We want to help you make the most from your financial products and services, So if you have any questions, or are looking for assistance to see how much you will receive each year, please contact our friendly customer service team today.
Some annual Cash-back examples
| Financial Product | Policy Value | Commissions | Cash-back |
|---|---|---|---|
| First Home Loan* | $250,000 | 0.2% | $500 |
| Home & Contents Insurance* | $1200 | 7.5%-20% | $240 |
| Superannuation | $40,000 | 0.5% | $150 |
| Car Insurance (1 Car)* | $800 | 7.5% | $60 |
| CTP (1 Car)* | $300 | 7% | $21 |
| Total | $971 | ||
| Estimated Yearly Cash-back | $676 |
| Financial Product | Policy Value | Commissions | Cash-back |
|---|---|---|---|
| Home Loan* | $350,000 | 0.2% | $700 |
| Super / Pensions | $100,000 | 0.5% | $500 |
| Car Insurance (2 Cars)* | $2,400 | 7.5% | $180 |
| CTP (2 Cars)* | $700 | 7% | $49 |
| Home & Contents Insurance* | $1,500 | 20% | $300 |
| Life Insurance | $1,820 | 15% | $273 |
| Health Insurance | $4,125 | 4% | $165 |
| Total | $2,167 | ||
| Minus Service Fee | $295 | ||
| Estimated Yearly Cash-back | $1,872 |
| Financial Product | Policy Value | Commissions | Cash-back |
|---|---|---|---|
| Superannuation | $400,000 | 0.5% | $2,000 |
| Managed Fund | $100,000 | 0.5% | $500 |
| Investment Property Mortgage* | $200,000 | 0.2% | $150 |
| Home Loan* | $100,000 | 0.2% | $200 |
| Car Insurance (2 Cars)* | $2400 | 7.5% | $180 |
| CTP (2 Cars)* | $700 | 7% | $49 |
| Total | $3,729 | ||
| Estimated Yearly Cash-back | $3,534 |
| Financial Product | Policy Value | Commissions | Cash-back |
|---|---|---|---|
| Pension Fund | $500,000 | 0.5% | $2,500 |
| Managed Fund | $300,000 | 0.5% | $1,500 |
| Home & Contents Insurance* | $1,200 | 7.5%-20% | $240 |
| Car Insurance (1 Car)* | $1,200 | 7.5% | $90 |
| CTP (1 Car)* | $350 | 7% | $25 |
| Total | $4,355 | ||
| Estimated Yearly Cash-back | $4,060 |
*Estimated yearly cashback assuming YourShare organises the Investment Property Mortgage and Insurance Policies.
Some single product examples
Below are some basic Cash-back examples for real clients. These examples are product specific, and not looking at how much in total averages clients can claim back across all their financial products and services.
A superannuation example:
Dave is aged 40 and has $81,000 invested in a superannuation fund, adding $791 each month. The trail on the superannuation account is 0.54% pa. YourShare has reduced Dave's initial commission from 4% to 0%, which adds an additional $31.65 to Dave's superannuation account each month.
Assuming conservatively that the Dave does not increase his monthly contribution amount and that funds grow at 7.5%pa, over the next 25 years:
the total yearly Cash-back received by the Dave will be $53,172 the savings in entry fees reinvested into the Dave’s account yields another $27,757
YourShare will save Dave $80,928
(and when the Dave rolls this over into a Pension the YourShare savings will keep accumulating)
A pension example:
Meredith is aged 58 and retired with $956,169 invested in a pension fund. She draw $5,500 a month from these funds. The commission on the pension account is 0.6% pa.
Assuming conservatively that funds grow at 7.5% pa, and Meredith continues to draw $5,500 a month from her pension each year to age 80, the total yearly Cash-back received by Meredith over this time will be $144,259.
YourShare will collect $144,259 for this client.
The year 1 collected by Meridith is be $5,461, Year 2 collected $5,497, Year 3 collected will be $5,537...
A investment fund example:
Lynne and David are aged 37 and 38, and have $265,000 invested in a managed fund , adding $100 a month to their investment. The commission on this managed fund is 0.44% pa.
We lodged the nomination with the fund manager and reduced the initial commission paid on all contributions from 4% to 0%. Meaning an additional $4 was added to Lynne and David investment account each month.
Assuming conservatively that Lynne and David do not increase their monthly contribution and the funds grow at 7.5% pa, and they cash in their investment account at age 65. Over the next 27 years the total yearly Cash-back received by the Lynne and David will be $107,803 The savings in entry fees reinvested into Lynne and David’s account yields another $4,552
YourShare will save Lynne and David $112,356.
A life insurance example:
Sarah and George are both aged 34. They have a life insurance each with the following cover:
Life cover - $900,000
Trauma cover - $250,000
TPD cover - $700,000
Premiums are $2,363.52 for George and $1,309.20 for Sarah.
The commission structure is level at 32% pa, and the insurance premium is stepped and increases each year.
If we assume conservatively that Sarah and George keep these policies until retirement at age 65, without amending the level of cover.
YourShare Cash-back in total over the next 10 years $17,621
YourShare Cash-back in total over the next 31 years $145,560
(Actual insurance premium amounts are available for years 1 – 10. Premium amounts for years 11-31 are conservatively estimated at growing 5%pa)
A car/home insurance example:
Brian and Dawn live in NSW and have home and contents isurance, and two car insurance policies through YourShare and CGU. These basic insurance policies amount to $4,725 a year in premiums. By taking these insurance policies out through us we are able to collect between 7.5% to 20% of the base premium they pay each year, or $945every year. As their premiums increase and decrease, so will the amount we are able to pull back for Brian and Dawn each year.
The value of their Cash-back service is currently $945 a year.
A home loan example:
Sue and David live in Queensland and have a home loan for $490,000. Sue contacted us after her sister joined in April 2011. As a result of the simple Home loan health check service we were able to show Sue and David how to save $58,783 off the life of their home loan, and after switching we are now collecting $980 every year towards Sue and David's Yearly Cash-back service.
Sue and David's repayments have reduced by $162 per month.
Plus the value of their Cash-back service is $980 a year
