Dear Subscriber,
The second half of this newsletter reminds you that you only have a week left to put your hand out for a free $1,000 from the government. But first some really great insurance tips.
Yours truly,
Christoph Schnelle
Adv Dip.FS (FP) EPA Acc Level 2
SMSF Specialist Advisor
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The 12 most Common and Costly Insurance Mistakes
When I review people’s existing insurance (life, income protection and trauma), most of the time they are either paying too much or the insurance they have is not right for them or only partly right.
Even when I research new policies for clients, there are big differences in what is on offer in terms of price and quality.
How can people check this out for themselves?
To answer this question we decided to write a booklet outlining the top 12 mistakes people make and provide options on how to remedy those mistakes.
I asked six other agents for suggestion and together we ended up with 32 common mistakes that we have seen in our work and what to do about these mistakes.
You can download the free booklet
The top 12 mistakes people make with their insurance here.
You can download the expanded version, which is also free
The top 32 mistakes people make with their insurance here.
Please feel free to pass the link or this newsletter on to your friends or direct them to our website where they can download the brochure themselves.
* * *
A small but very useful end-of-financial year way to get a $1,000 gift from the government if you do this by June 30th
If you fulfil certain conditions the government matches super contributions dollar for dollar up to $1,000 annually.
Making 100% on your money is often quite useful!
In the majority of families there is normally at least one person who is eligible.
It is especially valuable for those under 30 but it is available for everyone under 71 who meets the conditions.
Here are the conditions:
- Will you earn less than $61,920 in the 2010/2011 financial year before tax (individual assessable income, not household)?
- Do you earn more than 10% of your total income from being employed or from carrying on a business?
- Will you be under 71 years of age at the end of the 2010/11 financial year?
- Have you or will you lodge an income tax return?
- Are you a permanent resident, or citizen of Australia?
- Can you put up to $1,000 into super as an extra after-tax contribution? This could be via insurance premiums during the year or as a lump sum before June 30th.
If the answer is ‘Yes’ to all of them, then I recommend that you download the co-contribution flyer which can be found by clicking here and either proceed or call me for help.
You can do the government co-contribution every financial year.
This message was sent by Christoph Schnelle of In Your Interest Financial Planning.
Click here to email me or phone us on 1300 889 657.
