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Showing 261 - 270 of 566 results for "Income Protection"

Group insurance dominates life insurance channels: Poll

KARREN VERGARA  |  MONDAY, 29 JAN 2018
... to consult the internet when considering life insurance. A growing trend is the purchase of life insurance or income protection online or via mobile devices, up 35% compared to 2016. The internet is a rich source of advice for 28.7% of adults aged between ...

ASIC shines spotlight on insurance advice

DARREN SNYDER  |  THURSDAY, 25 JAN 2018
... advice licensee's in-house products were recommended." In one example, ASIC flagged concerns where the cost of income protection climbed from $132 per year to $7552 per year. "This increased cost did give the customer additional coverage and indexation. ...

Life insurance consumers shun financial advisers

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
... followed by 21.9% who call on family members for information. A growing trend is the purchase of life insurance or income protection online or via mobile devices, up 35% compared to 2016. NobleOak's chief executive Anthony Brown said the challenge for ...

Industry split on life insurance cover: Poll

KARREN VERGARA  |  MONDAY, 18 DEC 2017
... July 2018. The code supports preventing account balances from unnecessary erosion by automatically not charging income protection cover 13 months from the date of the last contribution. For death and total and permanent disability cover, trustees will ...

Super life code released

KARREN VERGARA  |  MONDAY, 18 DEC 2017
... contact members no later than six months after the last contribution is made and will automatically cease charging income protection cover 13 months from the final contribution date. In terms of charging death and total and permanent disability cover ...

New CFO named for $20bn industry fund

ALEX BURKE  |  FRIDAY, 8 DEC 2017
... continuous relationship," VicSuper said. VicSuper has default cover for death, total and permanent disability, and income protection available for the majority of its 238,000 members. Dundon said at the time that the new relationship with MetLife enables ...

Industry super fund adapts new life insurance model

DARREN SNYDER  |  FRIDAY, 1 DEC 2017
... new members will pay up to 25% less for default life insurance and will be able to maintain valuable long-term income protection cover. From 1 December 2017, new REST members under 18-years-old will also see default life insurance cover removed but it ...

Vision Super names new life insurer

KARREN VERGARA  |  TUESDAY, 21 NOV 2017
... life insurance cover to Vision Super's 10,000 member base for death, total and permanent disablement (TPD), and income protection. MLC Life was selected after an extensive tender process saw it provide the best value for members and a seamless online ...

HESTA announces life insurance facelift

DARREN SNYDER  |  MONDAY, 20 NOV 2017
... shift to age-based pricing that will be effective 1 March 2018. Among the changes, HESTA has also bolstered its income protection cover to include a lump sum provision that provides $10,200 to eligible members. This is specifically to help in either ...

Financial literacy the bridge for income protection gap

JAMIE WILLIAMSON  |  FRIDAY, 17 NOV 2017
... education programs in the workplace and hands-on practice and counselling can play a significant role in closing the income protection gap. That is a key finding from a recent study by Zurich in partnership with the Smith School of Enterprise and the ...