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Showing 21 - 30 of 256 results for "Insured"

Zurich launches new TPD option

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
... fit for purpose," Zurich said. Zurich said the new offering is an industry first. The option will pay a lump sum if the insured person needs to pay for carer costs, with a $5 million maximum. It is available for those aged between 15 and 60 years. Zurich ...

Vision Super refreshes premium rates

KARREN VERGARA  |  MONDAY, 30 SEP 2024
... 50-year-old will cost 7.1 cents for the general category and 3.2 cents for professionals based on a weekly charge per $1000 sum insured. A 40-year-old member covered for $400,000, for example, will be charged $7.60 per week or $395.20 annually. For Super ...

Genetic test results to no longer hinder life cover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 SEP 2024
... total amount of lump sum death cover is greater than $500,000. However, in 2023 APRA statistics show the average sum of insured individual policies of lump sum death cover - excluding group cover - was about $714,000. The government received more than ...

Hostplus adds investment options, makes fee changes

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
... cover will pay lower premiums with an average cost saving of 13% across all age groups," it said. "What's more, all insured members will have access to some improved terms and conditions. Even if you don't currently have insurance through your ...

MetLife refreshes two products

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... eligible occupations. The monthly income protection benefit calculation now includes bonuses, meaning policyholders are insured for their bonuses and not just salary. The Own Business option, which is for business owners and covers customers' loss of ...

iExtend receives AFSL after lengthy wait

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... made. By doing so, it's intended that policyholders who might otherwise cancel or lapse their cover due to cost can remain insured. Its services are only available through financial advisers. The group said it has so far received strong support from ...

Hostplus rejigs Maritime Super insurance

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
Hostplus has updated its insurance terms for its Maritime Super members who joined the fund last year. Hostplus said insured Maritime members will have access to improved terms and conditions thanks to its large and growing membership base, which allows ...

AIA adds to C-suite lineup

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... providing life insurance to 2.35 million policyholders and collecting annual premiums of $606.6 million. The total sum insured under AIA's policies amounts to $495 billion.

AMP names new group insurer

KARREN VERGARA  |  MONDAY, 22 JAN 2024
... Australia. TAL has a 40.4% market share that insures 3.9 million lives with annual premiums totalling $830 million. The sum insured under TAL policies is $843 billion. It is followed by AIA with a 29.5% market share that covers 2.35 million policyholders. ...

Allianz Retire+ adds 'industry first' feature to AGILE

JAMIE WILLIAMSON  |  THURSDAY, 30 NOV 2023
... potential age pension eligibility within a single product - an industry first." The second enhancement is the new Spouse Insured option, which allows income for life to continue to be paid to the investor until the later death of the life insured or ...