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Showing 191 - 200 of 570 results for "Income Protection"

Industry fund previews new insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
... all members aged between 18 and 70 years. Members will also be able to transfer any existing death, TPD and income protection cover they have into Rest, even if it's not with a super fund. Rest will also change its default income protection benefit period ...

Politician urges Treasurer to protect advisers

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
... areas that are relevant to their clients. Steggall requested: "That risk advisers who deal only with life cover, income protection, trauma cover etc. need not participate in areas covered in the new courses such as financial markets, financial products ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... environment life insurers were operating in, and said there was "no simple solution to the very poor experience of income protection business". "The extensive regulatory changes for life companies are impacting the expense line and investment budgets ...

Retail fund renews insurer, cuts premiums

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... Life for three years starting December 1. The mandate is for death, total and permanent disablement (TPD) and income protection (IP) cover. The fund is managed by Mercer and operates as a sub-plan of the Mercer Super Trust. It had about $670 million ...

Super fund bumps up premiums

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
... of this month, First Super and its group insurer MetLife have bumped up the cost of death, TPD and voluntary income protection cover. According to the fund, the increase is a fixed percentage increase dependent on age, occupation and risk rating (standard/low/professional). ...

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 ...