How much trauma cover?
The question of how much trauma cover is ideal remains vexed.
All insurance sums insured are supposed to be based on the concept of indemnity. Too much and we create hazards, too little and we have shortfalls.
The principle of indemnity is reasonably clear in most of the methods of calculating life, total and permanent disablement cover, and income protection. Indeed, with income protection (including mortgage protection as part of a package), insurer’s...MORE»
They think they know howTuesday, October 2nd, 9:00AM
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Societal change and changing financial servicesTuesday, September 18th, 9:04AM
Demographic and societal change should be the easiest change to respond to MORE» |
Record keeping and all that
What’s all the fuss about record keeping and all that? There’s one school of thought that runs, in effect, that it’s the advice that counts – not the file.
MORE»Financial planning should be the natural friend of good insurance coverage
Sooner or later, reduced liabilities and increased capital must replace insurance.
MORE»Wearable devices: The promise and the reality for insurance
Wearable devices, like Fitbit watches, are becoming more and more popular, and insurers are interested in the data they collect.
MORE»Selling a bit less than ideal
In a household with two adults working and a couple of children, plus the uncomfortable presence of a large mortgage snuggling up next to them every time they hit the couch of an evening, money is tight.
MORE»Did the Australian Royal Commission change everything? Or had everything changed already?
Long-run changes have a habit of creeping up on us. Gradually, society changes, but we pin the ‘big change’ on one emblematic moment.
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