Not all providers in the market are included in our comparisons.
Also note, any information or advice given on our website is general. It hasn’t taken into account your objectives, financial situation or needs.
Any information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs. Before acting on any information or advice on this website, you should consider the appropriateness of it (and any relevant product) having regard to your circumstances and, if a current offer document is available, read the offer document before acquiring products named on this website. We recommend that you obtain financial, legal and taxation advice before making any financial investment decision.
Not all providers of insurance, mortgages, and credit cards on the market are included in our comparisons. The amount of any savings will depend on your circumstances.The products compared on this website do not necessarily compare all features that may be relevant to you. Comparisons are made on the basis of price only and different products may have different features and different levels of coverage.
Rate Detective Pty Ltd and its advisers operate as authorised Credit Representatives of BLSSA Pty Ltd ACN 117 651 760 Australian Credit Licence No. 391237. Rate Detective Pty Ltd is an authorised Corporate Credit Representative number 411336. Rate Detective and its advisers operate as authorised representatives of Affinia Financial Advisers Limited ABN 13 085 335 397 Australian Financial Services Licensee 237857. Rate Detective and its advisers are only authorised to advise and deal in Life Insurance, Income Protection, Total and Permanent Disability and Trauma Insurance.
We (including your adviser) may be remunerated in the following various ways for the financial services provided to you.
We will receive commission on any life insurance products your adviser arranges for you. This commission is built in to the cost of the insurance. The rate of commission varies between the different product providers but can be up to 140% of the initial premium and up to 40% of renewal premiums. Based on the 140% and 40% we would receive up to $1,400 upfront commission on an annual premium of $1,000 and up to $400 of each renewal premium.
Sometimes product providers will pay us bonuses based on the business placed with that insurer. The criteria for such bonuses are typically the volume of business placed and the level of retention of that business over time.
In the event that we receive a performance bonus it will be shared with your adviser. From that part of the bonus generated as a result of business written by your adviser, the adviser may receive up to 100% of that bonus (37.5% if you have been referred by an affiliate, with the affiliate receiving 12.5%).
We maintain an Alternative Benefits Register which contains information about any alternative forms of payment or benefits that may be received. Please let your adviser know if you have questions about or want to inspect this register. We may receive sponsorships from product providers which contributes to the professional development of our Authorised Representatives.
Respecting your privacy
Central to the success of Rate Detective (who act as authorised representatives for BLSSA Pty Ltd and Affinia Financial Advisers Limited) is our commitment to our clients.
We honour without reservation our obligation to respect and protect the privacy of the personal information of individuals with whom we deal.