News

NewsInsurance
Why Can't Teenagers Insure Their Own Cars?

Why Can't Teenagers Insure Their Own Cars?

I have two teenage sons. They have very different personalities. One is happy to wear department store clothing, the other likes designer brands. One is a clean freak, the other is messy. One eats well while the other eats rubbish most of the time. One has bought himself a car, a bomb that cost $1900. The other son bought his first car this week at a cost of $4500, complete with spoiler, mags a... read more>
Don’t dig yourself into a hole with Funeral Insurance

Don’t dig yourself into a hole with Funeral Insurance

We may have mixed feelings about the business of burials but as one American writer put it “I never saw a dollar bill cry at anyone's funeral.”  If you are planning a cremation or full-on interment, your own or another’s, it will come at a significant cost with many options ranging from plots to caskets and wakes. The costs for the cemetery plot alone, excluding the fees for funeral direc... read more>
What is your "Vitality Age" and how will it impact on your Life Insurance policy?

What is your "Vitality Age" and how will it impact on your Life Insurance policy?

Hold on to your hats (and your insurance policies), the insurance business is about to get a whole lot more interesting. Research released this week by the Actuaries Institute has found that there has been more gathering of data on people in the past two years than at any other time in human history…think about that! The ground-breaking research on big data and its impact on the insurance... read more>
The Many Lives of Life Insurance as new rules and codes bite

The Many Lives of Life Insurance as new rules and codes bite

  "The determination of life insurance salesmen to succeed has made life pretty soft for widows." - William A. Feather (1889-1981), American publisher and author. That determination has also led to consumers paying for pretty hefty commissions and made life cover anything but comfortable for those seeking to make a claim. But this week some major changes were unleased on the life insur... read more>
When It Comes To Home Insurance, Write Everything Down

When It Comes To Home Insurance, Write Everything Down

When my home insurance policy recently came up for renewal I thought it a good time to check that I was adequately covered. It turns out I wasn't because I live in a high risk bush fire zone and changes in building standards and regulations mean that replacement homes must be built to better withstand natural disasters – which add to the rebuild cost.  The average cost of rebuilding homes ha... read more>