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Life insurance needs to prove value

Life insurance claims paid out billions of dollars to Australians last year. However, the industry needs to focus on creating awareness for its members as it is faced with negative sentiment, specifically around group insurance, the FSC Life Insurance Summit has heard.

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Read more: First State SuperFSC Life Insurance SummitDavid EvansGerard McDermottFinancial Services CouncilMetLifeNick KirwanPhil Fraser