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Insurance Tag

If we have a car accident or our home has been damaged, most of us will reach for the phone as soon as possible but is there a time limit on insurance claims in Australia?

What if you’re unable to make an insurance claim immediately? Will you miss out on a refund or replacement if you don’t lodge it by a certain time?

Planning to have a baby? Pregnancy is an exciting time but also a nerve-wracking one. There is so much to think about, not the least of which is where to have your baby.

Australians are fortunate to have access to good health care. And most women will give birth in a public hospital, where the charges will be limited. But many opt for private hospitals because they believe it will be a better pregnancy experience, including the promise of a private room after the birth.

It’s one of the reasons women who are thinking about getting pregnant take a closer look at private health insurance. This might mean updating their existing policy to cover pregnancy and birth. Or taking it out for the first time specifically for that reason.

Did you know that if you have superannuation, it most likely includes life insurance?

In 2018, a federal parliamentary report found almost 64 percent of active life insurance policies were held through superannuation.

But when the Federal Government changed who is entitled to the default insurance, that number took a hit — KMPG estimates it dropped to 51 percent.

Are you one of the people no longer automatically insured through your superannuation? If so, you might be wondering whether or not to take out separate life insurance, especially given the events of the past few years.