As we discussed in our last blog, the government has permitted early access of superannuation for those experiencing financial hardship of up to $10,000 each financial year as part of their COVID-19 measures. Perhaps you are on the fence, still not sure whether you should take out a portion of your super funds out to […]
Would taking out an early release of Super affect my Life Insurance Policy? Read More »
As you may have heard, the government has recently allowed early access to superannuation funds in response to the coronavirus and its economic implications. How do I check my eligibility? Eligibility to apply for early release you must satisfy any one or more of the following requirements: -You are unemployed; or -You are eligible to
Considering Early Access to Superannuation During Covid-19? Read More »
As mentioned in last week’s blog, several insurers in Australia have added exclusions for insurance cover related to pandemic related lost income, illnesses or even death. What does this mean for you? Could you potentially be excluded from your TPD cover in a crisis situation like this? Well, the short answer is that it depends
Covid19 Impact on Australian Life Insurance – An update from Shaheen Legal This is a quick video by our Principal Solicitor explaining how Coronavirus will impact Australian Life Insurance industry and what are the changes large Life Insurers are making that may restrict you from making future TPD, Death or Income Protection claim.
Covid 19 Impact on Australian Life Insurance – An update from Shaheen Legal Read More »
You’ve probably got plenty to worry about with the Coronavirus crisis happening, but did you know there are important changes occurring to superannuation and Life Insurance from the 1st April 2020? Many superannuation fund members will lose their TPD and Death Insurance after the 1st April 2020 unless they tell their super fund that they
You Could Lose Your Life Insurance Cover from 1 April 2020, Unless…. Read More »
We find ourselves in an unexpected global pandemic with the Coronavirus (Covid – 19) increasingly impacting us globally and here in Australia. You may have many questions around Coronavirus and your financial wellbeing. Have you considered the impact the Coronavirus may have on your Life Insurance policies? Life Insurance includes having insurance cover for Total
Will the Coronavirus impact on my Life Insurance, TPD or Income Protection? Read More »
