Getting more out of your income protection insurance

A business-person and a client shake hands over a laptop, calculator, workbook and iPad
  • by Bottrell Wealth
  • Feb 07, 2019
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If you’re working and haven’t yet reached the point of financial independence then income protection insurance should be on your radar. As the name implies, it can help you protect your greatest asset – the ability to earn an income. At the heart of all income protection policies is the promise to pay the policy […]

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A great way to help your kids – and you

Mum holds her small child in an embrace at the beach

We are always hearing about how important it is to insure our own lives and income, but what about insuring the same for our children? How would your adult children and their family survive financially in the unfortunate event of an accident or an illness that prevented them earning an income for an extended period […]

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Which is more precious?

Close up of babies hand touching a baby shoe
  • by Bottrell Wealth
  • Feb 05, 2019
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It’s the middle of the night and you’re jolted awake by extreme pain in your chest. You feel like the life is being crushed out of you and immediately realise you’re having a heart attack. Your partner frantically calls 000 and as you lay clutching your chest waiting for the ambulance to arrive all you […]

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No insurance? Why take the risk?

A women takes a risk and jumps between two large boulders
  • by Bottrell Wealth
  • Feb 04, 2019
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On average, only 25% of debilitating injuries occur at work or are work-related. In 2015/16 there were 101,770 compensation claims made for serious work-related injuries in Australia. The average time it took for a worker to return to work due to a serious injury rose by 33% to more than five weeks. In 2016 the […]

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What would happen if you could not work?

Man holds his bandaged knee

If you were paid the average annual wage of $84,6611, you could potentially earn $10,200,000 over a 40-year working life2. You would use this money for daily living, for holidays, to accumulate assets like a house and car and to save for your retirement. Being injured or taken ill, for only a short period, could […]

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The difference that insurance can make

Well manicured hand signing a life insurance document

It’s an amazing fact that many people look after their belongings better than their own lives. Most people wouldn’t think twice about insuring a car, but what about insuring a life? It’s not a good idea to focus on life’s downers but being prepared for them will make all the difference. Could this be you? […]

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Protect your income!

Two women looking up to a wall covered in many security cameras all pointed at them

Your income is the foundation upon which your family’s financial plans are built, and in most people’s lives there won’t be a larger asset to protect than their cumulative income. Consider this – a 40-year-old man currently earning $75,000 per annum with salary increases of 5% each consecutive year will earn over three and a […]

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Is income protection Insurance tax deductible?

Well, it’s nearly that time of year again. Time to pull out the receipts, give the ‘ol accountant a buzz and start thinking about all the ways you can spend your tax refund! There are hundreds of articles explaining all the things you can and can’t claim1 and lots of tips and tricks to make sure […]

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How your occupation can impact the cost of protecting your income

  • by Bottrell Wealth
  • Jun 15, 2018
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Canstar has released its 2018 Direct Income Protection Star Ratings with new data revealing the price difference of protecting your wage depending on your profession. But who pays more? Premium data collected by Canstar Research for policies rated in the 2018 Direct Income Protection Star Ratings provides an insight into the difference your occupation is […]

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