Author Hayden White

denied

Direct Insurers more likely to deny claim

The Australian Securities & Investments Commission (ASIC) has recently released Report 498 which highlights the benefits of using an adviser for personal retail insurance (Term Life, TPD, Trauma and Income Protection) as opposed to other channels like direct insurance and insurance held via group superannuation accounts.  The report shows that you are 71% more likely

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healthy food

Obesity is a growing problem

The terms “overweight” and “obese” are used to denote situations where excessive fat accumulation represents an increased health risk. It is important to know the impacts and true costs of obesity. Here’s an article written by Dr Pramodh Nathaniel, Chief Medical Officer for TAL. Size Does Matter  

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Case Study

Water Skiing Accident

I was informed by one of the Poole Group accountants that their client suffered a water skiing accident and was unable to work. Naturally I suggested that the client should be entitled to an income protection benefit for the time off work. I contacted the client and explained the potential benefits he was entitled to

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Case Study

Trauma & Income Protection

I was recently referred a client who has a range of personal insurance policies including Term Life, Total & Permanent Disability (TPD), Trauma and Income Protection. The policies were set up via another adviser over 5 years ago and the client’s main concern was that he had not heard from the adviser since the initial

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dependents

Who can be a Super Dependent?

Superannuation rules limit who can receive death benefits. Therefore it is important to understand who can be a superannuation dependent as well as a tax dependent. The rules apply to accumulate savings/account balance as well as insurance inside superannuation. Death benefits from superannuation (including insurance payments) can only be paid to: A dependent as defined

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Business Protection and Risk Strategies

Every medical practice with two or more owners needs to have the right strategies in place if one of the owners leaves due to premature death, total and permanent disability or a traumatic illness. As the practice provides its owners with regular income, capital, security, superannuation and retirement flexibility, protecting the exiting owner’s needs, in

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Case Study

Malignant Melanoma

I was referred a new client by one of the Poole Group accountants to review the clients existing policies. As part of the review process I discussed the clients pre-existing health issues and was informed that he was diagnosed with a malignant melanoma in 2001. On review of the clients existing policies I noticed that

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