insuringMiners.com.au in Mount Pleasant, New South Wales, Australia | Financial service

insuringMiners.com.au

Locality: Mount Pleasant, New South Wales, Australia

Phone: +61 2 4285 6133

Address: 13 Dobinson St 2519 Mount Pleasant, NSW, Australia

Website: http://www.insuringminers.com.au

Likes: 20

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• Financial service
• Insurance broker

25.01.2022 Some shocking truths about Direct Insurance are coming out in the Royal Commission.

17.01.2022 Our clients know we have their back at claim time. It is going to be interesting to see what comes out today.

13.01.2022 I have a WIN. I am happy to say APRA is supporting insurance advisers across Australia in these difficult and exceptional times. I hope and trust the insurance companies will do the same.... APRA recognises that COVID-19 has impacted both the advice provision and insurance application process. To address this, APRA has afforded insurers some additional flexibility for the transition period regarding APRA’s expectation around the cessation of agreed value new business that will come into effect on 31 March 2020. However, this additional flexibility is subject to each insurer’s own polices, terms and conditions. As such, you’ll need to contact your insurer(s) directly, to clarify what flexibility will be offered for you and your clients’ specific circumstances. Regards, APRA Info #insurance #insurers #lifeinsurance #financialplanning #advisers

13.01.2022 This is awesome. Feel free to share and like.

13.01.2022 The OneLove MCR concert showed us all true love will always beat hatred and fear.

11.01.2022 Superannuation investors are less impacted. But it's worth revising your asset allocation, maybe time to increase your exposure to more international shares. Contact us to discuss you situation.

10.01.2022 Fat Cat Awards are out....How high are your fund fees. Contact us for a No Cost detailed report valued at $150. Limited to the first 10.

10.01.2022 We are just as thankful for being entrusted to help you in your time of need.

10.01.2022 I think there is a lot of truth in this statement.

07.01.2022 We are representing our client tomorrow at a reconciliation meeting with the Financial Ombudsman Service and the Insurance Company. We are Arguing the Insurance Company Wrongly Declined our Clients Claim. FOS mentioned it was unheard of, for a client to be represented by their Insurance Adviser..... My heart goes out to all those that have to represent themselves against any Insurance Company.. We are proud to represent our clients. It's what we do at insuringYou.com.au

05.01.2022 APRA's decision to remove Agreed Value Income Protection from the insurance market could prove detrimental for the Retail Insurance Industry. I believe insurance is built on one fundamental principle, this is "A Promise to Pay." Which is all about to change. When small business's try to claim on a new indemnity policy and their income has fallen due to the impact of climate change on their community, ie devastating fires or storms or drought. The insurer will only pay 75% of ...their pre injury/illness income. Not the monthly benefit that they have been paying their insurance premiums for over the years. An example of this is a drought. The farmers are making far less and so they are spending less and this filters right through their community. The scary result will be more policyholders that experience a bad claim will tell more people and less will be insured. This will then put greater pressure on social goods and services, crowd funding and the community as a whole. Let alone taxes. Although APRA said they consulted the stakeholders, they failed to consult the advisers or the financial planning Associations. So their decision is very one-sided and unfortunately not in the best interest of the policyholder. If you have not updated your income protection policy I suggest you do. These changes will come into effect 31st March 2020. If you currently have an indemnity income protection, time is running out to lock in an Agreed policy. AGREED VALUE INCOME PROTECTION POLICY will give you peace of mind at claim time, you will know exactly to the DOLLAR how much you will be paid. As I said, it is a promise to pay. If you need some help or advice please call me, 1300 677 516. I am happy to help.

04.01.2022 COVID-19 economic stimulus package The Government has just announced an economic stimulus package to assist in supporting the economic effects of the coronavirus (COVID-19) outbreak. This includes: For clients One off $750 payment to social security, veteran and other income support recipients and eligible concession card holders.... For businesses Instant asset write-off threshold increased from $30,000 to $150,000 for businesses with aggregated turnover of less than $500M. 15 month investment incentive (through to 30 June 2021) to support businesses investing in asset installation (50% deduction). Between $2,000 and $25,000 in cash flow assistance to support retaining staff for small businesses by reducing PAYG withholding to 50% for six months. 50% wage subsidies for businesses with trainees/apprentices for up to nine months from 1 January 2020 to 30 September 2020. For regions Up to $1B in support for regions affected by Coronavirus including one off ad hoc ATO grants. This package will be moved through Parliament in the final week of March. Access further details of the stimulus package.

03.01.2022 This is awesome.