Last week’s blog covered the key features of income protection and trauma insurance. This week we are focusing on Total and permanent disability (TPD) and life insurance. TPD and Life insurance often go hand in hand together. Both types of policies pay out a lump sum benefit when a claim is made. Total and permanent
Most people are familiar with the concept of insurance and often will hold an insurance policy of some sort, such as car or home and contents. However, often people don’t consider personal insurances like income protection, trauma, total and permanent disability (often referred to as TPD) or life insurance. Each different personal insurance policy type
As the 30th of June is fast approaching it is time to starting considering your year-end planning options. Some important areas for consideration include: • Deferral of Income – Delaying recognition of income until 1 July 2016, defers the tax liability on this income until the 2016 financial year. This strategy will be particularly effective
