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Insurance

What types of insurance should a business have?

Insurance often seems like an enormous waste of money… until you need the cover.

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What types of insurance should a business have?
( Posted in: Tax )

What Will The ATO Audit This Year?

It can often be difficult to know where exactly the tax office are going to be focusing their audits. As it is the start of a new financial year, I thought I would provide some insight into where the ATO will be pointing their guns in 2018/19.

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What Will The ATO Audit This Year?
( Posted in: Tax )

What happens if I let my insurance lapse?

Think about where you would be without insurance if something were to happen to you. If you let your insurance cover slip, you risk being unable to make a claim when you may really need to.

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What happens if I let my insurance lapse?

Why insurance is important – real benefits for you and your family

Insurance is all about protecting what you have now and what you need to have in the event of the unexpected. As you travel through life, the protection you need is likely to change. The key to selecting the right insurance is understanding your present needs and making sure you have both the right sort and level of cover.

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Why insurance is important – real benefits for you and your family

Insurance for Self Managed Superfund Members

When preparing your investment strategy for the superfund you are required to consider whether to hold insurance cover for each member of your SMSF.

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Insurance for Self Managed Superfund Members
( Posted in: Superannuation )

Income Protection Insurance Tax Deductions

Recently a client came in to complete their tax returns and during the process we found that the income protection insurance they wanted to claim was actually paid for by their Super Fund. This sparked an interesting discussion about how income protection deductions work and how claims would be processed.

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Income Protection Insurance Tax Deductions
( Posted in: Tax )

Do you have insurance in your lost superannuation?

Would you go out for a coffee and leave $10,000 on the table because you forgot? Of course you wouldn’t, and if you did, you would go back and get it! Then why are so many of us losing track of our superannuation accounts and potential insurance that they usually carry?

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Do you have insurance in your lost superannuation?
( Posted in: Superannuation )

The impact of the death of a parent on children

Findings from a recent study [1] explored the impact the death of a parent has on children and the surviving parent, comparing the results between insured and uninsured households.

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The impact of the death of a parent on children