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Showing 11 - 20 of 31 results for "Income protection premiums"

Industry fund hikes income protection premiums

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
Ahead of its 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 ...

Corporate fund overhauls admin fees, premiums

ELIZABETH MCARTHUR  |  MONDAY, 28 SEP 2020
... fund has reduced death, total and permanent disability (TPD) premiums and administration fees - but income protection premiums will rise. Mercy Super reduced admin fees for super accounts from $1.10 a week plus 0.30% of account balance per annum (capped ...

Industry fund hikes premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 9 SEP 2020
... many years, and so, despite the increase, we expect our rates will remain competitive," Intrust said. Income protection premiums will not change, the fund said. Intrust's group insurance is provided by AIA Australia and has been for the last 12 months. ...

Hostplus ups income protection premiums by 73%

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
The $45 billion industry fund for hospitality, sport and tourism has increased optional insurance premiums for some members by up to 73.7%. Non-default salary continuance insurance premiums for Hostplus members will increase from 1 October 2020. Salary ...

PMIF sees premiums rise for first time in 12 years

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 APR 2020
... ESSSuper put insurance premiums on death only and death and total and permanent disability up by 5%. Income protection premiums will remain unchanged for ESSSuper members. "Following a review of our insurance premiums and as a result of the insurance ...

AIA income protection premiums jump

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
Premiums for retail income protection policies with insurer AIA have climbed substantially over the last two years. One AIA Priority Protection policy sighted by Financial Standard had a 27% increase from 2018 to 2019 and then a 32% increase from 2019 ...

Super fund bumps up premiums

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
... professionals were charged $3.84. These members will now pay $5.15 and $4.66 per week respectively. Voluntary income protection premiums have also risen, going up by 4.2%. First Super said the changes are the result of the Protecting Your Super legislation ...

Industry fund hikes insurance premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
... both death and TPD cover as well as income protection cover upon joining. Under the changes, default income protection premiums have increased by 37% from $110.80 per annum to $151.80 per annum for a 45-year-old member. The amount of cover in both instances ...

Super figures point to NSW victory

HARRISON WORLEY  |  WEDNESDAY, 5 JUN 2019
... country Lifecycle products among the top 10 Average fees Default death and TPD insurance premiums Default income protection premiums Starting with the number of MySuper products ranking inside the top 10 across the nation, it's a complete bluewash ...

CommInsure, TAL engaged in troubling conduct: Royal Commission

KARREN VERGARA  |  MONDAY, 24 SEP 2018
... deducted premiums from the paraplegic member but weren't covered by the policy. Further, Rest deducted income protection premiums from unemployed members who were unable to claim on policies, and failed to have sufficient systems in place to detect when ...