Higher premiums a problem, not a trend: AFABY ANNABELLE DICKSON | TUESDAY, 21 SEP 2021 4:15PMThe increase in life insurance premiums over the last few years are a problem that needs to be fixed rather than recognising it as a trend, according to AIA's chief executive. Related News |
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David Sharpe
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A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.
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Less policy holders means a smaller pool of insured people and so premiums have to go up.
The fear I have is there will be less Advisers proposing personal insurance and the trend will simply spiral.
Does the Minister care? Does the Minister have a solution?