Search Results | Showing 1 - 10 of 518 results for "TPD" |
| | | ... claims increased to $555 million in 2025, up from $516 million compared to the prior year. Total and permanent disability (TPD) continued to be a significant cost driver, with $583 million paid in 2025, compared with $622 million in 2024. While slightly ... |
| | | | ... delayed death benefit payments to members. Some members were impacted by delays to death and Total and Permanent Disability (TPD) claims processing, having to wait more than 90 days. |
| | | | ... super funds, recorded mental-health conditions comprised nearly one in three group insurance total and permanent disability (TPD) claims in 2025, making them the number one cause of claims. Breaking this down further, mental health accounted for 25% ... |
| | | | ... against it by ASIC in relation to delayed death benefit payments to members. Some members were impacted by delays to death and TPD claims processing, having to wait more than 90 days. ASIC alleged the number of impacted members was closer to 10,000 - ... |
| | | | BUSSQ has increased the amount of default death and TPD insurance cover for eligible members aged 21 to 40, also increasing fees to match. The fund said insurance remains a core part of its commitment to help members protect themselves and their families ... |
| | | | ... "Following the review, there will be an increase in premium rates for death cover, and death and total and permanent disablement (TPD) cover. This change only affects your insurance premium - your insurance cover level remains the same." From 1 September ... |
| | | | ... delay, delay in following instructions and service-related issues the top issues members faced. Total and permanent disability (TPD) was the second highest reason super funds provided remediation at $2.9 million. The major issue in this category was ... |
| | | | ... executive director of superannuation, life and private health insurance Jane Magill said total and permanent disability insurance (TPD) in its current form is being tested by the sharp rise in mental health claims. Speaking at the All Actuaries Summit ... |
| | | | ... Regulators are putting the pressure on life insurers to manage problematic issues arising from total and permanent disability (TPD) products offered across the retail and group insurance channels, a recent roundtable heard. ASIC and APRA warned providers ... |
| | | | ... decision by AIA Australia and Hostplus over a refusal to pay a $1.466 million additional total and permanent disablement (TPD) benefit, despite recognising the member failed to declare an underlying health issue when applying for cover. The determination ... |
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