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Showing 81 - 90 of 525 results for "Income protection"

MTAA Super increases premiums amid merger

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... changes (up or down) will be occurring at different ages," the spokesperson said. There are also changes to income protection premiums for MTAA members. From 1 April 2021, income protection costs will be calculated as an annual cost per $100 of Spirit ...

PPS Mutual offers new IP solution

ELIZA BAVIN  |  TUESDAY, 16 FEB 2021
PPS Mutual has launched an income protection underwriting offering for newly qualified professionals starting out in their career. The Professional Choice offer will enable newly qualified professionals to increase their monthly income protection benefit ...

Super fund ousts ethical manager

JAMIE WILLIAMSON  |  FRIDAY, 22 JAN 2021
... years of continuous LGIAsuper membership and milestone birthdays. Members can also now apply for an increase in income protection cover due to a Life Event. "The enhanced insurance offerings will not only improve our services but create better member ...

MTAA, Tasplan reveal new brand

KANIKA SOOD  |  MONDAY, 18 JAN 2021
... among the reasons. MTAA Super runs its default superannuation product as single 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 ...

MLC Life appoints executive

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
... subordinated debt of $120 million. In its statement, Nippon Life referenced life insurance industry's spike in income protection claims, COVID-19's impact and high unemployment which put MLC Life's business performance being "stagnant" beyond ...

HESTA hikes group insurance premiums again

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... eligible members automatically receive upon signing up unless they make a choice -- includes 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 ...

MLC Life Insurance raises $650 million

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... of the insurer. The $120 million debt was subscribed to by Nippon alone. "The increase in claims payments of income protection products and others is an industry-wide challenge in Australia. As such, MLC Life has been working to raise premiums and promote ...

AIA to launch income protection product

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
AIA Australia is launching a more affordable, simplistic income protection product in early 2021. IP CORE pays a monthly benefit for total or partial disability as a result of injury or sickness that satisfies a material and substantial duties definition. ...

Retail fund ups premiums

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
A retail superannuation fund will increase premiums on income protection policies from 2021. Living Super, ING's super offering, will up income protection premiums by 23% from 8 January 2021. "Our focus is to provide a great value product with competitive ...

PPS Mutual transforms underwriting process

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
... mutual insurer has removed the "quick check medical requirement" for prospective members under 35 who are seeking income protection of $15,000 per month. Members of all ages are no longer required to test for Hepatitis B, Hepatitis C and HIV when applying ...