About this episode

Gemma Mitchell and Phil Thompson discuss key insurance topics and answer listener questions about claims, cover types, and a significant insurance dispute.

In this Australian Finance Podcast episode, your host Gemma Mitchell is joined by Phil Thompson from Skye Wealth to answer your biggest insurance questions. They cover: – How insurance claims actually work from start to finish – The difference between Any Occupation and Own Occupation cover – Whether you can claim Income Protection and Trauma Insurance at the same time – What exclusions, loadings and occupation ratings really mean – The truth about insurance commissions – Whether younger Australians should consider cover before automatic super enrolment – Why group insurance isn't always cheaper than retail cover – The $1.4 million insurance dispute that highlights the importance of disclosure Topics Covered – What happens when you make an insurance claim? – Understanding the insurance claims process from start to finish – Any Occupation vs Own Occupation TPD cover – Can teachers and other professionals rely on Any Occupation cover? – Income Protection and Trauma Insurance: Can you claim both? – How insurance commissions work – Should young Australians get cover before automatic super insurance starts? – What is an insurance exclusion? – What is a premium loading? – Can…

People in this episode

Host: Gemma Mitchell

Guest: Phil Thompson

Topics covered

• insurance claims process
• Any Occupation vs Own Occupation cover
• Income Protection and Trauma Insurance
• insurance exclusions and loadings
• insurance commissions
• group insurance vs retail insurance
• insurance dispute

Keywords

• insurance claims
• Any Occupation cover
• Own Occupation cover
• Income Protection
• Trauma Insurance
• insurance exclusions
• premium loading
• insurance commissions
• group insurance
• insurance dispute

Mentioned in this episode

Organizations: Skye Wealth

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