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Life Insurance Articles

What Hospitality Business Owners Need to Know About Income Protection Insurance What Hospitality Business Owners Need to Know About Income Protection Insurance
The Australian hospitality industry is renowned for its vibrancy, yet it also faces significant challenges. With fluctuating demand, seasonal changes, and unpredictable external factors such as economic downturns and pandemics, hospitality businesses often operate in a high-risk environment. For hotel operators, the stakes are even higher due to substantial investments in property, staff, and customer service. - read more
5 Tips to Save on Health Cover as an Australian Senior 5 Tips to Save on Health Cover as an Australian Senior
Finding the right health insurance coverage is a critical concern for Australian seniors, who often face the dual challenge of managing chronic health conditions and maintaining financial stability in retirement. As the cost of healthcare continues to rise, the importance of securing an affordable health cover that still meets their needs cannot be overstated. - read more
Financial Safety Nets: Why Income Protection Should Be a Priority Financial Safety Nets: Why Income Protection Should Be a Priority
Unexpected sickness can disrupt your life in many ways, especially when it comes to your financial stability. The loss of income during illness can create a financial burden, making it tough to manage daily expenses and bills. - read more
The Impact of Hobbies and High-Risk Activities on Life Insurance Costs The Impact of Hobbies and High-Risk Activities on Life Insurance Costs
Life insurance is an essential financial protection that provides peace of mind to policyholders and their loved ones. The premiums you pay are determined by various factors, including age, health, lifestyle, and occupation. - read more

Insurance News

TAL's Health Sense Plus Now Covers Income Protection Policies TAL's Health Sense Plus Now Covers Income Protection Policies
11 Feb 2026: Paige Estritori

In a strategic move to make life insurance more relevant to younger Australians, TAL has expanded its Health Sense Plus program to encompass income protection policies. This initiative allows advisers to offer clients enhanced value through a straightforward preventative health engagement. - read more
AFCA's Ruling: Home-Based Waxing Salon Deemed a Business AFCA's Ruling: Home-Based Waxing Salon Deemed a Business
11 Feb 2026: Paige Estritori

The Australian Financial Complaints Authority (AFCA) recently ruled that a home-based waxing salon constitutes a business, not merely a hobby. This decision has significant implications for beauticians managing home-based operations, particularly concerning insurance disclosures and compliance. - read more
Insurers Push for Overhaul of Civil Liability Laws Amid Rising Premiums Insurers Push for Overhaul of Civil Liability Laws Amid Rising Premiums
11 Feb 2026: Paige Estritori

The Insurance Council of Australia (ICA) has recently called for comprehensive reforms to state and territory civil liability laws, citing significant increases in public liability insurance premiums. This development is particularly relevant for beauticians and small business owners in the beauty industry, who are experiencing escalating insurance costs. - read more
Cosmetic Injectables Industry Booms Amid Safety Concerns Cosmetic Injectables Industry Booms Amid Safety Concerns
11 Feb 2026: Paige Estritori

The cosmetic injectables industry in Australia has experienced significant growth, with the market valued at $4.1 billion in 2023 and projected to grow by 19.3% annually until 2030. This surge reflects increasing consumer demand for non-surgical cosmetic procedures, including anti-wrinkle injections and dermal fillers. - read more

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Coinsurance:
A percentage of the cost of a covered healthcare service that you pay after you have paid your deductible.