Cotter Financial Services
P: 07 3333 2610   F: 07 3333 2601
  • Home
  • Services
    • Self Managed Super Funds Investments & Strategies >
      • What is a Self Managed Super Fund?
      • Who should have one?
      • Benefits and Advantages
      • How can Cotter Financial Services help with your SMSF?
    • Business Succession
    • Personal Life Insurance and Advice >
      • How much life cover should I have?
      • What types of life cover are available?
      • What types of life insurances will Cotter Financial Services recommend?
    • Redundancy Advice
    • Estate Planning
    • Maximise Centrelink Entitlements
    • Retirement Planning >
      • How much do I need to retire?
      • How can Cotter Financial Services help? >
        • When can I start an account based pension?
    • Aged Care Preparation Advice
    • Portfolio Management >
      • How do I know which investments are right for me?
      • How much risk should I take?
      • What sort of investments will Cotter Financial Services recommend?
  • About Us
    • Who are Fortnum? >
      • Fortnum Financial Advisors - Brochure
      • Charter of Independence
    • The Team
    • In the Media
  • Helpful Info
    • Blog
    • Account Access
    • Forms
    • Newsletters
  • Contact Us
  • Locate Us
  • Cotter Services

Personal Insurance - Are you covered?

25/11/2016

0 Comments

 
Picture
Feel the freedom of having your personal insurance sorted.
A recent report by Australian Securities & Investments Commission has found “significant shortcomings” with how claims are addressed in relation to life insurance.  A report in The Australian reveals the claims and success rates across insurance claims to be staggering.

“A claim on life insurance that was sold “directly” through an insurance website had a 71 per cent higher chance of being denied compared with a policy sold through an adviser. Group insurance claims, sold through superannuation, were 14 per cent more likely to be denied than a claim on an advised policy.”   The Australian

For more information regarding Business or Personal Insurance or for any financial planning advice, contact Cotter Financial Services on ph: 07 3333 2610.

For more on the report – head to the original article dated 24/11/2016 in The Australian HERE. 

The information provided is general in nature and does not take into account your particular investment objectives, financial situation or insurance needs; we therefore recommend you seek advice tailored to your individual circumstances before making any specific decisions.  

Cotter Financial Services and its advisers are Authorised Representatives of Fortnum Private Wealth Pty Ltd ABN 54 139 889 535 AFSL 357306 Australia Credit Licence No 357306 trading as Fortnum Financial Advisers.

Credit Source Original article:  http://www.theaustralian.com.au/business/financial-services/life-insurance-reforms-cause-stir-in-industry/news-story/d02a0cf1f3281e32754cb2d09d165592
0 Comments



Leave a Reply.

    Cotter Financial Services

    Keeping you up to date with current news

    Archives

    May 2017
    February 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    May 2016
    April 2016
    March 2016
    February 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    May 2015
    April 2015
    October 2014
    May 2014

    Categories

    All

    RSS Feed

Imagine a sense of control and security with your finances in order

Picture
Cotter Financial Services is a partnership between Cotter Services Pty Ltd ATF Cotter Family Trust & DFS (Ipswich) Pty Ltd
ABN: 79 508 591 058