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Showing 281 - 290 of 570 results for "Income Protection"

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 ...

CommInsure strengthens income protection offering

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2017
As per CommInsure's commitment to regularly review its offering, the life insurer launched a new income protection product and enhanced its existing TPD and trauma products. The new Income Protection Platinum product comes with a broader set of definitions ...

AustralianSuper moves to opt-in insurance

EMMA RAPAPORT  |  MONDAY, 18 SEP 2017
... will see a reduction of around 2% for death cover, 13% for total and permanent disability cover and 21% for income protection, though the exact amount will depend on age and the amount of cover.

The risk of under-insurance is real: ASFA

EMMA RAPAPORT  |  FRIDAY, 15 SEP 2017
... scandals and focus on the societal benefit of placing insurance in superannuation. Most death, disability and income protection insurance held by Australians is provided through superannuation. "Without it many people would have no insurance protection ...

ANZ revamps life insurance offering

KARREN VERGARA  |  FRIDAY, 25 AUG 2017
... to six months, the insurer will provide additional payments. Kerr said in an environment where premiums for income protection and trauma products will potentiality rise in the near-term, it is important for customers to have these types of insurance ...

Improved distribution strengthens ClearView result

DARREN SNYDER  |  FRIDAY, 25 AUG 2017
... recorded an underlying net profit after tax of $24.9 million, up 2%. This result was burdened with alterations to income protection claims reserves and higher short-term lapses. More than 340 financial planning groups can recommend the firm's LifeSolutions ...

Complex operations leaving life customers confused

KARREN VERGARA  |  FRIDAY, 18 AUG 2017
... paying numerous claims to those under 30 years of age, not just in total, permanent and disability claims and income protection, but fundamentally for costs to cover their care.