Search Results | Showing 91 - 100 of 524 results for "income protection" |
| | | ... decrease. There will be different amounts of default death and TPD cover for members under 25 years of age, and income protection (IP) will better align with member salaries - the value of IP units will change to cover a salary of up to $1000 per unit. ... |
| | | | ... is changing the cost of insurance across the board at the turn of the New Year. Most QSuper members will see income protection cover go up 31%, while death and total and permanent disability (TPD) cover will increase between 40-45% from 1 January 2021. ... |
| | | | ... insurer OnePath. From 1 January 2021, members will see premiums on death, total and permanent disability and income protection cover reduce. Club Plus is also removing the insurance administration charge for insured members. The reductions are different ... |
| | | | ... get insurance. Many members will also see premium reductions, especially for death cover and, in some cases, income protection cover, chief financial officer Jason Sommer said. "As a profit-for-members fund, we only increase insurance premiums as a last ... |
| | | | ... types. For TPD the average amount paid for mental health claims is almost 65% higher than the other claim. In income protection, mental health claims are 70% larger than other claim types. The higher claims cost could be due to differences in occupation ... |
| | | | ... the TPD Award (My Protection Plan - TPD Option Rider), the Customer Service Award for Life Companies and the Income Protection Award (My Protection Plan - IP Cover). TAL took home the Term Life Award (Lifetime Protection). The new Debt Insurance Award ... |
| | | | Some retail AMP Life customers received a steep premium increase on their income protection policies recently. Customers in a legacy product from the life insurer were notified by letter or email that following a review of premiums, they would be paying ... |
| | | | ... which integrated and automated the workflow for claims across life, total and permanent disability (TPD), and income protection. Some of the functionalities included calculating payments automatically. Another is the Financial Services Council's ... |
| | | | ... market conditions this year. The material life insurance industry suffered losses of around $1.23 billion on income protection portfolios in the year to 30 June 2020. In addition, ClearView said it expects COVID-19 impacts will further drive a decline ... |
| | | | ... proposed merger with Cbus, Media Super has announced an increase in insurance premiums for default and non-default income protection. The premiums will increase from 1 December 2020 and will apply to members who receive automatic default income protection ... |
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