Welcome to Insurance Melbourne, a site set up specifically to showcase the best Insurance Brokers in Melbourne.

The world of insurance and insurance brokers can be a scary and unknown place. For those of us that don’t really know much about insurance, all the different types of policies, the array of companies and most of all, how to best make sure that we are adequately insured.

My husband and I have only recently married and we’re thinking about starting our family. Also, we have just started up a new business venture and all these major changes in our lives have made us realise that we need to get our financial lives in order. One of those important tasks is to make sure that we have adequate insurance for our particular situation.

It can be a daunting task wading through all the new terms, assessing your risk, getting quotes and comparing prices and products. You’re faced with the prospect of looking from home and car insurance, life insurance, income protection, health insurance right through to business and travel insurance and everything inbetween!

It was because of my own experience with all these new terms that I decided to start this Insurance Melbourne site and hopefully make the process of getting cover a little easier for others. After trying to sort through all this myself (bit of a control freak unfortunately I realised that the only way I was going to get through all this was to go through an insurance broker.

The insurance brokers job is to act as a link between yourself (the client) and the many insurance firms. They work to offer you different types of insurance such as life insurance, health, home, contents and auto insurance, based on your individual needs and circumstances.

The challenge for the insurance broker is to offer the best/most appropriate packages and policies in a clear and systematic manner so that there’s no confusion or doubts. They need to explain the importance of insurance as it pertains to the clients situation and how the products that they are offering are better than other products.

But why is Insurance Melbourne important?

If you die tomorrow, could your spouse or family, pay for all your funeral costs, organise all your financial affairs, pay off all your debts and continue in their current standard of living if you were no longer around to bring in an income? Thinking about these things is what makes you realise why life insurance Melbourne is important.

If you were seriously injured would you, your spouse or family be able to pay for all your hospital costs, ongoing treatment and time off work, while still paying for all the living costs for you and your family until you are fully recovered. And what if you never fully recover? This is why Total Permanent Disability insurance can be important.

If you are injured and are unable to continue working are you able to still pay off your debts and maintain the standard of living that you currently have? This is why you need income protection insurance.

If you had a car accident and it was determined that the accident was your fault, could you replace your car and pay costs of any other damage you cause in the accident? Car insurance Melbourne.

Insurance Melbourne is about helping you to protect yourself and your family.

It may make you feel morbid to think about these things, but by putting insurance in place it means that you can stop worrying about these things and know that you have taken the steps to properly protect you and your family from the financial devastation that usually accompanies these tough and horrible events in your life. It is an unfortunate fact of life that these things happen.

Just look at the devastation that those in Christchurch and Japan have gone through. It wasn’t anyone’s fault, but for those that had the appropriate insurance in place, the financial impact on them is not as large. I’m sure the people of Christchurch have enough to worry about without the huge amounts of stress that come with worrying about how you’re going to feed your family or even get them into a warm and dry place to sleep.

Insurance Melbourne is here to help you find the right broker to find the RIGHT insurance for YOU and your family.

Life Insurance Melbourne

As you get your finances in order for you and your family, what importance do you put on life insurance plans? Here at Life Insurance Melbourne, we worry about finding the right insurance policy for you… so that you don’t have to.

You can feel healthy and well for now, but have you thought about what would happen if something tragic should happen to you? If not, you’re not alone. Many people do not think about life insurance when they are young, they think they have many years before it becomes a problem.

Unfortunately, accidents happen every day, taking lives. Consider what would happen if you were to die tomorrow. Your family may be stuck with a lot of expenses that they must handle on their own

Funeral

Did you know the average funeral costs about $ 10,000? It has a lot of money for your family to come up with when they are also forced to adapt everything else to pay the bills of families. Even if you’re not the type who does not want a funeral, and would like a simple burial or cremation, you can still run into thousands of dollars to take care of all expenses until the end. (Sorry to be so morbid and this is only the first point!)

Family Fundamentals

Most households have two people working to pay the bills these days. If your house is, you may wonder how you could survive if you had to pay everything yourself. This is the exact situation that you can put your family in if you die. Worse, if you are one of the fortunate families where someone works, while the other watches the kids, and you are working member of the family, what would happen to your family if they were suddenly not have the money coming in.

House Payments

Do you own a house free and clear? Most people do not. So if you were to die, the money to help pay for the monthly mortgage or rent, goes when you do. This means that the spouse and children if you have them, are left with the burden of trying to find the money each month.

Other Debts

You may have debt that will still need to be paid even after your death. Credit card or other retail debt still needs to be paid and it will fall on your next of kin to do so.

Obtain coverage

Now that you know you need some insurance to help your family, you must decide what type of policy coverage you want. First, if you have coverage. If you work for a company, you may already have signed up for a policy that they pay. Often, these are the policies that are only $ 10,000 or more, but these are sufficient to pay expenses.

Then consider what to do for your family to continue without you. This is what you need to make sure that your policy covers. Maybe you want to make sure that the house would be paid and have enough to live comfortably in a year or two.

Life Insurance Melbourne helps you find the right cover that suits you and your family and takes into consideration your personal situation.

It can be a very confusing time when you first start looking into life insurance. Life insurance salesman haven’t exactly got the best reputation, but despite what pre-conceived ideas we may have about insurance, it’s not something that should be ignored and is a very sensible part of a good financial plan.

Terms such as: cash value, death benefit, term insurance, group life insurance, universal life insurance, terms, policies, benefits and premiums are enough to dazzle anyone. That’s why it’s important to do your research before just taking on any cover.

There are many life insurance companies here in Melbourne and this site has been set up to help you find one that you feel comfortable dealing with. Finding a life insurance plan that you can afford, and covers you for the things that are most important to you. Life Insurance Melbourne is here to help.

How can income protection insurance Melbourne help me?

There are many reasons why so many people in Australia have opted to purchase income protection insurance. Some of the top reasons are:

1. With such a high percentage change of you becoming injured though out your lifetime, it makes for a sensible option to have income protection insurance. Depending on the severity of your injuries, chances are you will not be able to work while you recover, or even worse, you may not be able to work again. Income Protection Insurance Melbourne can help you relieve some of the financial stress caused.
2. Many Australians have a disability insurance plan through their employer, but unfortunately, not all these policies offer complete coverage. In fact, many Aussie employees are misled by what their disability insurance policy through their employer actually provides. The only way to bridge the gap between a workplace insurance policy and needs that need to be met is to obtain an income protection insurance policy.
3. Most of the time, losing your health is totally unpredictable and unexpected. This is why it’s so important to purchase your policy while you are still fit and healthy, and preferably while you are still young. Most banks will not lend money to an Aussie that is on long term disability, so obtaining an income protection policy while healthy is the smartest move to make.
4. Any Aussie with dreams of pursuing goals, maintaining their standard of living, or even improving their standard of living should obtain an income insurance plan. This type of policy helps helps you be rest assured that your way of life will be maintained even after an unfortunate accident or illness that prevents you from being able to work.
5. Income protection insurance is particularly important for those that are self employed. When an Aussie is self employed and does not have income protection, they leave themselves completely exposed if they become injured or ill.

Some people find themselves uninsurable. One of the number one reasons to obtain income protection insurance is so that adequate coverage will be there if you become injured, ill or uninsurable. An income plan is customizable, allowing it to fit the needs and wants of any Aussie that obtains one. Insuring yourself (and your income) is the most valuable thing you can do.

Buying an income policy allows you to not gamble on your future. It allows you to rest assured that you will be financially protected if the unfortunate occurs, such as an illness or accident.

Here at Insurance Melbourne we aim to provide you information about income protection insurance available here in Australia and provide you with links to the companies that provide this service.