Accident & Health Insurance
Do I Need Income Protection Insurance If I Am Self Employed?
March 31, 2021 By Aspect UW
Being self-employed comes with a lot of perks – flexible schedules, tax breaks, and unregulated holidays are just a few. However, when you are working for yourself you can miss out on the advantages that come along with being an employee, such as benefits, security, and paid leave....
What To Be Aware Of For Income Protection In 2021
March 17, 2021 By Aspect UW
The Life and Accident & Health sectors, The Australian Insurance Regulators have been reviewing income protection policies since early 2020. The Australian Prudential Regulation Authority (APRA) proposed new measures for income protection insurance, after substantial ongoing costs to income p...
The Aspect Underwriting Difference
March 9, 2021 By Aspect UW
In turbulent times we are reminded that life can throw its fair share of curveballs our way and without precautions in place, picking up the pieces can be highly stressful....
Why You Should Have Both Life Insurance And Trauma Insurance
February 22, 2021 By Aspect UW
Life is so uncertain; we never know what may happen tomorrow to ourselves, or our loved ones. Every year thousands of people deal with unexpected injuries or sudden severe illness, which can be challenging for them and their families, both emotionally and financially....
Does Income Protection Apply To Part-Time And Casual Work As Well?
November 29, 2020 By Aspect UW
Being a part-time or casual worker offers you more flexible working hours and a higher equivalent rate of pay than full-time workers. However, casual workers may have to compromise on job security....
What You Need To Know About The Job Keeper Payments, In Regards To Income Protection
October 9, 2020 By Aspect UW
Navigating the personal financial implications that have fallen out of the various State and Commonwealth government stimulus responses looks like being quite a minefield for most Australians this year. Whether it’s working out what you are eligible for or pulling your tax return together, ther...
Improving The Online Insurance Quoting Process Benefits Your Customers; The Value Of A Smooth, Quick And Easy Online Insurance Quote
October 7, 2020 By Aspect UW
The customer experience impacts all areas of sales and business. No matter what you do or sell, the interactions and experiences that a customer has throughout their customer journey influences if they chose to purchase a product or service.
While customer experience has always been the mo...
Is There A Difference Between Accidental Death Insurance and Life Insurance?
October 2, 2020 By Aspect UW
Making the decision to take out an insurance policy is a big choice. You need to decide what type of cover and how much cover you need, to make sure that your family get proper financial support if something were to happen to you.
While choosing insurance, most people often get confused be...
Income Protection When You’re Over 60 – Do You Need It And Can You Get It?
March 12, 2020 By Aspect UW
Getting older isn’t what it used to be. Back in the day, you could expect to retire at 65, receive the age pension, take up hobbies and spend your latter years watching the grandkids play in the backyard.
These days, Australians are living longer, having children later and, most importan...
Making Sure Your Insurance Works For You
March 4, 2020 By Aspect UW
The media recently reported on the tragic story of a South Australian mother who is dying of cancer but recently discovered that the life insurance cover she thought was in place had lapsed when she swapped superannuation providers and didn’t realise she hadn’t activated the life insurance op...
What Does The End Of Agreed Value Policies Mean For Policy Holders?
February 11, 2020 By Aspect UW
The country’s financial services regulator – the Australian Prudential Regulatory Authority (APRA) – is pushing aggressively for significant changes to the way that disability income insurance is managed in the country....
As ASIC Clamps Down, How Does This Impact You?
January 21, 2020 By Aspect UW
As the fallout from the Hayne Royal Commission continues, the Australian Securities and Investment Commission (ASIC) is beginning to flex its regulatory muscle in the financial services sector.
Factors To Take Into Account If You Are Considering Income Protection Insurance And You’re Under 35
December 13, 2019 By Aspect UW
You’re young. You’re fit and healthy. Your career is starting to hit its straps. Chances are you haven’t started a family yet. You’re earning good money – good enough money to buy a nice, brand new car. You’ve taken out comprehensive insurance on the car because it’s the largest ass...