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Showing 101 - 110 of 256 results for "Insured"

Advisers losing female clients

ELIZABETH MCARTHUR  |  THURSDAY, 6 JUN 2019
... her first house at 21 - becoming a financial adviser by 25. However, after her husband's death she found herself under-insured and in debt. The experience inspired her to build her business, DLP Life Design, with the express purpose of helping people ...

Quirky SMSF investments unveiled

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
... nitrogen and is more tradeable than bullion, LaGreca said. "Like any SMSF asset, it needs to be professionally stored and insured, so these costs need to be factored against any capital growth forecasts," he said. One SMSF invested in industrial-grade ...

Survey says no to subsidising life insurance for genetically at-risk Aussies

HARRISON WORLEY  |  MONDAY, 10 DEC 2018
... insurers strike the right balance between acting in the interests of those with adverse test results and the rest of the insured community. "Australian life insurance policies are for the very long term and can last for 40 or 50 years or more. The industry ...

Productivity Commission counters group insurance research

KARREN VERGARA  |  MONDAY, 29 OCT 2018
... commissioned within four years to evaluate initiatives and consider necessary policy intervention. Of the 12 million Australians insured for life, TPD and income protection via their superannuation, the Commission estimates 17% of these members have ...

AMP defends charging dead clients

HARRISON WORLEY  |  THURSDAY, 4 OCT 2018
AMP has defended its practice of charging premiums to dead life insurance customers in a submission to the financial services Royal Commission. The wealth manager continued to deduct life insurance premiums from a deceased customer, even after AMP has ...

Royal Commission tables life insurance policy questions

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
... private investigator. This begs the question if life insurers should be prevented from engaging in surveillance of an insured with a diagnosed mental health condition or is making a claim based on a mental health condition? "If not, are the current regulatory ...

CommInsure, TAL engaged in troubling conduct: Royal Commission

KARREN VERGARA  |  MONDAY, 24 SEP 2018
... she said. During TAL's testimony, general manager of claims Loraine van Eeden conceded the life insurer's response to an insured person who had a legitimate mental health claim was "deeply troubling." This involved a series of wrong decisions made by ...

BT overhauls life cover limits and definitions

JAMIE WILLIAMSON  |  WEDNESDAY, 29 AUG 2018
... increased to $2.5 million and the limit on living insurance has been raised to $1.5 million. BT has also increased sum insured limits for other occupations under its Professional Package, such as doctors and accountants. Further, BT is streamlining the ...

Discriminatory bank regulation hits super savings

JAMIE WILLIAMSON  |  WEDNESDAY, 22 AUG 2018
... accounting methods, the centre argues that those methods are incorrect anyway. As APRA has first claim on amounts paid out to insured depositors of a failed bank, the risk to the budget or taxpayer of there being inadequate remaining assets for APRA ...

Powered by Lloyds and KPMG, insurtech offers cybersecurity insurance

KANIKA SOOD  |  MONDAY, 28 MAY 2018
... attackers' bank accounts, causing a real strain on the SME's cashflows. "The issue with these attcks is that SMEs are not insured for this and recovery of the stolen funds from the banks is largely not viable," Smith said. The insurance includes ...