Whilst Government lockdowns and other restrictions related to COVID-19 appear to be a thing of the past, there is no doubt that COVID-19 infections and associated illness and treatment still have the potential to ruin or disrupt a holiday. Therefore, whilst the initial pain of the COVID-19 disruption has eased, it is still an illness that gets special treatment under most travel insurance policies.
Read More
Some superannuation funds, but not all, allow you to access some of your super prior to retirement. REST Super has now changed its rules on early access to super.
Read More
By 1 December 2019, super funds have to notify members with small accounts that their death and disability insurance cover will be cut off on 1 April 2020, unless they tell the fund they want it to continue.
Read More
As a result of a spike in TPD claims from around 2011 to 2013, many insurers in recent years have changed and tightened their definitions of TPD to make claims harder to win. One very notable change is the introduction of re-training clauses.
Read More
In the last 5 years, there is a worrying trend creeping into Total and Permanent Disability insurance benefits of imposing a much harsher ‘Activities of Daily Living’ (ADL) test.
Read More
Usually your super, which includes your account balance and any superannuation death benefits will be paid to your dependents when you die. But not always!
Read More