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Showing 81 - 90 of 512 results for "TPD"

TAL launches new look Accelerated Protection range

JAMIE WILLIAMSON  |  MONDAY, 11 SEP 2023
... children. Features of the updated products include long term affordable benefits for a broader range of customers, more tailored TPD pricing and new occupation classes, income protection benefit changes to accommodate more needs, and changes to levels ...

Spirit Super introduces insurance admin fee

JAMIE WILLIAMSON  |  MONDAY, 11 SEP 2023
... reduced your premiums." In March 2023, Spirit Super negotiated with MetLife to drop some premiums by 25%. Fees for death and TPD went down by between 14.2% and 24.8%, while income protection premiums reduced by 7.7%. At the time, Spirit Super chief executive ...

Super funds prime distributor of death, TPD cover

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
Australians paid an estimated $13 billion in death and TPD premiums last year, more than half of which through superannuation funds, Rainmaker Information says. While the amount paid was up 5.5% per annum over the last decade, this rate of growth has ...

FSCP issues slap on the wrist to adviser

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... between the new and existing provider up to the maximum amount allowed without underwriting. "Although the clients held life and TPD insurance in their existing superannuation fund, the relevant provider failed to consider their existing insurance or ...

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
An industry super fund has announced a reduction in weekly insurance premiums for death, terminal illness, TPD, and income protection cover. First Super reduced the weekly cost of its default insurance cover, prompted by fewer than expected claims in ...

Leigh Watson caps four decades in industry

ELIZABETH FRY  |  FRIDAY, 14 JUL 2023
... savings to customers," he said, adding that uncertainty of claims costs for disability products, both income protection and TPD, remains the biggest challenge for the industry. As for super funds, Watson stated health and wellness strategies are also ...

Cbus informs members of premium changes

JAMIE WILLIAMSON  |  TUESDAY, 4 JUL 2023
Almost all Cbus members will see their death and TPD premiums drop next month, however most of the fund's older members will pay more. Premiums will rise from August 26, members were told, with the industry fund saying the increase for older members ...

FSCP hands down second order, audits adviser

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
... client move to a new superannuation fund after being cold called to do so. Mr. M failed to consider the client's life, TPD and income protection policy in the prior super fund when recommending the switch in the SoA. Furthermore, Mr. M recommended ...

TelstraSuper introduces new option, drops premiums

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
... the smallest saving is still 11.5%. TelstraSuper has also secured another three years of "competitive rates" for death and TPD cover, it said. TelstraSuper head of insurance and claims Fiona La Greca described it as a great outcome for members. "As a ...

ESSSuper reduces admin fees, renews insurance mandate

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2023
... Australia, saying that it negotiated 10 policy changes to the benefit of members and at no extra cost. Changes to death and TPD cover include replacing the two-year pre-existing condition exclusion with 30 consecutive days of employment from start of ...