Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 229 results for "Insured"

MLC Life refreshes income protection offering

ANNABELLE DICKSON  |  WEDNESDAY, 29 SEP 2021
... licensees. Income Assure and Income Assure+ will be available from October 1 and allows most clients to have the maximum sum insured allowable, underpinned with premium stability and product sustainability. Income Assure provides an income replacement ...

Zurich, OnePath cover vaccine side-effects

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
... insurance policies to encourage more people to get vaccinated. The new protection ensures that if any Zurich or OnePath Life insured customer were to experience serious side effect from an approved COVID-19 vaccination they will be eligible for a payment ...

Lying rife in life insurance applications

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
... be sued for insurance fraud." The research found that 41% of Australians don't have life insurance with 35% of men not insured 47% for women. "It's easy to think 'this won't happen to me', but the truth is that nothing in life is certain. I'd encourage ...

BT enhances LifeCENTRAL+

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... functionality for advisers, providing a quote for the most commonly requested changes to in-force policies, such as the sum insured, optional benefits and frequency of premium payments. The in-force functionality is available for most eligible single ...

MetLife announces suite of product changes

ELIZABETH MCARTHUR  |  MONDAY, 29 MAR 2021
... action required from the adviser or client, and a life events increase feature for business clients that will allow sum insured increases of up to $4 million, compared to $2 million offered by most other insurers. MetLife chief retail insurance officer ...

APRA calls out poor group insurance practices

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... in one year, blaming increased government regulations. APRA is not ignorant of this trend, observing the premiums per insured member escalated during 2020 and as a result trustees went to tender for insurance arrangements more frequently. "APRA is concerned ...

PPS Mutual offers new IP solution

ELIZA BAVIN  |  TUESDAY, 16 FEB 2021
... per week, and generate an income. PPS said the offer will expire either five years after its commencement or when the insured reaches age 45, whichever is earlier. PPS Mutual's national underwriting manager Gabi Varnier said the offer is another ...

HESTA hikes group insurance premiums again

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... premiums. "Changes to HESTA's insurance on 1 April 2020 were impacted by legislative change that meant fewer members were insured. We worked closely with our insurer to minimise changes to insurance pricing, which included a decrease in the cost ...

Super leaves gig economy behind

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... the gig economy is also associated with greater income variability - and this is exacerbated by gig workers being under-insured. Gig workers are 30% less likely than the rest of the population to have life insurance.

Retail fund ups premiums

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
... Protecting Your Super and Putting Members' Interests First reforms had triggered an exodus from group policies - decreasing the insured pool and increasing the cost for those remaining in products. Some funds also said they had seen an increase in the ...