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Showing 21 - 30 of 81 results for %22Accident Cover%22

Group insured, advised clients better off

HARRISON WORLEY  |  FRIDAY, 28 JUN 2019
... protection, with advised clients having claims admitted in 95% of cases, and non-advised clients coming in at 85%. Accident cover saw individual non-advised register 82% admittance, with just 19% for advised clients. However, group insurance was the ...

Regulators name laggard life insurance providers

KARREN VERGARA  |  MONDAY, 1 APR 2019
... discouraged the policyholder from lodging a claim that is not covered by the policy, they said, adding individual advised accident is an exception and has a low admittance rate.

Royal Commission tables life insurance policy questions

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
Numerous policy questions that arose from the life insurance round of the Royal Commission could shake up the direct life insurance segment and potentially ban conflicted remuneration in risk products. The document, released yesterday, questions the ...

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
CommInsure admitted it misled the Financial Ombudsman Service that was helping resolve a claimant's dispute by deliberately withholding medical information and delaying the process, the Royal Commission heard yesterday afternoon. Counsel assisting ...

ClearView breached anti-hawking law 300k times

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... concerns with providers downgrading accidental death policies that were sold to customers who didn't understand the cover or meet their needs. Martin admitted that he didn't read the report in depth - only the executive summary.

Life insurer undertakes strategic review

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... procedures. The insurer said it has not set a timeline for when the review will be completed. Freedom deals in funeral, accident and life insurance, as well as income and loan protection. It is closely linked to boutique dealer group, Spectrum Wealth ...

Direct life insurance failing consumers: ASIC

KARREN VERGARA  |  THURSDAY, 30 AUG 2018
... than 540 recorded sales calls, ASIC said four firms failed to provide adequate information about important aspects of the cover, including key exclusions and future premium increases. They also engaged in pressure selling techniques, including refusing ...

Government to ban default life insurance in super

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... many young people who still have debt. 22-year-olds and 23-year-olds who might have gotten a mortgage early or had an accident and can never earn an income again, so they have a whole lifetime without cover. You can say those people can opt-in easily ...

Former Suncorp executive joins Freedom Insurance

KARREN VERGARA  |  TUESDAY, 6 FEB 2018
... consultant at XL Catlin, a large direct insurer and division of Lloyds, where he was responsible for developing life, accident and health strategy across Asia. Orton's prior senior leadership experience includes leading AEGON Direct and Affinity Marketing ...

Group insurance awareness encouraging: MetLife

KARREN VERGARA  |  TUESDAY, 12 DEC 2017
... knowledge of what the policies covered, with the majority more cognisant of what death cover entails compared to illness or accident protection. A major concern for 59% of employees was insurance companies' ability to pay claims. Stewart said this finding ...