Adventure Ausrama Blog

Life insurance is a con. We all know that. They take your money. Then when you make a claim they force you into court to make you back down or run you up a huge legal bill. I cashed my life insurance in when they stopped paying the share investment bonus that doubled what you paid in. Now if you close the policy you get back "less" than you paid in premiums. No one is perfect out there, so when they say they will make people have genetic tests before they can take out a policy you should be afraid. The big three insurers say they have not had one complaint from consumers so far. Unfortunately, the ones who had genetic tests have not made any claims yet. There will thousands of complaints when the insurance companies fail to pay out. Thankfully, you cannot be forced to have a genetic test currently. However, you must hand one over if you have already had one - by law. Just why the government made giving up private information compulsory under force of law is a myster...

Though the protected bars on the front of rural vehicles is called a bull bar, it was originally designed to stop damage from hitting a kangaroo. These animals are as common as muck in Australia. Indeed, they are a native pest if ever there was one. Countless kangaroos invade farms all the time eating grass meant for food animals and drinking water pumped out of the ground. It is unusual for a driver to hit a wandering cow. Because they are valuable they are generally safely penned in. On the other hand, kangaroos wander freely. If they can't jump over a fence they will run through it. Several years ago I saw the remains of a kangaroo paw hanging from a fence wire. Obviously, the animal had survived and bounded on his way. Volvo Australia is studying kangaroo behavior on the roadside. They intend to fit a radar sensor to cars that will scan the road ahead. When a kangaroo is detected directly ahead within contact range the brakes will be automatically applied to a...

The car insurance industry needs a shakeup. There is disgusting bias by insurance companies. It is like the police policing the police. Why are insurance companies allowed to judge blame in accidents when a particular outcome benefits them? If shared blamed is decided upon by the insurance companies of both parties involved in an accident, the insurance companies keep the $600 excess paid by the drivers. This is a shocking state of affairs. An independent tribunal should be set up to judge the fault outcome of motor vehicle accidents. It is absurd to leave decision making in the hands of an involved party, namely insurance companies. An aggrieved party can appeal to the insurance company itself. The outcome is certain - the appeal will be turned down. Apart from the Small Claims Tribunal there is not much an insured person can do. If a party is uninsured an insurance company will write a letter to the insured person saying that due to insufficient evidence he/she ...

The government intends to ruin Australia's private medical insurance system. With privatization Medibank Private Health Insurance will become like all the other funds. The Commonwealth bank was once owned by the government. it is now just another bank. At the moment Medibank has two "branches". One (Medicare) refunds part of the fee charged by specialists, blood tests and various bills from hospitals. The other is a private health insurance fund. There is a problem here, however. Medibank and Medibank Private are both registered names held by the federal government. How can a public company and a private company use the same business name? One of these will have to change its name. People are being offered shares in Medibank Private. How long can this be allowed to continue? Isn't it illegal? Future shareholders must be told what will be done about this. A change in name will have a disastrous affect on the value of shares. There is no doubt that Medi...