We’ve all seen the television ads – no medicals, no paperwork, low cost cover from one dollar a day and so on. Just call up and within minutes you can be accepted for up to $1m of cover. Sound familiar? It’s no secret there are plenty of insurance providers playing in this space at the […]
As a business owner, you have more risks to consider than an equivalent employee. For instance, in the event of illness or injury, employees often have leave entitlements to fall back on. You, the business owner, do not. Additionally, employees generally don’t have a vested interest in the business they are employed by. In most […]
Life insurance policies can be structured in various ways but for most people, they take out a policy in their own name. This is referred to as self ownership. An alternative to self ownership is superannuation ownership. In this case, a superannuation fund owns the policy on your life, not you. Superannuation ownership may result […]
