CPI, it's simple, right?
Most reading this in context of insurance would agree.
Maybe not if you're in the financial planning space, but that's not my area of expertise so I'm ignoring the much larger picture in that direction.
I'm talking about CPI with respect to life insurance and, more specifically, income protection claims.
Sure, the simple answer is to tick the box for CPI increases on the policy anniversary and tick the box for CPI increases...MORE»
Appalling agency application processesThursday, October 3rd, 6:13AM
You'd think that with all the talk about licensing and managing advisers, insurers would have gotten their act together and sorted their systems to account for and address the various demands of their business and the new rules. Nope! MORE» |
Be clear in explaining unfunded medicinesThursday, September 26th, 6:51AM
Jon-Paul Hale says when an adviser is talking to clients about medical insurance, they need to be very clear about how unfunded medicines are covered. MORE» |
The messed up world of income protection structures
You may have noticed that we now have to age 70 as an option for the payment term on income protection.
MORE»The two-year wait advice problem
From time to time, I come across a particular advice situation that looks good on the surface but has some serious outcome risks for clients.
MORE»The positive that we do
Many people reading my articles might think I'm grumpy and cynical, and sure, what you see here usually points out some problem or issue.
MORE»The Case for Simple Life
I talked about the case for Golden Life, which is one for life coverage and funeral planning. This is about the other benefits, risks, and needs.
MORE»When to use a Golden Life policy and changes that could be made
Funeral plans are no longer a viable product, mainly because they have been deemed unreasonable contracts. One alternative is a Golden Life policy. Jon-Paul Hale explains.
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