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

Search Results

Showing 41 - 50 of 437 results for %22TPD%22

Plan For Life names insurance award winners

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... Insurance Excellence Award for 2021, going up against TAL Life, HCF Life and MLC Life. NobleOak Life also won the Life Award, TPD Award, Trauma Rider Award and Customer Service Award while the Trauma Standalone Award went to HCF Life and the Income Protection ...

Australia Post Super Scheme cuts premiums by 10%

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
... applies to all ages and level of cover. APSS has also joined many other funds in changing the definition by which it assesses TPD claims, ditching the rigid 'activities of daily living' definition for the more progressive 'activities of daily work'. ...

Christian Super enhances insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
... functioning activities without assistance or adaptation. Members under 30 years old will also now receive the same amount of default TPD cover as they do death cover. Currently they receive more TPD cover as this age cohort has typically needed more ...

ClearView launches risk product suite

KARREN VERGARA  |  THURSDAY, 23 SEP 2021
... first six months of a claim. In total, ClearChoice Income Protection offers nine built-in benefits, four optional extras and a TPD lump sum option for no additional cost. ClearView managing director Simon Swanson said this highlights the product's ...

Statewide Super increases premiums

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
... death and total and permanent disablement coverage into two categories. And the age at which the amount of unitised death and TPD cover will reduce from age 31 to age 35. Statewide is changing its test for TPD claims too - from activities of daily living ...

Zurich, OnePath cover vaccine side-effects

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
... COVID-19 vaccination they will be eligible for a payment of up to $50,000 on top of their death or total & permanent disability (TPD) benefit. Income protection policyholders may also be eligible for payment during their standard waiting period in the ...

Occupational exclusions under scrutiny

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
... consequences where a member changes occupation, Hume said. The review will focus on life and total and permanent disability (TPD) insurance which trustees are required to provide to their MySuper members. Hume said default insurance offered through MySuper ...

Cbus changes insurance premiums

JAMIE WILLIAMSON  |  FRIDAY, 27 AUG 2021
... premium prices across its manual, electech, non-manual and professional categories which will kick in from October. Cbus said TPD claims in its highest risk category, the manual occupation category, have increased significantly in recent years. Around ...

Data to improve TPD outcomes: ASIC

ANNABELLE DICKSON  |  MONDAY, 2 AUG 2021
... previously flagging concerns including declining claim rates, withdrawn claims and poor claims-processing times. ASIC's Report 696 TPD Insurance: Progress made but gaps remain outlines the areas that need improvement from the nine life insurers that ...

Lying rife in life insurance applications

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
... research, Rice Warner showed that underinsurance costs the government $57 million for life insurance and $1.26 billion for TPD; people without life cover or who are underinsured are more likely to draw on welfare. The report said life insurance provides ...