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Showing 161 - 170 of 513 results for "TPD"

Adviser demands answers from Media Super

ELIZABETH MCARTHUR  |  TUESDAY, 8 SEP 2020
... His message to Griffin said one of Media Super's members, a client of Johns', was at risk of suicide after having a TPD claim through the fund (with group insurer Hannover Re ) declined. Following the declined TPD claim Johns sent a full appeal. ...

Super fund expands investment exclusions

ELIZA BAVIN  |  FRIDAY, 4 SEP 2020
... new or existing," HESTA said. Additionally, the fund said it has removed the pandemic exclusion that was included in death, TPD and income protection cover. "Our insurer previously had the right to invoke a clause to exclude the payment of death benefits ...

Hostplus ups income protection premiums by 73%

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
... the premium rates that will apply from October. "The use of this payment has enabled us to maintain the current death and TPD premium rates and limit the increases to the non-default salary continuance premiums as much as possible," it said. The fund ...

Sunsuper announces investment, insurance changes

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... changes to its investment fees and costs, transactional and operation costs and the definition of Total & Permanent Disability (TPD). Effective 1 July 2020, Sunsuper updated their fees and costs. Overall, the fees and costs for most options decreased ...

Law firm slams insurer mental health policies

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
... financial technology Jane Hume said she supported reform on the handling of mental health claims. "Rather than having lump sum TPD claims, maybe there is a way life insurers could pay out for treatment rather than a lump sum? I have heard someone say ...

FSC reveals life insurance data

ELIZA BAVIN  |  TUESDAY, 28 JUL 2020
... accounting for 20%, whereas for women it's the third most common cause at 7% of female deaths. For total permanent disability (TPD) claims, mental health disorders top the list for both men and women at 24% and 27% respectively. Similarly, accidents ...

Hume calls out ERS fake news

ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
... that COVID-19 was likely to have a serious mental health impact over the short and long term. "Rather than having lump sum TPD claims, maybe there is a way life insurers could pay out for treatment rather than a lump sum? I have heard someone say that ...

Research slams ADL definition

ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
... superannuation advocacy arm of CHOICE, has highlighted how difficult it is for people to claim total and permanent disability (TPD) insurance under the activities of daily living (ADL) definition. The research found the use of ADL definitions has declined ...

Insurance premiums soar at Qantas Super

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
... double for some members. All insurance premiums are calculated per $1000 of cover. For those 30 years and younger, death and TPD will rise from $0.56 to $0.61 pa. For those aged 31-45 premiums will rise from $1.06 pa to $1.49 pa. In the 46-50 bracket ...

Industry fund ups insurance premiums

HARRISON WORLEY  |  THURSDAY, 25 JUN 2020
... Interests First laws. This has also impacted insurance costs." From August 1 the annual cost for one unit of combined death/TPD cover will be $75.09. For death only, members will pay $43.28 per unit each year. According to the fund's most current insurance ...