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Showing 111 - 120 of 433 results for %22TPD Insurance%22

Industry fund ups fees ahead of merger

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... the cost of insurance," the fund said. Members between the ages of 27 and 55 will see the cost per week of their death and TPD cover increase from $7.47 to $9.06. In November last year, MTAA and Tasplan announced the merger would go ahead to create a ...

MLC Life loses super fund mandate

KANIKA SOOD  |  MONDAY, 16 DEC 2019
... it took over as the default insurer for the fund as APRA made it compulsory for super funds to provide death and TPD insurance as a part of their MySuper offering. "We have had a strong relationship with the team at MLC Life Insurance, who have worked ...

Industry fund previews new insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
... line with the new cover. There will be no change to members' cover until March 31 and, from April 1, the level of life and TPD cover will remain the same. In addition to several other changes, new life event cover will be introduced, allowing members ...

Industry fund appoints new group insurer, ups indirect fee

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2019
... Hannover Life Re. The mandate change was effective September 28, with AIA now providing Intrust's members with death and TPD cover. Intrust Super chief executive Brendan O'Farrell told Financial Standard it was AIA's attention to detail and ...

Retail fund renews insurer, cuts premiums

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... Super has renewed OnePath Life for three years starting December 1. The mandate is for death, total and permanent disablement (TPD) and income protection (IP) cover. The fund is managed by Mercer and operates as a sub-plan of the Mercer Super Trust. ...

ASIC eyes claims handling

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
... with TPD come down to overly restrictive definitions. "We're concerned about unfair and restricted definitions in TPD insurance. This typically affects less secure, part-time and casually employed people the most, they end up with second-rate coverage," ...

Super fund bumps up premiums

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
... industry superannuation fund. As of this month, First Super and its group insurer MetLife have bumped up the cost of death, TPD and voluntary income protection cover. According to the fund, the increase is a fixed percentage increase dependent on age ...

MLC Life wins group insurance mandate

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
... insurer for Generali Employee Benefits (GEB) for its multi-national clients. The insurer will provide group cover for death, TPD and income protection, and access to its Best Doctors and Mental Health Navigator programs. "MLC Life Insurance is delighted ...

Cbus enters corporate super

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... insurance cover will automatically receive the cover they are eligible for and fixed cover equal to any additional death or TPD cover they already held. They will also be entitled to automatic income protection cover where applicable. Again similar to ...

Industry fund changes insurer

KANIKA SOOD  |  FRIDAY, 8 NOV 2019
... 35-39 age (roughly). "The same rationale has been applied to our TPD offering, that younger members do not claim on TPD Insurance and older members are likely to not need as much TPD insurance as they approach their retirement," the fund said. The changes ...