Can I claim tax deductions on life insurance premiums?
Get ready to dust off those abacus skills, because tax time is on its way! But before you go into full panic mode, let me clue you in on a little secret: you might be able to claim a tax deduction on your insurance premiums. Let's find out when you might be eligible for a tax deduction on insurance premiums and when tax deductions don’t apply. So put down that calculator and let's get started!
Double super, zero worries: Ensuring superfund insurance continuity
Did you know that April 1 wasn’t just for pranks in 2020? Nope, there were some sneaky changes in the law that could totally impact your insurance in superannuation fund. And of course, no one's really talking about it. Read on before you encounter another surprise!
Be a blood hero: Donate blood and save money with Skye!
Hey there, bloody heroes! At Skye, we're all about making a difference and doing good in the world. That's why we're super excited to announce our special campaign in honour of Blood Donor Day on June 14th. Get ready to roll up your sleeves, donate blood, and enjoy some awesome savings along the way. Let's be heroes in more ways than one!
What you need to know about probate and why it is important to you
Losing a loved one is never easy. And as you navigate through the grieving process, there's another important task you can't ignore—sorting out their financial affairs according to their final wishes. That's where probate is important. Think of it as a way to make sure your love one's final wishes are respected. So, let's get this sorted, shall we?
Nifty tips to keep your cool and manage mortgage stress
Bloody interest rates are on the rise, mate, making it tougher for Aussie families to handle their finances. Don't sweat it though! We've got your back with some top-notch tips to help you wrangle that mortgage like a pro.
Avoid this trap when making super contributions
Oh the joy to see the sun shining, the beaches golden, and you are waking up in the retirement spot of your dreams! Look, we get it, talking about saving for that retirement isn't exactly thrilling, but with some careful planning, you could be on track to live out your golden years in style. This blog post is all about how you can level up your savings game while securing some great tax deductions. So keep reading...
Why do I have to fill out a super rollover form?
The way Skye sets up your insurance allows you to pay some premiums from your super, but doesn't require you to change your super fund.
Income protection insurance to age 65: Why short-term solutions aren't enough
Does life insurance feel like you're submerged in a sea of options? Well, we're here to throw you a life jacket and make it all easier. We're putting the spotlight on income protection insurance—more specifically, a benefit period up to age 65—as opposed to the 2 or 5-year benefit period your super fund might be offering. We'll explain why we believe a benefit period to age 65 is the bee's knees when it comes to protecting what matters most to you.
Teach your kids about money: Tips to raise financially savvy children
As a parent, it's your job to make sure the kiddos are financially savvy! Being money-smart can provide future freedom for them—so start 'em young and get teaching. So here are some tips on how you can help raise little budgeting boffins from an early age!
Skye Wealth’s licensee changes and what they mean for you
At Skye Wealth, we strive to provide the best financial planning advice to our clients. We're excited to announce that we've recently changed our licensee from Synchron to become self-licensed! We understand that you may have some questions about what this change means for you. So we've compiled some questions we've received about our licensee change:
Probiotics, gut health, and the link to your mental health and insurability
Have you heard about the connection between your guts and your brain? It's legit! Turns out, taking care of your gut health can benefit your mental health too. At Skye, we understand the importance of protecting what matters most, and that includes your physical and mental health. But did you know that taking care of your gut health can impact your mental well-being and, in turn, affect your insurability?
Unlock your dreams: Achieve home ownership with confidence through personal insurance & home loans
Are you looking to take your first steps on the property ladder? Do you dream of owning a home but feel overwhelmed by all the loans options and paperwork involved in making it happen? Don't worry—we've been there too!
Is trauma cover the same as income protection?
Ever thought about what would happen if you got sick and couldn't clock in at work? How would you pay your bills? And let's say it's not just a little flu, but a serious, life-changing illness. Would you be able to cover the medical expenses?
A tale of three policies: Why selecting insurance through super or direct from insurer is not always a good idea
Having adequate personal insurances is one of the keys to building strong financial foundations. Often when you hear people talk about personal insurance (think life or income protection insurance), they’ll say that it seems much cheaper to go through their super fund or directly to the insurance company, as opposed to engaging the assistance a financial adviser.
Young Families and Life Insurance: What You Need to Know
When you're fresh on the scene and still growing, it can be tricky setting yourself up to keep your family financially safe—but hey, that's what mums and dads are for right? With a bit of know-how from us, we'll explore how life insurance has got your back (literally!). In this article, we'll look at why every young family should consider getting some type of cover plus how to decide which one is right for you (without all the stuffy jargon). And lastly, let’s bust any myths surrounding life cover so there won't be any shocking surprises down the track!
What you need to know about duty to take reasonable care
Facts about your health disclosures when applying for personal insurance
What are the most common claims for income protection?
Let's face it, claiming on insurance can be a pretty daunting thought. But having income protection in your back pocket gives you that extra bit of security when life throws something unexpected at you. It pays to know you've got some cover if things take an unexpected turn, and that's when income protection can be a lifesaver.
What are exclusions and loadings on life insurance policies?
If you’ve ever applied for life or income protection cover and had rude shock of being told you’ll have an exclusion or loading and asked yourself, what the heck are exclusions and loadings, and why do I have them? Here's a quick rundown.
Why you need trauma insurance
Aussies are a tough bunch. We like to think of ourselves as being able to handle anything that comes our way. But the truth is, sometimes life throws us a curveball—which brings me to this next point about trauma insurance.
Insurance 101: Everything you need to know about life insurance
What exactly does "life insurance" entail anyway? Let’s get down to business as I try to explain the basics of what it is, how it works, the different types of policies available, and some of the frequently asked questions about it.