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Showing 21 - 29 of 29 results for "Death claims"

Regulators name laggard life insurance providers

KARREN VERGARA  |  MONDAY, 1 APR 2019
... a joint study by the regulators found. AMP (eight months) and Westpac (three months) take the longest to process death claims within group insurance, while TAL and AIA Australia are the most efficient (four weeks each), according to the ASIC and APRA ...

Sunsuper overhauls TPD cover

DARREN SNYDER  |  TUESDAY, 26 APR 2016
... and partially offset by an approximate 15% increase in death rates. The increase death rates are from a spike in death claims at the fund and across the entire industry during 2015. If Sunsuper didn't introduce TPD Assist, combined premiums were likely ...

Super funds launch mental-illness claims benchmark

JAMES FERNYHOUGH  |  WEDNESDAY, 24 SEP 2014
... in association with IFS Insurance Solutions, looks at the 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 ...

AustSuper denies member exploitation of group insurance

JAMES FERNYHOUGH  |  WEDNESDAY, 27 NOV 2013
... entire insurance industry. "And this particular issue of people joining AustralianSuper [in order to make TPD or death claims], firstly there's no evidence of it, and if there was I wouldn't be disguising it because we'd be wanting to act on it to prevent ...

Life insurance consuming dormant super fund balances

ALISON BEVEGE  |  WEDNESDAY, 13 APR 2011
... the past as they were simply not aware of it. As superannuation funds improved their communication with members, death claims were rising even as mortality rates fell. Pauline Vamos, chief executive of the Association of Superannuation Funds of Australia ...

Funds to talk insurance

ALISON BEVEGE  |  FRIDAY, 8 APR 2011
... told the conference, organised by the Financial Services Council, that although mortality rates were flattening, death claims were rising because historically many people were totally unaware they could claim. "Group insurance is an effective tool to ...

MLC FUM falls 19pc, in-force premiums rise

MICHAEL HOBBS  |  WEDNESDAY, 28 OCT 2009
... $914 million. The business' claims experience worsened compared to the prior year, mostly as a result of lump sum death claims and higher disability claims, which is correlated to rising unemployment. As the investment environment looks more optimistic ...

Zurich launches heart awareness campaign

COMPANY RELEASE  |  WEDNESDAY, 16 SEP 2009
... awareness message wider and specifically to their life insurance clients. Zurich's life insurance experience for death claims is consistent with the overall causes of death for all Australians, with 34 per cent of all deaths is from cardiovascular disease. ...

MTAA campaign halves death claims

MICHAEL HOBBS  |  FRIDAY, 24 OCT 2008
MTAA Super's suicide death claims fell by 53 per cent since the fund launched its mental health awareness campaign, readthesigns, in 2004. The readthesigns initiative between MTAA Super and Lifeline Australia was launched in 2004 as a result the trustee's ...
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