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Trauma insurance explained

Trauma insurance is to provide much needed funds when a serious sickness or event occurs.  We are living longer and medical technology is helping us live past the heart attack that would have killed us 30 years ago. Trauma Insurance Cover Dr Marius Barnard was South African born Cardiac Surgeon and he the creator of Trauma insurance. Dr Barnard noticed that through advanced surgical procedures, his patients were surviving heart surgery and make a good recovery.  But the financial strain on them was difficult.  This was because their Life Insurance cover did not pay out because the patient/insured person did [...]

2017-05-13T12:07:49+12:0013/05/2017|Categories: Blog|Tags: , |
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What is Income Protection Insurance?

WHAT IS INCOME PROTECTION INSURANCE? Income Protection Insurance will replace your income when you are unable to work because of sickness or accident and is normally it is paid as a monthly benefit. It’s designed to ensure that you can still afford to meet your household expenses and financial obligations while you are unable to work, and will continue to do so until your policy expires or you can return to work. HOW DOES INCOME PROTECTION INSURANCE WORK? Regardless of whether you have an accident at work or away from work, or a sickness stops you from working, money is [...]

2017-04-26T09:28:40+12:0026/04/2017|Categories: Blog, Income Protection, Personal Insurance|Tags: , , , , |
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When can you claim insurance?

When can you claim insurance? Here is an actual claim story from 2011 which an adviser has shared. His clients were a young couple, with 3 children. They are your typical hard working busy couple, he had his own small business and she was a stay at home mum and the kids belonged to all sorts of after-school activities, they were a busy family, even on the weekends. They had bought a new home a few years before and took out life cover, mortgage repayment and trauma cover, all which were recommended by the adviser. The couple was contacted each [...]

2017-03-31T23:17:01+13:0031/03/2017|Categories: Blog, Life Insurance|Tags: , , |
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We are living longer

WE’RE LIVING LONGER The National Institute on Aging states that “the dramatic increase in average life expectancy in the 20th century ranks as one of societies greatest achievements”. Most babies born in 1900 did not live past 50, life expectancy at birth is now between 74 and 83. We are better informed about our health, diet and lifestyle choices, and advances in medical treatment is also enabling us to live longer. With longer lives also comes the need for us to plan for longer as well.  Where 60 was the retirement age in the 70’s and 65 in this millennium, [...]

2017-03-16T15:05:26+13:0016/03/2017|Categories: Blog, Life Insurance|Tags: , |
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Will our lowest home loan rates continue?

  Will our lowest home loan rates continue? In my opinion, yes, but for how long is the million dollar question. Right now, we have the lowest home loan rates for decades and there are no signs of home loan rates rising in the next 6 months, possibly even 12 months.  If you are one to watch mortgage rates and what they are going to do over the next few years then here are some resources to help you keep an eye on mortgage rates, and maybe you can come up with your own answer on will our lowers home loan [...]

2015-10-17T11:52:12+13:0017/10/2015|Categories: Blog, Home Loans, Mortgage Finance|Tags: , , , , |
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Lowest mortgage rates

  We have seen the lowest mortgage rates for decades, and I do not recall the Official Cash Rate ever being this low.  They will most likely reduce again in the next 90 days but this is not guaranteed, but you can read more about further cuts here. So how can you take advantage of the lowest mortgage rates in years? Here are my top 3 tips which will help you position yourself to take advantage of these and to improve your long terms financial position. If your bank has reduced your payment to reflect a lower interest rate, then [...]

2015-09-13T02:14:07+12:0013/09/2015|Categories: Blog, Home Loans, Mortgage Finance|Tags: , , , , |
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Getting the best ACC Cover

If you are self-employed, then choosing the correct ACC Cover is vital for own personal long term protection.  Most of us will just accept the default option or not consider the longer-term benefits of each ACC Cover Option. Did you know you have two ACC Cover options? That's right, there are 2 very important and distinctive ACC Cover options for self-employed.  Each option does its own job and works in a different way at claim time. What you get from your ACC Cover at claim time depends on what you do now and how you set it up. What you [...]

2015-08-21T23:47:51+12:0021/08/2015|Categories: Blog, Business Insurance, Income Protection|Tags: , , , |
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How to use business income insurance

How to fund your business cash flow by using business income insurance. What options do you have to keep your cash flow going when you cannot work in your business in the short, medium or even long term.  There are a number of ways you could do this, but firstly, you need to give careful thought to what is going to happen to your business if you become unable to work due to sickness or accident, and would you manage such an event and how would you fund it using business income insurance as well as other sources of income. [...]

2015-07-26T07:43:26+12:0026/07/2015|Categories: Blog, Business Insurance|Tags: , , |
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How do I qualify for a mortgage?

  To get a mortgage from a bank or lender requires you to get a number of things right.  Here are the key criteria banks look at when assessing your eligibility for a mortgage.  We call it the 3 C's which are Character, Capacity and Collateral. Preparing to get a mortgage If you are paying rent, and have been paying your rent on time with no problems, and have a good repayment history with your landlord, this does not mean the bank will lend you money.  Although this will help persuade the bank to lend to you, it does not [...]

2015-07-12T00:42:19+12:0012/07/2015|Categories: Blog, Home Loans, Mortgage Finance, New Finance, Refinance|Tags: , , , , |
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How do interest rates work?

If you are a homeowner, or prospective homeowner, then understanding how interest rates work is going to be valuable to you when making financial decisions.  You should have some understanding about them, as they impact you, your family, your job and pretty much most things you do. Who sets the interest rates? It is the banks who set the interest rates and they determine what rate they lend money out to borrowers.  There are a number of factors which banks consider when they are setting current rates, and this list is in no means exhaustive, but some of them are; [...]

2015-07-05T00:09:38+12:0005/07/2015|Categories: Blog, Home Loans, Mortgage Finance|Tags: , , , , |
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