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Showing 51 - 60 of 441 results for "TPD"

Occupational exclusions under scrutiny

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
... consequences where a member changes occupation, Hume said. The review will focus on life and total and permanent disability (TPD) insurance which trustees are required to provide to their MySuper members. Hume said default insurance offered through MySuper ...

Cbus changes insurance premiums

JAMIE WILLIAMSON  |  FRIDAY, 27 AUG 2021
... premium prices across its manual, electech, non-manual and professional categories which will kick in from October. Cbus said TPD claims in its highest risk category, the manual occupation category, have increased significantly in recent years. Around ...

Data to improve TPD outcomes: ASIC

ANNABELLE DICKSON  |  MONDAY, 2 AUG 2021
... previously flagging concerns including declining claim rates, withdrawn claims and poor claims-processing times. ASIC's Report 696 TPD Insurance: Progress made but gaps remain outlines the areas that need improvement from the nine life insurers that ...

Lying rife in life insurance applications

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
... research, Rice Warner showed that underinsurance costs the government $57 million for life insurance and $1.26 billion for TPD; people without life cover or who are underinsured are more likely to draw on welfare. The report said life insurance provides ...

FSC launches DDO templates

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
... design and distribution of products. Templates are available for life insurance; income protection insurance; trauma insurance; TPD insurance; superannuation master trusts (choice products); superannuation wraps; funds management (covering ETPs and LICs) ...

BT Super for Life ups insurance premiums

KANIKA SOOD  |  TUESDAY, 6 JUL 2021
... will increase the cost of its standard life insurance cover by 13.1% from August 1. The standard cover includes death and TPD. As an example, a 34-year-old male member of BT Super for Life previously paid $11.41 each month for one unit of cover ($100,000). ...

Life insurance drives economy: Research

ANNABELLE DICKSON  |  TUESDAY, 6 JUL 2021
... Warner research also showed that underinsurance costs the government $57 million for life insurance and $1.26 billion for TPD;people without life cover or who are underinsured are more likely to draw on welfare. The report said life insurance provides ...

Concern for consumers ahead of YFYS

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
... Under the reforms, workers will have one default fund that follows them from job to job. "Some total and permanent disability (TPD) and life insurance policies are industry or employer specific," Slater and Gordon practice group leader Sarah Snowden ...

Premiums to increase at ESSSuper

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... services based in Melbourne, informed members in its accumulation plan that the cost of death and total and permanent disability (TPD) cover will increase. Death per unit cost increased from $0.525 to $0.5450 (up 4%). Death and TPD per unit cost increased ...

PPS Mutual launches member offer

ANNABELLE DICKSON  |  MONDAY, 17 MAY 2021
... a current income protection policy with PPS Mutual can now apply to add or increase life, total and permanent disability (TPD) or trauma cover without providing medical evidence. Under this offer, members can receive maximum life cover and TPD cover ...