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Term Life Insurance:
A life insurance that provides a cover for a specific period of time - usually one to five years or until the insured reaches age 65 or 70.
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| Lifetime Financial Services Ban Upheld for Misconduct
03 May 2024: .Paige Estritori The financial industry has affirmed its commitment to integrity as a former insurance broker, convicted of defrauding clients, failed to overturn a lifetime ban on his financial services activities. Initially penalized for siphoning off clients’ insurance premiums for his own use, the advisor sought leniency to no avail. - read more |
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| Bellrock Enhances Advisory Services to Support Business Deals
03 May 2024: .Paige Estritori Bellrock has announced an expansion of its suite of services to encompass support for mergers and acquisitions (M&A) as well as contingent risks. The enhancement of these services comes amid an expected increase in M&A activities, demanding more specialized and creative risk management solutions. - read more |
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| Insurance Claim Denied Due to Undisclosed Conviction
02 May 2024: .Paige Estritori An insurance policyholder recently experienced the repercussions of non-disclosure after his claim was rejected by an insurer upon the discovery of an undisclosed traffic conviction. The undisclosed criminal traffic offense led to repercussions from both the insurer and a financial authority, serving as a cautionary example for transparency in insurance agreements. - read more |
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| Call for Equitable Cyclone Insurance Subsidies Grows
01 May 2024: .Paige Estritori A notable Australian consumer group insists for a revision of the cyclone insurance framework to achieve better parity among affected regions. Before its scheduled review, the proposed recalibration looks to distribute fiscal pressures more evenly among Australians, possibly extending the burden of cost to regions historically less affected by cyclones, such as Sydney. - read more |
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| Victorian Flood Inquiry Calls for Faster Insurance Responses
30 Apr 2024: .Paige Estritori An investigation into Victoria’s extreme flood impact reveals prolonged distress due to insurance obstacles. The Legislative Assembly's examination brings forth issues with claim resolutions and coverage gaps as critical barriers in recuperation after the devastation of October 2022. - read more |
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| The Essential Guide to Professional Indemnity Insurance for Australian Consultants
If you're an Australian consultant, you understand that your advice is a valuable commodity. But with that value comes responsibility, and a level of risk that you could be held liable if your guidance results in financial loss to a client. This is where professional indemnity insurance comes into play, serving as a vital shield, providing protection and peace of mind for both you and your clients. - read more |
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| Cyber Liability and Indemnity: Mitigating Risk for IT Professionals
In an era dominated by digital innovation, understanding the crossroads of cybersecurity and indemnity insurance is more critical than ever for IT professionals. As cyber threats evolve with increasing sophistication, the concept of cyber liability has come into sharp focus, pinpointing the potential legal and financial risks associated with data breaches and cyber-attacks that professionals in the information technology sector may face. - read more |
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| Expert Tips for Comparing and Buying the Right Professional Indemnity Insurance
Professional indemnity insurance is an essential safeguard for practitioners and businesses that provide expert advice or services. This type of insurance helps to protect professionals against legal costs and claims for damages from an act, omission, or breach of professional duty in the course of their work. For Australian professionals, where litigation is increasingly common, it's a pivotal component of risk management. - read more |
| | Â | Â | | Professional Indemnity Australia :: Calculators |
Professional Indemnity Australia Financial CalculatorsProfessional Indemnity Australia is pleased to provide you with the following calculators
to assist you on your financial journey.
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Net Worth Calculator
Use this tool to establish your expected net worth ... i.e. where you SHOULD be financially now given your income and your current age.
If your actual net worth is higher than the expected value calculated using this tool, then you are considered a good 'saver' and 'investor';
If your actual net worth is less than your expected net worth, you may be spending too much income, and investing too little. |
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Life Insurance Calculator
Use this calculator to establish the amount of life insurance required to meet your financial objectives. |
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Income Protection Insurance Calculator
Use this disability income protection insurance calculator to determine the monthly disability income protection insurance benefit that you qualify for. |
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International Currency Converter
Use this calculator to establish the value of one international currency to another. All major international currencies included. |
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