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

Search Results

Showing 11 - 20 of 81 results for %22Accident Cover%22

Cbus changes insurance premiums

JAMIE WILLIAMSON  |  FRIDAY, 27 AUG 2021
... security guards, doormen, bouncers and people employed in crowd control (unarmed). Claims will now be paid where a member's accident or illness is the result of self-inflicted harm or attempted suicide, participation in a criminal act, or service in ...

Advice engagement jumps during COVID-19

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
... insurance. The majority (73%) of advised clients would think to call their advisers immediately in the event of an illness or accident, while nearly two thirds (63%) would contact their adviser if they lost their job. "Advisers have a long history of ...

AIA to launch income protection product

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... adviser and industry feedback." IP CORE sits at the lower end of the cost spectrum, next to the basic Income Protection Accident Only/Super Income Protection Accident Only cover.

Pandemic batters life insurers

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
... insurers also saw a 4.3% rise in the cost of claims to $15.3 billion (up from 1% and 4.1% in 2018 and 2019 respectively). Accident and mental illness claims appear to be two key drivers of increased claims, but KPMG predicts claims could be exacerbated ...

ClearView pushes ahead with SFT

KARREN VERGARA  |  FRIDAY, 9 OCT 2020
... HUB24 to oversee its $7.9 billion super portfolio. "Your client's insurance policy will continue, with the same insurer, cover and options. ClearView Life Assurance will remain the policy administrator and day-to-day adviser arrangements will continue ...

Life insurance needs to prove value

ANNABELLE DICKSON  |  WEDNESDAY, 29 JUL 2020
... Speaking at the event, First State Super's head of insurance David Evans said the industry needs to focus on maintaining cover for members at an affordable cost and building awareness so that members value their cover. "There is a lot of negative sentiment ...

FSC reveals life insurance data

ELIZA BAVIN  |  TUESDAY, 28 JUL 2020
... claims," Kirwan said. "During this life insurance awareness week we encourage all Australians to check what life insurance cover they have - be aware of what you have and what you're paying for. Give your superannuation trustee or life insurance company ...

ClearView restructures pricing as life sector struggles

HARRISON WORLEY  |  FRIDAY, 13 MAR 2020
... stepped and hybrid income protection products the firm will has increased benefit period for one, two and five years and accident-only cover by 10%, while also increasing benefit periods to age 60, 65 and 70 by 35%. Additionally, the insurer has introduced ...

Consumers trust Google over advisers: NobleOak

ALLY SELBY  |  TUESDAY, 25 FEB 2020
... respondents rated cancer as the number one illness likely to happen to someone like them, followed by a heart attack, car accident or a stroke. "There appears to be a disconnect here and although respondents believe these illnesses are likely, they are ...

High claims acceptance among insurers: Report

ELIZA BAVIN  |  THURSDAY, 14 NOV 2019
... policyholder from lodging a claim that is not covered by the policy," the regulators said. "The exception is Individual Advised Accident, which has an unusually low admittance rate." However, the regulators note that while claims for individual advised ...