We have covered the major areas of personal insurance.

Everybody’s situation is unique – therefore there may be other types of insurances that may be appropriate for you. These may include:

• Keyperson insurance (for business)
• Mortgage insurance
• Public liability insurance
• Professional indemnity insurance
• Health insurance – individuals who earn over $90,000 and couples/families that earn over $180,000 (thresholds are relevant for the 2021-22 and 2022-23 financial years) pay an additional 1 - 1.5% of their income as a Medicare levy surcharge if they don't have adequate private hospital insurance cover. These thresholds increase by $1,500 for each child after the first child. For example if you had three children the family income limit would be $183,000.