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Showing 11 - 20 of 34 results for "Income protection premiums"

MTAA Super increases premiums amid merger

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... (up or down) will be occurring at different ages," the spokesperson said. There are also changes to income protection premiums for MTAA members. From 1 April 2021, income protection costs will be calculated as an annual cost per $100 of Spirit Super ...

MTAA, Tasplan reveal new brand

KANIKA SOOD  |  MONDAY, 18 JAN 2021
... reasons. MTAA Super runs its default superannuation product as single strategy. T asplan raised its income protection premiums by 7.3% as at end of September 2020. MTAA also increased its death and TPD premiums in February 2020, attributing it to Putting ...

Retail fund ups premiums

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
... increase premiums on income protection policies from 2021. Living Super, ING's super offering, will up income protection premiums by 23% from 8 January 2021. "Our focus is to provide a great value product with competitive features. By implementing these ...

Industry fund hikes income protection premiums

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
Ahead of its proposed merger with Cbus, Media Super has announced an increase in insurance premiums for default and non-default income protection. The premiums will increase from 1 December 2020 and will apply to members who receive automatic default ...

Corporate fund overhauls admin fees, premiums

ELIZABETH MCARTHUR  |  MONDAY, 28 SEP 2020
... fund has reduced death, total and permanent disability (TPD) premiums and administration fees - but income protection premiums will rise. Mercy Super reduced admin fees for super accounts from $1.10 a week plus 0.30% of account balance per annum (capped ...

Industry fund hikes premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 9 SEP 2020
... many years, and so, despite the increase, we expect our rates will remain competitive," Intrust said. Income protection premiums will not change, the fund said. Intrust's group insurance is provided by AIA Australia and has been for the last 12 months. ...

Hostplus ups income protection premiums by 73%

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
The $45 billion industry fund for hospitality, sport and tourism has increased optional insurance premiums for some members by up to 73.7%. Non-default salary continuance insurance premiums for Hostplus members will increase from 1 October 2020. Salary ...

PMIF sees premiums rise for first time in 12 years

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 APR 2020
... ESSSuper put insurance premiums on death only and death and total and permanent disability up by 5%. Income protection premiums will remain unchanged for ESSSuper members. "Following a review of our insurance premiums and as a result of the insurance ...

AIA income protection premiums jump

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
Premiums for retail income protection policies with insurer AIA have climbed substantially over the last two years. One AIA Priority Protection policy sighted by Financial Standard had a 27% increase from 2018 to 2019 and then a 32% increase from 2019 ...

Super fund bumps up premiums

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
... professionals were charged $3.84. These members will now pay $5.15 and $4.66 per week respectively. Voluntary income protection premiums have also risen, going up by 4.2%. First Super said the changes are the result of the Protecting Your Super legislation ...