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Showing 21 - 30 of 34 results for "Income protection premiums"

Industry fund hikes insurance premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
... both death and TPD cover as well as income protection cover upon joining. Under the changes, default income protection premiums have increased by 37% from $110.80 per annum to $151.80 per annum for a 45-year-old member. The amount of cover in both instances ...

Super figures point to NSW victory

HARRISON WORLEY  |  WEDNESDAY, 5 JUN 2019
... country Lifecycle products among the top 10 Average fees Default death and TPD insurance premiums Default income protection premiums Starting with the number of MySuper products ranking inside the top 10 across the nation, it's a complete bluewash ...

CommInsure, TAL engaged in troubling conduct: Royal Commission

KARREN VERGARA  |  MONDAY, 24 SEP 2018
... deducted premiums from the paraplegic member but weren't covered by the policy. Further, Rest deducted income protection premiums from unemployed members who were unable to claim on policies, and failed to have sufficient systems in place to detect when ...

Super industry wants tougher insurance code

KARREN VERGARA  |  MONDAY, 19 MAR 2018
... balance erosion. After 13 months of inactive contributions, funds will automatically cease charging income protection premiums; this also applies to death and total and permanent disability premiums, albeit for balances less than $6000. Association of ...

Intrust offers more premium reductions

KARREN VERGARA  |  THURSDAY, 12 OCT 2017
... Intrust Super will also reduce life and total disability insurance premiums shortly after it dropped income protection premiums by as much as 12%. The discount will impact the fund's life and TPD premiums across three products: Core MySuper, Executive ...

Kinetic Super improves insurance offering

EMMA RAPAPORT  |  WEDNESDAY, 31 MAY 2017
... comes in." Other benefits of the insurance upgrade include: Competitive premium rates 20% reduction in income protection premiums Ability to claim on terminal illness cover extended from 12 to 24 months Improved claims process for an improved member ...

ClearView updates LifeSolutions suite, increases premiums

KERRIE SYDEE  |  MONDAY, 12 SEP 2016
ClearView has made a number of changes to its LifeSolutions product suite and increased income protection premiums, effective as of 21 October 2016. The changes include product upgrades, simplification of overall premium rating structure and increases ...

MLC offers insurance rollover to external funds

ALEX BURKE  |  MONDAY, 2 NOV 2015
... premium discount, enduring authority, automated annual premium payments and an "up to 20%" discount on income protection premiums. The function is available for MLC Insurance (Super), MLC Protection (Life Super) and MLC Protection (Income Protection ...

Are Australians money dumb about savings?

DARREN SNYDER  |  THURSDAY, 24 SEP 2015
... around topics such as the premiums paid on life insurance for being a smoker and whether you can deduct income protection premiums on your tax return. The national average for correct answers from this year's respondents sits at just 57%, down from 67% ...

AustralianSuper narrows income protection definition

STAFF WRITER  |  THURSDAY, 7 MAY 2015
... protection cover for 25 year olds will fall from $0.497 per unit to $0.215 per unit for a 57% drop. Income protection premiums for 45 year olds will meanwhile fall 36% and fall 23% for 35 year olds. Death cover premium costs will decrease by 18% for ...