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Showing 41 - 50 of 179 results for "Trauma"

FSC extends life code consultation deadline

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
... iteration of the code was released on 2017, which included setting new definitions for cancer, heart attack and stroke in trauma.

Stop genetic testing questions: Poll

KARREN VERGARA  |  TUESDAY, 20 NOV 2018
... have a "significant impact" on life insurance policies. "When you take out a life insurance policy, including disability, trauma and income protection insurance policies, you are obligated to let the insurer know about matters which could affect the ...

When aged care advice takes an emotional toll

KARREN VERGARA  |  TUESDAY, 13 NOV 2018
The emotionally taxing nature of aged care advice should be embraced with empathy. This was a key takeaway at yesterday's Financial Standard Best Practice Retirement Income Forum. After experiencing the highs and lows of transitioning her father ...

NobleOak wins best direct life insurer award

KARREN VERGARA  |  FRIDAY, 19 OCT 2018
... Funeral Insurance offering, as well as the Bundled Products Award for its MyStyle Life Insurance. OnePath Life won the Trauma Rider Award for its Critical Illness Benefit offering. HCF Life won the Stand Alone Trauma Award for its Cash Back Cover. Strategic ...

Specialist insurer updates definitions

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
... policies, the 12-month terminal illness definition within life cover will change to 24 months. It also enhanced a range of trauma definitions including prostate cancer, stroke and coronary artery bypass surgery. Also within the Professionals Choice range ...

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... unfolding, Orr pointed out that a joint Four Corners and Fairfax investigation in March 2016 alleged CommInsure knew its trauma insurance contained heart attack definitions that were out of date. In the same month, CommInsure announced it would update ...

FSC responds to direct life insurance findings

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
... set of standardised medical definitions, on July 1. This included new definitions for cancer, heart attack and stroke in trauma and critical illness policies that were developed via consultation with medical professionals; they will be regularly reviewed ...

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... reasons, he said. Firstly, the amount of upfront commission paid on new life insurance policies, income protection and trauma policies has dropped dramatically to 80% this year thanks to the Life Insurance Remuneration Act, which came to effect on 1 ...

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... superannuation announced in the 2018/19 budget are implemented, KPMG warned. The profitability of products such as TPD, trauma and disability income, continue to be an issue. Claims management initiatives alone are unlikely to be sufficient to restore ...

Financial abuse: A hidden epidemic

JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
... affected by domestic and family violence are experiencing financial abuse. The program offers access to independent specialist trauma counsellors, financial assistance, safe establishment of bank accounts and over the phone support to ensure appropriate ...