Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 131 - 140 of 256 results for "Insured"

MLC Life Insurance upgrades underwriting

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2017
... income protection limits for new medical professionals. High value clients can now also now take advantage of higher sum insured amounts across all benefit types. "We are committed to providing advisers and customers with products and services that meet ...

Top 10 superannuation stories in 2016

STAFF WRITER  |  WEDNESDAY, 21 DEC 2016
... clients change providers. The researcher highlights ASFA analysis which shows more than 70% of the life insurance sum insured is now distributed through superannuation funds. This has been steadily increasing in recent years and is arguably approaching ...

Former Westpac planner banned

JAMIE WILLIAMSON  |  TUESDAY, 29 NOV 2016
... advice strategy that did not tailor advice to clients' personal and financial circumstances, and led to clients being over-insured with an inappropriate level of premiums. Bishop was also found to have made one misrepresentation concerning tax savings ...

Cooper defends BT life insurance figures

ALEX BURKE  |  MONDAY, 17 OCT 2016
... comparing policies. "In BTFG's case, for example, the data includes some claims which were lodged by people who were not insured with us at the time of their injury or illness, and some claims by customers who were paid under other parts of their policy ...

Advisers urged to meet challenges together

DARREN SNYDER  |  THURSDAY, 6 OCT 2016
... insurance, funeral plans and health insurance to customers. "It was simple. Your purpose was to sell insurance cover. Sums insured were not big and you were paid a commission for the work you did," Kent said. "There was no statement of advice. There ...

NAB and Nippon Life complete sale

DARREN SNYDER  |  TUESDAY, 4 OCT 2016
... Insurance. MLC Life Insurance and Nippon Life Insurance Group have over 250 combined years [in business] and 12.4 million insured customers." "MLC Life Insurance will continue to be Australian-led and managed with over 1100 dedicated life insurance employees. ...

ClearView updates LifeSolutions suite, increases premiums

KERRIE SYDEE  |  MONDAY, 12 SEP 2016
... fee from all cover types. As a result the base premium rates have been adjusted as well as a small increase to large sum insured discounts for lump sum cover. In a statement Clearview said the life insurance industry had "consistently lost money on retail ...

Consumers turning to the internet for advice

KERRIE SYDEE  |  FRIDAY, 10 JUN 2016
... funeral insurance, trauma cover and total and permanent disability cover. We are also seeing an increase in the maximum sum insured value, an increase in the number of funds offering guaranteed future insurability and premium waiver under certain conditions." ...

Group insurers at mercy of a handful of super funds

MARK SMITH  |  TUESDAY, 7 JUN 2016
... clients change providers. The researcher highlights ASFA analysis which shows more than 70% of the life insurance sum insured is now distributed through superannuation funds. This has been steadily increasing in recent years and is arguably approaching ...

Government releases draft life insurance regulations

ALEX BURKE  |  FRIDAY, 8 APR 2016
... proposed clawback arrangements would not apply. These include where a policy is automatically cancelled due to the age of the insured, where the insured commits suicide or where premium rebates are offered to encourage customers to take up policies. ...