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Showing 141 - 150 of 512 results for "TPD"

Industry fund names new group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
... decade. The mandate was instead awarded to AIA, commencing January 1. Under the new arrangement, the cost of unitised death and TPD cover will change to age-based premiums. As a result, some members may see an increase to their premiums, while others ...

Super fund increases premiums

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
... New Year. Most QSuper members will see income protection cover go up 31%, while death and total and permanent disability (TPD) cover will increase between 40-45% from 1 January 2021. One exception, income protection cover for Queensland Police Officers ...

Club Plus announces insurance changes

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
... group. For example, those aged 31-45 will go from paying $1.95 a week to $1.70 on death cover, from 81 cents to 67 cents for TPD cover and from $2.76 to $2.37 a week for death and TPD. Those between 46 and 55 will next year pay $2.06 a week for combined ...

Sunsuper ups TPD premiums

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... billion super fund (at October-end) recently announced several changes to its insurance offering, which included updating the TPD definition AIA insured Sunsuper for life Corporate plans, and Sunsuper for life Business plans. Members with TPD cover who ...

Insurers must shape up on mental health: TAL

ELIZABETH MCARTHUR  |  THURSDAY, 5 NOV 2020
... main cause of making of making a mental health claim. Mental health claims are also much larger than other claim types. For TPD the average amount paid for mental health claims is almost 65% higher than the other claim. In income protection, mental health ...

Life insurers recognised for innovation

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
... For direct life insurance, NobleOak Life won the Overall Direct Life Insurance Excellence Award for 2020. It also won the TPD Award (My Protection Plan - TPD Option Rider), the Customer Service Award for Life Companies and the Income Protection Award ...

QInsure ramps up claims technology

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
... Claims in September 2019, which integrated and automated the workflow for claims across life, total and permanent disability (TPD), and income protection. Some of the functionalities included calculating payments automatically. Another is the Financial ...

APRA, ASIC release life insurance stats

ELIZABETH MCARTHUR  |  TUESDAY, 20 OCT 2020
... the latest data on life insurance claims and disputes, demonstrating the difference financial advisers make when it comes to TPD and trauma claims. ASIC's MoneySmart life insurance claims comparison tool has been updated with the latest data. The tool ...

Industry fund hikes income protection premiums

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... review of insurance arrangements - including the level of insured benefits, premiums, and terms and conditions - for death, TPD and income protection cover will be undertaken ahead of the new financial year and is expected to be effective from 1 July ...

ClearView pushes ahead with SFT

KARREN VERGARA  |  FRIDAY, 9 OCT 2020
... as normal," ClearView wrote. LifeSolutions Super holds policies such as accidental death, total and permanent disability (TPD), accidental TPD, income protection and income protection plus, for ClearView Retirement Plan members. Super Rollover enables ...