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Showing 51 - 60 of 61 results for "Disability Income"

Super outstrips other channels in disability risk profits

MARK SMITH  |  WEDNESDAY, 19 AUG 2015
The profitability of disability income insurance within superannuation is outstripping comparable insurance products sold directly. The latest quarterly statistics from the Australian Prudential Regulation Authority (APRA) show that both the super and ...

Claims surge forces insurer to increase pricing

LAURA MILLAN  |  FRIDAY, 15 NOV 2013
... Beazley tries to ensure that members have enough cover by offering "benefits equal to 90% of the members' pre-disability income, plus a further 10% super benefit."

The life insurance sustainability challenge

ALICE URIBE  |  FRIDAY, 2 AUG 2013
... predominantly tied to the group total and permanent disability (TPD) line of business and, to a lesser extent, group disability income. "The Australia market is the only one in which RGA has significant exposure to group TPD business. Not only have claim ...

Untargeted tax subsidies inept

ALEX DUNNIN  |  MONDAY, 20 AUG 2012
... three times the national spend on education, 3.6 times what it spends on defence and 4.5 times what it spends on disability income support and the National Disability Insurance Scheme. Richard Denniss, TAI executive director, said the study does not ...

Untargeted tax subsidies inefficient

ALEX DUNNIN  |  THURSDAY, 16 AUG 2012
... times what the nation spends on education, 3.6 times what is spent on defence and 4.5 times what is spent on disability income support and the National Disability Insurance Scheme. Richard Denniss, TAI executive director, said the study does not question ...

Macquarie breathes new Life into insurance

MATT WOODINGTON  |  WEDNESDAY, 25 MAY 2011
... cover for clients when they need it inside and outside of superannuation, Macquarie said. FutureWise offers disability income, life and TPD cover that will now be made available through the Macquarie Wrap platform, while Macquarie Sumo, catering for ...

Macq Life upgrades risk products

PRESS RELEASE  |  TUESDAY, 11 MAY 2010
Macquarie Life has improved the total and permanent disability (TPD) and disability income insurance features of its FutureWise and Super Protector risk products. The firm has increased the TPD maximum sum insured to $5 million for white collar professions. ...

HESTA improves insurance

RUTH LIEW  |  TUESDAY, 30 JUN 2009
... generally have two units of death cover and two units of income protection cover which can provide a monthly disability income until they reach the age of 60. The enhancements, which kicked in last month, increased the benefits provided by each unit ...

Tower wins Master Super contract

RUTH LIEW  |  THURSDAY, 11 JUN 2009
... selected was because of its automatic extension of death cover to age 70. There will be a reduction in overall disability income insurance premiums of around 20 per cent, although each member might get a different reduction based on their age and occupation. ...

AIG improves insurance

HAMISH MADDEN  |  TUESDAY, 3 APR 2007
... changes come into effect on 2 April and include a range of benefit changes and improvements. A new Accident Only Disability Income Product has been formulated to allow those with re-existing health problems to qualify for income protection cover. The ...