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Showing 71 - 80 of 525 results for "Income protection"

QSuper makes changes ahead of merger

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
... will also be a range of changes in insurance terms and conditions for members too. From 1 July members on an income protection payment who are also on a workers compensation benefit at the same time will have their income protection payment reduced by ...

Media Super ups fees, premiums

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
... was aimed at reducing costs. Meanwhile, the fund is also increasing death, total and permanent disability and income protection premiums from July 1. In December 2020, Media Super had already increased income protection premiums. From July, income protection ...

MLC Life hires general manager

KARREN VERGARA  |  TUESDAY, 4 MAY 2021
... 3. Hinton is responsible for ensuring the sustainability of MLC Life Insurance's portfolio, including the new income protection product that will launch later this year. She reports to chief life insurance officer Michael Rogers and is a part of the ...

Raiz acquires superannuation platform

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
... 2020. The fund uses MetLife for death and terminal illness and YourCover for total and permanent disability and income protection. The custodian is Sandhurst Trustees.

Spirit Super drops fees after merger

KANIKA SOOD  |  THURSDAY, 1 APR 2021
... raised their insurance premiums. MTAA increased its group insurance premiums twice; and Tasplan increased its income protection premiums in September 2020 by 7% ahead of the merger. MTAA attributed its February 2021 premium hike to COVID-19 and government ...

Risk inflows stagnant, satisfaction varies

ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
... 10,000 directly held life insurance policyholders that have life insurance or various types of risk insurance income protection insurance, disability insurance, accidental death insurance, and trauma or critical injury insurance.

LGIAsuper overhauls insurance, closes product

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
... for professional weekly per unit. LGIA will also remove the insurance fee of 1% charges on all death, TPD and income protection premiums from 1 May 2021. Additionally, the industry fund said it will close its MySuper Lifecycle investment option and instead ...

AustralianSuper introduces insurance changes

KARREN VERGARA  |  WEDNESDAY, 17 MAR 2021
... sector members will 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 ...

Court makes orders in ASIC versus TAL

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
... December 2019 case against TAL, which stems from a Royal Commission case study. The matter relates to a TAL income protection customer, who in January 2014 made a claim on her policy after being diagnosed with cervical cancer. TAL voided her policy ...

Industry fund ups life insurance premiums

JAMIE WILLIAMSON  |  MONDAY, 1 MAR 2021
... as provided by OnePath will go up on April 1. Premiums were last increased on 1 July 2019, and premiums for income protection are not changing, the fund noted. Members aged between 35 and 64 years old with default cover will see their premium go up 33.6% ...