AFRM CLAIM STORIES: Industry super fund takes 20 weeks to pay out a straight forward death claim

Posted by Bethany Shaw on 21 March 2017

Tags: , , , ,

claim storiesIndustry super fund takes 20 weeks to pay out a straight forward death claim

Read the full post

AFRM celebrates 20 years of service to their valued clients

Posted by Bethany Shaw on 16 March 2017

Tags: , , ,

2017 marks a significant milestone in AFRM’s history as the company celebrates twenty years of continued service on April 1.

Read the full post

Staff Retreat 2017 – March 4–7 - Melbourne

Posted by Damien Jones on 14 March 2017

Tags: , , ,

Why do we Retreat?

The first AFRM Retreat was held in 2005 at a time when the business expanded out of Newcastle with the opening of a North Sydney office. With a geographical spread of staff the Directors felt the need for all staff to come together once a year in order to share AFRM’s vision, learnings, business processes, experiences and team work to grow a business with the right principles and values. 

Read the full post

How do you determine your life insurance needs?

Posted by Bethany Shaw on 14 February 2017

Tags: , ,

how muchIf you need life insurance, it is important to know how much and what kind you need. Although generally renewable term insurance is sufficient for some people, you have to look at your own situation. As with investing, educating yourself is essential to making the right choice.

Read the full post

Could we be living in a cashless society?

Posted by Bethany Shaw on 8 February 2017

Tags: , ,

1611 NL TAL Living in a cashless societyIn 2015, Australia passed an important milestone. You probably didn’t even notice. But it’s something that, if the trend continues, could dramatically change the way you live.

Westpac reported that 53% of payments made in Australia were cashless. It is estimated that Australia will be cash-free as early as 2022.i

The Royal Australian Mint says there’s been a significant decline in demand for circulating coins. The Mint produced 20% fewer coins overall in the most recent year on record. The five cent coin was the least loved, with demand dropping roughly 35%.ii

If a world without cash seems inconceivable, you only need to look north to see what’s happened. In Sweden, they’re fast moving towards digital transactions only.iii In 2015, only 2% of payments (by value) were in cash. It’s legal to not accept cash at a store. The government is happy to promote its cashless society mandate.iv They explain that "even children pay with cards", and that vendors prefer not to handle cash for security and bookkeeping reasons.

Read the full post

Top 8 takeouts from the Life Insurance Survey 2016

Posted by Bethany Shaw on 19 December 2016

Tags: , ,

This survey, conducted by Adviser Ratings, attempted to provide insight into insurance claims by surveying those at the coal face of the claims process - financial and risk advisers. Advisers were also asked to rate and comment on group life and direct life policies, given many clients seek advice in relation to these insurers and their policies.

Read the full post

Meet adviser Rob Vitnell

Posted by Bethany Shaw on 8 December 2016

Tags: , , ,

Rob2We have a quick chat with Melbourne-based AFRM Adviser and General Manager Rob Vitnell. 

Read the full post

AFRM CLAIM STORIES: 49 year old receives over $1m due to back condition

Posted by Bethany Shaw on 22 November 2016

Tags: , , , ,

claim storiesAFRM helps client receive over $1 million following a degenerative back condition. 

Read the full post

Why are claims more successful if you have a good adviser?

Posted by Bethany Shaw on 10 November 2016

Tags: , ,

Questions Answered1. A good adviser knows what will work at claim time. Their advice and the policies they recommend will be purely based on this. It only pays to have insurance when it is the right insurance for you. And the right insurance is only right if you make a claim and it gets paid.

Read the full post

Who gets my money when I die?

Posted by Bethany Shaw on 20 September 2016

Tags: , , , ,

Understanding the difference between binding and non-binding nominations in your superfund

Are you confident that when you die you know exactly where your money will go? Many of us are unaware that it can be down to the trustees of our superfund who decide which of our dependants will receive our funds in the event of our death. 

Read the full post

  and  
  and