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Showing 51 - 60 of 102 results for "Permanent Disablement"

AustralianSuper narrows income protection definition

STAFF WRITER  |  THURSDAY, 7 MAY 2015
... time, AustralianSuper decreased the cost of death and income protection cover, while the cost of total and permanent disablement cover will remain unchanged. The weekly premium for income protection cover for 25 year olds will fall from $0.497 per unit ...

Insurance through super saves $403 million

STAFF WRITER  |  FRIDAY, 29 AUG 2014
... group insurance within super represents 71% of total death benefit sums insured, 88% of overall total and permanent disablement (TPD) sums insured and 59% of income protection monthly benefits. "Underinsurance is a real problem for individuals and for ...

Simplify your products, life insurers told

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
... been around for a few decades - and I have to say I struggle at times. "Look at the definition of total and permanent disablement - it's unbelievably complex in some cases, and you wonder why. Does the customer really understand it? Do they really want ...

Research contradicts group risk claims crisis

MARK SMITH  |  MONDAY, 16 JUN 2014
... trend, securing improved terms for their members. Equip has slashed premiums on its death and total and permanent disablement (TPD) cover as well as its salary continuance cover. Equip Personal members, who comprise over half of the fund's 52,000 membership ...

Equip slashes insurance premiums

MARK SMITH  |  MONDAY, 26 MAY 2014
Equip has announced cuts to premiums for its death and total and permanent disablement (TPD) cover and its salary continuance cover. Equip's chief executive officer Danielle Press said the reductions were the result of thorough examination of the fund's ...

AustralianSuper insurance premiums to rise by 35%

LAURA MILLAN  |  FRIDAY, 14 MAR 2014
AustralianSuper will substantially increase its death and total and permanent disablement (TPD) insurance premiums due to rising policy costs. The 35% price hike is due to come in at the end of March and was confirmed by AustralianSuper group executive ...

UniSuper awarded MySuper licence

JAMES FERNYHOUGH  |  FRIDAY, 28 JUN 2013
... benefit from our investment management expertise, a low set of fees, and access to default Death and Total and Permanent Disablement (TPD) insurance cover," he said. UniSuper expects its MySuper product to be up and running before January 1, 2014. With ...

NDIS does not replace life insurance

ALEX DUNNIN  |  WEDNESDAY, 22 MAY 2013
... available to them through their families, carers or the community in general." Critical illness or total and permanent disablement insurance will also give individuals greater flexibility over how they use their lump sum benefit, they noted. "Lump sum ...

OnePath upgrades insurance offering

LINDA HAUSKEN  |  FRIDAY, 11 MAY 2012
... SuperLink arrangement to its OneCare product which means that clients can split the ownership of their total permanent disablement (TPD) cover between an ordinary non-superannuation and a superannuation policy. Another key enhancement includes a new ...

Life risk inflows up 10.4pct

MELANIE TIMBRELL  |  THURSDAY, 19 APR 2012
... bases. The most modest growth came from the Individual Risk Lump Sum Market, covering term life, total and permanent disablement and trauma insurance, although this was still robust with a 10% increase in inflows and a 9.4% sales increase. Suncorp (34.4%) ...