Classic Car Insurance
If you own a classic car or are an enthusiast with multiple classic models, it’s important to protect it with the right type of insurance. Classic car insurance is specifically designed to meet the unique needs of vintage vehicles, offering features such as agreed value coverage and flexible usage options. Whether your vehicle is 20 […]
Third Party Car Insurance
Third party car insurance is the most basic optional form of insurance you can buy in Australia. There are two main types of third party cover to compare when buying car insurance: Third Party Property Damage (TPPD) and Third Party Fire and Theft (TPFT). Find out the differences between them and compare a range of […]
Bronze Health Insurance
Are you considering bronze health insurance coverage, but unsure if it’s the right tier for you? While bronze policies provide a basic level of cover, it’s important to assess your personal needs and compare different policies before making a decision. At Savvy, we can help you compare a range of bronze hospital cover plans in […]
What Is My Benefit Code For Private Health Insurance?Â
A benefit code is a unique identifier which helps the Australian Taxation Office (ATO) identify the private health insurance coverage you’ve paid for in that financial year in relation to your age. The code is used to determine the amount of private health insurance rebate you’ll receive and is based on the age of the […]
Single vs. Couple Health Insurance
In Australia, health insurance options vary for individuals and couples, so it’s important to understand the differences between these types of cover. Single health insurance covers an individual’s medical expenses, while couples health insurance is designed for two people in a relationship, whether married or de facto. Find out the differences and the pros and […]
Minimum Health Insurance to Avoid the Medicare Levy SurchargeÂ
The Medicare Levy Surcharge (MLS) is an additional tax imposed on higher-income earners in Australia who don’t have adequate private health insurance coverage. But what is ‘adequate’ health cover, and what is the minimum policy I need to avoid paying the Medicare Levy Surcharge? Find out how much health cover you need to satisfy Australian […]
What Is A Co-Payment In Health Insurance?
In Australia, the term ‘co-payment’ is commonly used in the context of health insurance and Medicare, but not everyone knows what this term actually means. In simple terms, a co-payment is an additional out-of-pocket payment which is required before you can make a claim on your hospital cover policy. Savvy can help you unravel the […]
Can You Take Out More Than One Life Insurance Policy?
If you’re considering taking out a life insurance policy, you may be wondering if it’s possible to take out more than one policy. The short answer is yes, you can have multiple life insurance policies in Australia. However, there are some things to consider before doing so. You can explore how to buy multiple life […]
How to Find Out if Someone Has Life Insurance Australia
If you’re trying to find out if someone has life insurance in Australia, there are a few ways to go about it. Perhaps you’re an executor of a will, or you suspect that a loved one may have had a life insurance policy but didn’t leave any documentation. Whatever your reason, knowing how to find […]
Private Health Insurance vs. MedicareÂ
As an Australian, it’s important to understand the differences between private health insurance and Medicare. While both provide health coverage, they also have distinct differences that can impact your healthcare costs and access to services. If you’re unsure about how these two types of health cover differ, you can explore the benefits, inclusions and costs […]
Life Insurance vs. Health Insurance
There are many different insurance options available for you and your family to help cover you for a range of potential events. The two main choices Australians have for personal cover are life insurance and health insurance, and while they’re both important and each has a range of advantages, it’s worth understanding how they work […]
Life Insurance Surrender Value
A life insurance surrender value refers to the amount of money you could get if you decided to surrender your whole life insurance policy before it matured or before you passed away. Essentially, it was the cash value of your policy. The surrender value is calculated based on several factors, including the amount of money […]
