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

Search Results

Showing 81 - 90 of 256 results for "Insured"

Tasplan raises IP premiums

KANIKA SOOD  |  TUESDAY, 15 SEP 2020
... legislative reforms, current economic environment and increase in insurance benefits being paid to members. It said it has fewer insured members covered by its group insurance policies after changes under Protecting Your Super and Putting Members' ...

Legalsuper appoints executive, increases premiums

JAMIE WILLIAMSON  |  MONDAY, 14 SEP 2020
... Proebstl flagged that its group insurance mandate will likely be put to tender down the line following a review of its insured benefit design. The last time a thorough review was undertaken was in 2005, he said. "We feel it's timely. The landscape ...

MS sufferer fights CommInsure definition

ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
... investigations acceptable to us..." CommInsure said it is currently in the process of offering this updated definition to group insured members but it does not currently apply to those - like Mary - who only hold insurance through their super fund. Mary's ...

Sunsuper announces investment, insurance changes

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... class to simply Alternative Strategies from 1 October 2020. Elsewhere, the definition of TPD has been updated for AIA insured Sunsuper for life Corporate plans and Sunsuper for life Business plans. "Members with Total & Permanent Disability cover who ...

Insurers COVID-19 response slammed

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JUL 2020
... introducing new policies with broader cover doesn't necessarily go far enough, as that doesn't change things for those insured under the old policies. FSC chief executive Sally Loane responded by saying: "The COVID-19 situation is fluid and therefore ...

Life insurance needs to prove value

ANNABELLE DICKSON  |  WEDNESDAY, 29 JUL 2020
... causing problems for life insurance cover and is leaving people exposed. "We have been proactive with members who have been insured as to whether they should do the ERS as they were at risk of losing their cover," Evans said. QInsure chief executive ...

Industry fund ups insurance premiums

HARRISON WORLEY  |  THURSDAY, 25 JUN 2020
... death and total and permanent disablement unitised cover as it tries to manage the tension between more claims and less insured members of the fund. This week ACSRF told members that in order to continue offering a sustainable and equitable insurance ...

Public super fund rejigs offering

KANIKA SOOD  |  WEDNESDAY, 17 JUN 2020
... on your level of cover and current age...For Death and TPD, premiums are expressed as annual rates per $1000 of amount insured. (Number of days in the month/365.25) x (Amount Insured/1000 x Premium Rate)," the fund said in a notice to members. Defence ...

Risk advisers under fire

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
... 45% on retail policies. "It also shows that income protection through super led to just 33.7 disputes per 100,000 people insured, compared to retail income protection policies, which came in at a staggering 150.5 disputes per 100,000 people insured," ...

How PYS changes caused 34% premium hikes

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... remove around 30% of members from insurance policies, and in doing so fundamentally change the group of members being insured within each individual superannuation fund across Australia," the spokesperson said. "Removing members from the shared insurance ...