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Showing 121 - 130 of 440 results for %22TPD%22

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
... period of life when financial commitments are typically the highest (young children, mortgages etc)," it said. Similarly, the TPD cover is going down for younger and older members, except for the 35-39 age (roughly). "The same rationale has been applied ...

Industry fund hikes insurance premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
... the rise to increased claims and the Protecting Your Super reforms. A 45-year-old member with $220,000 in basic death and TPD cover will now pay 58% more for insurance, with their premiums jumping from $4.51 a week to $7.12. This includes a 12% administration ...

TPD riddled with issues: ASIC

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
... who pay for the cover can't rely on it when they need it the most. "Over 12 million Australian workers automatically pay for TPD cover through their superannuation to provide financial protection when they are so sick or injured that they can never work ...

Mental health tops TPD claims

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
... permanent disability claims have been revealed in new research, and mental health tops the list. Life insurers pay out more on TPD claims caused by mental health conditions than any other kind of condition, according to the latest six-monthly analysis ...

Senate secures members' interest changes

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... recognise that there are cohorts of members who work in at-risk occupations who will benefit from the protection of life and TPD insurance," Scheerlinck said. "Trustees will now need to work through how they will practically implement the dangerous occupation ...

Members still lack group insurance awareness: MetLife

KRISTI CHENG  |  THURSDAY, 29 AUG 2019
... financial services and super industry, not much has changed in the number of Australians that are aware they have access to life, TPD and income protection cover through super, MetLife said. Nearly 40% of super fund members who were aware they had insurance ...

Kogan Super launches

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
... conservative growth, indexed Australian listed property and indexed diversified shares. It also provides default death and TPD insurance for eligible customers. A member invested in the enhanced indexed growth option with a balance of $50,000 for example ...

Government super fund changes insurance terms, premiums

KARREN VERGARA  |  TUESDAY, 20 AUG 2019
... with its insurer AIA Australia. From 1 October 2019, members of GESB Super and West State Super will see changes to their TPD and salary continuance insurance (SCI). For death and TPD insurance changes, the terms 'sane or insane' will be replaced ...