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Showing 81 - 90 of 100+ results for "Insured"

ClearView updates LifeSolutions suite, increases premiums

KERRIE SYDEE  |  MONDAY, 12 SEP 2016
... fee from all cover types. As a result the base premium rates have been adjusted as well as a small increase to large sum insured discounts for lump sum cover. In a statement Clearview said the life insurance industry had "consistently lost money on retail ...

Consumers turning to the internet for advice

KERRIE SYDEE  |  FRIDAY, 10 JUN 2016
... funeral insurance, trauma cover and total and permanent disability cover. We are also seeing an increase in the maximum sum insured value, an increase in the number of funds offering guaranteed future insurability and premium waiver under certain conditions." ...

Group insurers at mercy of a handful of super funds

MARK SMITH  |  TUESDAY, 7 JUN 2016
... clients change providers. The researcher highlights ASFA analysis which shows more than 70% of the life insurance sum insured is now distributed through superannuation funds. This has been steadily increasing in recent years and is arguably approaching ...

Government releases draft life insurance regulations

ALEX BURKE  |  FRIDAY, 8 APR 2016
... proposed clawback arrangements would not apply. These include where a policy is automatically cancelled due to the age of the insured, where the insured commits suicide or where premium rebates are offered to encourage customers to take up policies. ...

Life insurers must address group risk schemes: APRA

DARREN SNYDER  |  FRIDAY, 6 NOV 2015
... both by reducing automatic acceptance levels and tightening the application of underwriting requirements for large sums insured. The regulator said the industry's response to ongoing market volatility and a persistent low interest rate environment, together ...

Westpac to refund unwanted insurance

ALEX BURKE  |  THURSDAY, 29 OCT 2015
... cover they did not need, either because it covered risks that were not present or risks against which they were already insured."

FEATURE: Reshaping insurance

ALEX BURKE  |  THURSDAY, 22 OCT 2015
... The report, which analysed 15,408 risk options offered by 235 super funds and master trusts, revealed that average sum insured per dollar per week has fallen 4.6% over the past 12 months for combined death and total permanent disability (TPD) cover and ...

Direct life outpaced by group sector

ALEX BURKE  |  THURSDAY, 1 OCT 2015
... continued, saying that that direct insurers were struggling to compete with super funds who marketed increases in amounts insured directly to members. "Rice Warner expects superannuation funds to increase this cross and up-sell of insurance, as further ...

Early insurance claimants return to work faster

ALEX BURKE  |  THURSDAY, 17 SEP 2015
... are based on member data from 16 Australian super funds. Rice Warner estimates this data represents 43% of all "group insured lives" in Australia. The report also examined total and permanent disability (TPD) claims, concluding that musculoskeletal issues ...

Zurich launches planner client survey tool

ALEX BURKE  |  TUESDAY, 8 SEP 2015
... them with information such as the type of cover, level of debt, and knowledge - or lack thereof - of their clients' sum insured prior to the first meeting could be a game-changer," said Zurich head of sales strategy and research Andy Marshall. "The new ...