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Showing 151 - 160 of 525 results for "income protection"

MLC Life wins group insurance mandate

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
... 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 to be able to partner ...

Waiting periods cost 214% on premiums: Research

ELIZA BAVIN  |  FRIDAY, 15 NOV 2019
Premiums on income protection can be up to 214% higher if a member is defaulted into a shorter waiting period, research presented at the Challenger Financial Standard Technical Services Forum shows. Presenting at the forum yesterday, Rainmaker head ...

Life Company of the Year crowned

ELIZABETH MCARTHUR  |  FRIDAY, 15 NOV 2019
... home the award for trauma and critical illness protection. In the Life Company of the Year Awards MLC won for income protection, Challenger took home the annuity provider of the year, AIA won for term life and total and permanent disability cover and ...

Cbus enters corporate super

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... 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 the MySuper offering, according to the PDS, most members are eligible for insurance ...

Industry fund changes insurer

KANIKA SOOD  |  FRIDAY, 8 NOV 2019
An industry superannuation fund has swapped out Hannover Life as its provider for income protection cover, amid an overhaul of its insurance offering. NESS Super (New South Wales Electrical Superannuation Scheme) managed about $760 million in superannuation ...

Industry fund hikes insurance premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
... to the previous total of $234.52. WA Super members automatically receive both death and TPD cover as well as income protection cover upon joining. Under the changes, default income protection premiums have increased by 37% from $110.80 per annum to $151.80 ...

Integrity Life launches lifetime discount offer

ELIZA BAVIN  |  THURSDAY, 19 SEP 2019
... allow discounts on lump sum products is aligned with regulator and industry concerns on the sustainability of income protection. "As an insurer with a completely blank canvas, we are in the fortunate position of being able to play a role in building ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
... have allowed funds with cohorts of members employed in high-risk occupations to retain opt-out disability or income protection insurance arrangements. "It seems like a new coalition MP comes out every day with a way to trash superannuation," McBride ...

Life insurance leaders fear for industry

ELIZABETH MCARTHUR  |  FRIDAY, 30 AUG 2019
... as a whole was also discussed, with Clark saying: "We absolutely need to change. Guess what the loss was for income protection for the whole year? Over a billion dollars. This is broken." "It's broken for customers. They get the pricing increase. ...

Members still lack group insurance awareness: MetLife

KRISTI CHENG  |  THURSDAY, 29 AUG 2019
... 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 inside super did not ...