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

Search Results

Showing 331 - 340 of 730 results for "Medical"

Tradies test predictive underwriting

KARREN VERGARA  |  FRIDAY, 13 APR 2018
... underwriting personal statements while maintaining the integrity of the insurance portfolio. Consequently, the number of medical questions in the underwriting process within OneCare products has reduced to eight. It is anticipated this will have a positive ...

AIA Australia spearheads mental health law reforms

KARREN VERGARA  |  FRIDAY, 13 APR 2018
... Australia and New Zealand chief executive Damien Mu said the legislative barriers that restrict life insurers from funding medical treatments for mental health conditions must be overhauled. The health care system has to keep up with one of the fastest ...

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
... response, the Financial Services Council (FSC) said many of the PJC's recommendations - particularly around claims handling, medical definitions, customer communication timeframes and mental health - are either already included in the FSC Life Insurance ...

FSC proposes genetics and insurance council

KARREN VERGARA  |  WEDNESDAY, 21 MAR 2018
... life insurers was developed in 2002 - an area the industry self-regulates so Australians can confidently participate in medical or university research if they wish, she said. "Australia is well placed to be a world leader in genetic research and the ...

Advice clients demand philanthropic conversations

KARREN VERGARA  |  THURSDAY, 1 MAR 2018
... their life story online," she said. Sakellaris said crowd-funding is also helping meet basic individual needs such as medical care and funeral costs. The ASX-listed health, wealth and living group's profit hit $73.3 million in the six months to December ...

Perpetual investments drives profit boost despite market conditions

ALEX BURKE  |  THURSDAY, 22 FEB 2018
... the previous six months. Lloyd commented that this reflected the business' "segmented high net worth strategy targeting medical specialists, professionals and high net worth individuals." The group's third business arm, Perpetual Corporate Trust, also ...

ATO to advance early release of super: O'Dwyer

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
... grounds in 2016-17, up from $184 million in 2014-15. Treasury said nearly three quarters of funds was released was on medical grounds, including treatment and transport, and about 15,000 Australians accessed their superannuation accounts to pay for medical ...

Advisers can fill aged care demand gap: Study

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2018
... over the quality and cost of the care received," he said. David added Australians tend to seek aged care advice after a medical event or crisis, but this is often too late and their options are limited.

ASIC shines spotlight on insurance advice

DARREN SNYDER  |  THURSDAY, 25 JAN 2018
... policy. ASIC said in 19 cases "it appeared that the adviser had not made adequate inquiries into the customer's pre-existing medical condition(s) before providing the advice." It added the new insurance arrangements within a new superannuation platform ...

ANZ Wealth tests AI-driven underwriting

KARREN VERGARA  |  THURSDAY, 18 JAN 2018
... taking out the complexities and time-consuming process associated with underwriting. The engine stores more than 6500 medical conditions and includes a pre-assessment tool that financial advisers can use with clients to provide an instant, indicative ...