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

Search Results

Showing 61 - 70 of 438 results for %22TPD%22

AustralianSuper introduces insurance changes

KARREN VERGARA  |  WEDNESDAY, 17 MAR 2021
... pay 0.4% more. A 45-year-old member for example, will pay $10.95 in total for death ($3.45), income protection ($5.65) and TPD ($1.85) cover per week, which includes a nine-cent increase per week or $4.68 extra per year. A 25-year-old member for example ...

Industry fund ups life insurance premiums

JAMIE WILLIAMSON  |  MONDAY, 1 MAR 2021
... poll of Financial Standard readers found 85% expect group premiums to continue going up. LUCRF Super has also updated its TPD definitions, reducing the number of definitions a member can be assessed under from five to four and dropping the activities ...

MTAA Super increases premiums amid merger

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... claim numbers as well as changes to how the fund charges for cover. Those aged under 30 or over 51 will pay less for death and TPD cover, but for all other members prices will increase. For example, for a 45-year-old the cost if death and TPD cover will ...

MTAA, Tasplan reveal new brand

KANIKA SOOD  |  MONDAY, 18 JAN 2021
... strategy. T asplan raised its income protection premiums by 7.3% as at end of September 2020. MTAA also increased its death and TPD premiums in February 2020, attributing it to Putting Members Interests First and Protecting Your Super reforms and subsequent ...

HESTA hikes group insurance premiums again

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... two units of the income protection (IP) and two units of death cover. It does not include total permanent disability cover (TPD). For most HESTA members on it, overall insurance fees will increase from four cents to 22 cents a week, across all age groups ...

Vision Super increases premiums

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... and are guaranteed for two years. For example, a 30-year-old with three units of death and total and permanent disability (TPD) cover of $262,500 premiums will increase from $4.29 a week to $4.98 a week. For someone with fixed death and TPD cover of ...

Industry fund names new group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
... decade. The mandate was instead awarded to AIA, commencing January 1. Under the new arrangement, the cost of unitised death and TPD cover will change to age-based premiums. As a result, some members may see an increase to their premiums, while others ...

Super fund increases premiums

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
... New Year. Most QSuper members will see income protection cover go up 31%, while death and total and permanent disability (TPD) cover will increase between 40-45% from 1 January 2021. One exception, income protection cover for Queensland Police Officers ...

Club Plus announces insurance changes

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
... group. For example, those aged 31-45 will go from paying $1.95 a week to $1.70 on death cover, from 81 cents to 67 cents for TPD cover and from $2.76 to $2.37 a week for death and TPD. Those between 46 and 55 will next year pay $2.06 a week for combined ...

Sunsuper ups TPD premiums

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... billion super fund (at October-end) recently announced several changes to its insurance offering, which included updating the TPD definition AIA insured Sunsuper for life Corporate plans, and Sunsuper for life Business plans. Members with TPD cover who ...