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Showing 231 - 240 of 566 results for "Income protection"

BTFG enhances life cover application process, waives fees

JAMIE WILLIAMSON  |  WEDNESDAY, 17 OCT 2018
... policy fees applied on lump sum cover for new applicants until 16 December, 2018. This will also apply to any income protection cover and applied in combination with a lump sum policy. "We're also waiving policy fees to coincide with these enhancements. ...

NAB, MLC face class action

JAMIE WILLIAMSON  |  THURSDAY, 27 SEP 2018
... - but nonetheless pushed the insurance and charged millions in premiums. Customers with existing life and/or income protection insurance were also encouraged to take out insurance on their credit card, despite already being covered by their existing ...

CommInsure, TAL engaged in troubling conduct: Royal Commission

KARREN VERGARA  |  MONDAY, 24 SEP 2018
... also deducted premiums from the paraplegic member but weren't covered by the policy. Further, Rest deducted income protection premiums from unemployed members who were unable to claim on policies, and failed to have sufficient systems in place to detect ...

TAL hired private investigator to follow claimant: Royal Commission

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... fronted the Royal Commission starting about midday. She was presented with the case study of a nurse who made an income protection claim to TAL after facing medical health conditions. The Royal Commission labelled TAL's treatment of the claimant as bullying. ...

BT overhauls life cover limits and definitions

JAMIE WILLIAMSON  |  WEDNESDAY, 29 AUG 2018
... reflect updated medical terminology," BT said. BT will also introduce streamlined waiting period requirements for income protection policies; removing requirements for clients to provide ongoing evidence of actively, full-time employment after a TPD ...

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... declined for two reasons, he said. Firstly, the amount of upfront commission paid on new life insurance policies, income protection and trauma policies has dropped dramatically to 80% this year thanks to the Life Insurance Remuneration Act, which came ...

MetLife partners with industry fund for digital tool

HARRISON WORLEY  |  TUESDAY, 28 AUG 2018
... smartphone or tablet. MetLife said this eliminates the need for manual paper-handling. According to the life insurer, income protection claims on its new platform can take less than 15 minutes to complete. Claimants are able to log in and track the progress ...

TAL partners with mental health NFP

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... PTSD. This year, a partnership with Remedy Healthcare offered free life coaching services to TAL customers on income protection claims associated with depression or anxiety. TAL Group chief executive and managing director Brett Clark said the partnership ...

FSC aggregates insurance industry data

KANIKA SOOD  |  THURSDAY, 26 JUL 2018
... consumers will be able to find the minimum service standards they can expect from insurers - such as paying income protection claims within two months and keeping customers appraised of progress at least every 20 days - and superannuation trustees in ...

Disability income insurance an ongoing concern: APRA

KARREN VERGARA  |  TUESDAY, 10 JUL 2018
... review of its sustainability, pricing and the actual benefits delivered to policyholders. Otherwise known as income protection insurance, DII replaces policyholders' income in the event they are unable to work due to illness or injury. DII has been ...