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Showing 391 - 400 of 988 results for "Death"

SCA drags AMP over claim delays

ALLY SELBY  |  TUESDAY, 10 DEC 2019
... people's advocate in the superannuation sector lashed out at AMP for falling well behind its competitors. The data revealed death claims on average are finalized in 1.2 months, with 76.3% of claims finalised within two weeks. AMP, on the other hand ...

Industry fund members targeted

ELIZABETH MCARTHUR  |  TUESDAY, 10 DEC 2019
... pointed out, was something some members might overlook when under pressure from aggressive sales tactics. "Many members have death and disability insurance through their super," it said. "Closing your super account without knowing if you can get insurance ...

Industry fund previews new insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
... types will now be available to all members aged between 18 and 70 years. Members will also be able to transfer any existing death, TPD and income protection cover they have into Rest, even if it's not with a super fund. Rest will also change its default ...

Industry fund appoints new group insurer, ups indirect fee

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2019
... with Hannover Life Re. The mandate change was effective September 28, with AIA now providing Intrust's members with death and TPD cover. Intrust Super chief executive Brendan O'Farrell told Financial Standard it was AIA's attention to detail ...

Retail fund renews insurer, cuts premiums

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... premiums by about 20%. Virgin Money Super has renewed OnePath Life for three years starting December 1. The mandate is for death, total and permanent disablement (TPD) and income protection (IP) cover. The fund is managed by Mercer and operates as a ...

Super fund bumps up premiums

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
... an industry superannuation fund. As of this month, First Super and its group insurer MetLife have bumped up the cost of death, TPD and voluntary income protection cover. According to the fund, the increase is a fixed percentage increase dependent on ...

MLC Life wins group insurance mandate

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
... local insurer for Generali Employee Benefits (GEB) for its multi-national clients. The insurer will provide group cover for death, TPD and income protection, and access to its Best Doctors and Mental Health Navigator programs. "MLC Life Insurance is ...

High claims acceptance among insurers: Report

ELIZA BAVIN  |  THURSDAY, 14 NOV 2019
... disputes for the 12-months to 30 June 2019. The data reveals that while 99% of claims in the category of group ordinary death and individual non-advised funeral were accepted, only 36% of claims for individual-advised accidents were accepted. The data ...

Cbus enters corporate super

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... have insurance cover will automatically receive the cover they are eligible for and fixed cover equal to any additional death or TPD cover they already held. They will also be entitled to automatic income protection cover where applicable. Again similar ...

Industry fund changes insurer

KANIKA SOOD  |  FRIDAY, 8 NOV 2019
... significantly Hannover Re will continue to provide group life insurance for the fund. However, the fund is reducing the death insurance cover significantly for all ages except the 35 to 45 age group. "Our modelling shows that the most likely age of claiming ...