them
Hello Fellow Investors, A sobering reality is that personal insurance cover and offerings have deteriorated over the past few years, making it more important than ever to seek professional advice to ensure that you are getting up-to-date information and the right...
Why Get Trauma Insurance? Protect Your Family From Life’s Unexpected Costs
Hello Fellow Investors, A study on health expenditure for Australians revealed a concerning fact: in 2022, individuals paid nearly twice as much out-of-pocket for healthcare as health insurance companies did. This is a stark reminder of the financial strain that...
Does Income Protection Cover Mental Illness?
Hello Fellow Investors, Mental health problems are now one of the largest contributors to claims for Income Protection and Total and Permanent Disability (TPD) insurance. Dealing with a mental health condition such as an anxiety or depression is difficult enough - but...
What is Personal Insurance – and How Much Cover is Enough?
Hello Fellow Investors, There is no easy answer to how much life and personal insurance cover you might need. It's one of those questions that can only be answered with "It Depends" - at least until you see a professional like our Brisbane financial planner, who will...
The Difference between Income Protection and Life Insurance
Hello Fellow Investors, We have been asked on many occasions to explain the difference between life insurance and income protection insurance. The good news is that life and income insurance are almost exactly what they sound like - and both can be important in...
Asset Ownership – Individual, Spouse or Joint?
Another important factor to consider when producing an effective financial plan is who owns a particular asset. This can be your principal place of residence, an investment property, or superannuation/pension or investment account. Some common reasons for making...
What Is A Trust?
A trust is a relationship where an individual or company (the trustee) carries on a business for the benefit of other people (the beneficiaries). A common use of a Trust structure is where a trustee carries on a business for the benefit of a particular family and...