We went through an investment/financial planner in Perth and he recommended a couple of different plans and providers for each of DH and I. I can't remember exactly how much it cost but it was two or three hundred I think for a meeting with him to discuss our situation, him going off and looking into policies etc.
Not sure about there being a minimum number hours for TPD being correct because I have that cover, and I'm a SAHM and was at the time the cover was taken out.
It's interesting how quotes vary! Three times now I have looked into changing our insurance and searched for days getting quotes and comparing apples with apples. The cheapest is still by far my super fund and I mean quotes were at least double elsewhere (I am not exaggerating). My dh even rolled over a portion of his super into the different fund which I was already with because the premiums in his fund were much higher. Then we set up a SMSF and we still left a portion in the old super fund just so that we could have our life, TPD and income protection insurance through that super fund. I also read every clause, yep, pages and pages and pages worth and compared everything! Once you've done your research and decided you'll be glad you have the cover.
It would seem I'm uninsurable except for accidental death (which costs just as much as full life) :'( I just want to make sure that the little people will be taken care of in the future and I cant. Kinda sucks. Thanks for all the information though, it helped a lot
2013 BellyBelly RAK Recipient.
Kinda sucks. Thanks for all the information though, it helped a lot
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