Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 271 - 280 of 566 results for "Income protection"

Life insurer definitions clashing: Regulators

KARREN VERGARA  |  TUESDAY, 14 NOV 2017
... concepts of policy contracts, policy benefits and lives insured," the report said. Data clarity was also needed for income protection insurance or disability income insurance; reopened claims; voluntary discontinuances; and multi-benefit policies that ...

Listed mortgage broker joins forces with TAL

ALEX BURKE  |  MONDAY, 13 NOV 2017
... insurance to clients via TAL's Lifebroker comparator service. Types of policies available through Lifeborker include income protection, total and permanent disability, trauma, business expense insurance and group insurance through superannuation. "I'm ...

VicSuper names new insurer

KARREN VERGARA  |  MONDAY, 30 OCT 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. VicSuper chief executive Michael Dundon said the new relationship ...

ANZ Wealth partners for mental health support

JAMIE WILLIAMSON  |  MONDAY, 30 OCT 2017
... Wealth is piloting a mental health coaching service in partnership with Remedy Healthcare. Customers lodging income protection claims relating to depression or anxiety will have the option to undertake a complimentary, phone-based Remedy Healthcare MindStep ...

MLC Life enhances benefits, boosts savings

JAMIE WILLIAMSON  |  MONDAY, 23 OCT 2017
... Amendments to the criteria include lowering the minimum sum insured amounts under MLC Insurance (Super) when income protection insurance is bundled with life cover and TPD insurance; removing the minimum account balance on MLC MasterKey funding arrangements ...

TAL maintains life insurance market lead

KARREN VERGARA  |  TUESDAY, 17 OCT 2017
... Funeral Advantage; OnePath Life won the Accident Cover Award; NobleOak Life received the TPD Award, while the Income Protection Award went to Suncorp Life for its Mystyle product.

Intrust offers more premium reductions

KARREN VERGARA  |  THURSDAY, 12 OCT 2017
Intrust Super will also reduce life and total disability insurance premiums shortly after it dropped income protection premiums by as much as 12%. The discount will impact the fund's life and TPD premiums across three products: Core MySuper, Executive ...

Life insurance complaints down: FOS

JAMIE WILLIAMSON  |  FRIDAY, 6 OCT 2017
... largely in relation to inappropriate advice (24%). In life insurance, about half (48%) the disputes involved income protection insurance, with the main issue being claim denial (26%). The remainder of disputes handled by FOS between 2016-2017 were credit ...

Pensioners to pay less at industry fund

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2017
... Tinto Staff Superannuation Fund. In August, InTrust Super also announced reductions, with fees on its PayGuard income protection policies dropping as much as 12% from 1 October. Sunsuper manages about $46 billion in funds for more than one million members ...

Hiking life premiums is short-term thinking: ANZ Wealth

KARREN VERGARA  |  THURSDAY, 21 SEP 2017
... between 2013 and 2015, life insurers paid 90% of claims in the first instance, 96% for life cover and 93% for income protection claims. ANZ Wealth head of life insurance Gerard Kerr said: "Insurers have a responsibility to rebuild public confidence that ...