self-insurance

1. 15 March 2018

   Insurance – why I prefer stepped premiums over level premiums

   As a general rule, I say "no" to level premiums for personal insurance. Your insurance needs should reduce over time, so if you select level premiums, you may end up locking yourself into unnecessary…

2. 18 June 2017

   Weekend reading (17 & 18 June 2017)

   A round-up of personal finance pieces worth reading this weekend. Liz Koh on how excessive frugality can be as corrosive as over-spending. Susan Edmunds on cutting insurance costs. Martin Hawes on the…

3. 12 May 2017

   Your insurance needs should reduce as you get older

   I'm a HUGE advocate for insurance — most working people should carry some. But I'm also a big advocate for self-insuring where you can, and a message I don't see often enough is that your insurance ne…

4. 25 May 2016

   Not all types of insurance are equal

   I'm an advocate of many forms of insurance, but not all of it is equally useful. It tends to earn its keep against low-probability, high-impact events — things that would otherwise be financially cata…

5. 1 July 2015

   What should you consider when determining how much insurance cover do you need?

   Working out how much life, TPD, and trauma cover you need is both simpler and more complicated than it looks. Two clients with identical objective circumstances can legitimately want different amounts…

6. 6 February 2015

   Do ALL people need life, trauma, TPD, or trauma insurance? No. Do MOST people need insurance?

   Do ALL people need life, trauma, total and permanent disability, or income protection insurance? No. Do MOST people need insurance? Yes. These policies are typically about making sure the people who d…