by Team Garnet | Apr 7, 2023 | ATO, Insurance, Superannuation
ASIC has released a report which examines the progress by some super trustees to improve their arrangements for life insurance in super. The review was in response to issues ASIC have highlighted since 2019 to address consumer harms in life insurance in super,...
by Team Garnet | Jan 20, 2022 | Insurance
If you have IP (income protection) insurance in your MySuper product, it’s time to check the details, including any “offset” clauses that may reduce the value of any claim Insurance within super is usually the most cost effective way for an individual to cover...
by Team Garnet | Jun 16, 2021 | Insurance
Is your private health insurance getting more expensive every year? This could be the sneaky reason why… The government has once again quietly sought to freeze the private health insurance income thresholds for the private health insurance incentive, this time...
by Team Garnet | May 19, 2021 | Insurance, Superannuation
It is estimated that around 70% of Australians with life insurance hold it through their super fund. Having insurance through your super fund is tax-effective and has various advantages such as having cheaper premiums and usually having fewer health checks. Most funds...
