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Showing 321 - 330 of 513 results for "TPD"

AFA and PFL award Australia's top insurers

LAURA MILLAN  |  THURSDAY, 12 MAR 2015
... received the overall Platinum Award and the Trauma award, and was a finalist in the award categories of Service Quality and Term/TPD. CommInsure and BT Financial Group were runners up for the Platinum Award. "The Platinum Award recognises the insurer ...

Insurers grow market share at cost of profits

ALEX BURKE  |  FRIDAY, 20 FEB 2015
... did Tasplan and Quadrant. We see this aggregation trend increasing in coming years," he said. Prices for death, death and TPD and income protection products have risen in response to falling profit margins by 15%, 26% and 19% respectively on average ...

MetLife partnership extend group insurance to SMEs

MARK SMITH  |  MONDAY, 3 NOV 2014
... with as few as 12 employees Steadfast-MetLife corporate life insurance, income protection and total and permanent disability (TPD) cover. "Steadfast is the leading broker of risk products to SMEs and partnering with them is a natural fit for us in this ...

Super funds launch mental-illness claims benchmark

JAMES FERNYHOUGH  |  WEDNESDAY, 24 SEP 2014
... claims experience of 13 industry super funds relating to death claims due to suicide, and total and permanent disability (TPD) and income protection (IP) claims due to mental illness. SuperFriend used the results to create a claims experience benchmark ...

AustralianSuper to charge for over-the-phone advice

JAMES FERNYHOUGH  |  TUESDAY, 23 SEP 2014
... In the same letter to members, AustralianSuper also announced changes to the definition of total and permanent disability (TPD) in its group insurance policy. The new definitions appear to make it more difficult to claim TPD. Where previously professionals ...

IOOF embeds insurance panel to platform

LAURA MILLAN  |  MONDAY, 15 SEP 2014
... Protection are the products available on the panel. These offerings include life insurance, temporal and permanent disability (TPD) and income protection. "Advisers and their clients will benefit from a flexible retail insurance option, longer benefit ...

Insurance through super saves $403 million

STAFF WRITER  |  FRIDAY, 29 AUG 2014
... insurance within super represents 71% of total death benefit sums insured, 88% of overall total and permanent disablement (TPD) sums insured and 59% of income protection monthly benefits. "Underinsurance is a real problem for individuals and for governments ...

Employee rehabilitation key to reduce claims costs: AIA

LAURA MILLAN  |  WEDNESDAY, 23 JUL 2014
... is footing a billA as high as $219,000 per day or $80 million a year. Delays with filling in claim forms remains an issue. "TPD claims lodged more than six months after an injury or incident take on average 40% longer to assess and manage than those ...

MySuper flips members out of millions: CSSA

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
... into personal accounts are now being flipped back into MySuper accounts, where the death and total and permanent disability (TPD) cover may be much lower. CSSA Treasurer Gareth Hall said he spoke with one member who had a superannuation balance of $126,000 ...

Research contradicts group risk claims crisis

MARK SMITH  |  MONDAY, 16 JUN 2014
... insurance members receive and how much they pay in premiums, has actually improved on a whole-of-industry scale. For death/TPD cover, average sum insured per dollar weekly premium for a 40 year old low risk Workplace member in 2014 is $62,249 - up 2% ...