Warning: Personal insurance is becoming impossible to get!

Personal insurances such as Income Protection, Life insurance and Total and Permanent Disability (TPD) are becoming impossible to get unless you are in perfect health. This change has occurred gradually over the past few years but has now reached the point that it’s become a real concern. This has a number of consequences which I discuss below. Insurers have a bad nameWe heard some shocking stories last year via the Banking Royal Commission about insurance companies including questionable and...