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Showing 201 - 210 of 570 results for "Income Protection"

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 ...

Tasmanian super funds seek insurer

KANIKA SOOD  |  FRIDAY, 9 AUG 2019
... Service Superannuation Scheme (TASSS) are expected to open tender this month. The contract is to provide life and income protection insurance (death, permanent incapacity, terminal illness and temporary incapacity cover) for an eight-year period, expected ...

Super body opposes member interests bill

HARRISON WORLEY  |  MONDAY, 22 JUL 2019
... is strongly opposed to the bill," WIS said. The advocacy group labelled moves to reduce member access to TPD, income protection and life cover as "totally unacceptable" given most Australian's only hold those policies through group insurance. Also ...

QSuper lowers balanced fund fees

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... moderate, balanced, aggressive, Australian shares and international shares options. It also introduced changes to income protection waiting periods and benefit periods from July 1, which affected some members depending if they have personalised their ...

MLC Super updates TPD cover, premiums

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... drop by $5.55 per month. Death cover will reduce by 10.3% per month; TPD will drop by 9.3% per month; while income protection will reduce by 24.6% per month.

Super fund introduces further group insurance changes

KARREN VERGARA  |  MONDAY, 1 JUL 2019
... members will be allocated a dollar amount of cover based on age and changes as they get older. Premiums for income protection cover will change to annual, gender-based calculations for every $100 per month of cover held. In addition to gender, premiums ...