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Showing 81 - 90 of 179 results for "Trauma"

Focus on older men will kill financial planning

ALEX BURKE  |  FRIDAY, 22 JUL 2016
The over-representation of over-50 men in financial advice spells doom for the industry, according to Affinia head Marcus O'Sullivan. Commenting on a panel at the 2016 FSC Leaders Summit in Melbourne, O'Sullivan said the severe lack of diversity in ...

Life insurers must be more transparent: AFA

KERRIE SYDEE  |  FRIDAY, 10 JUN 2016
... Journey Study, three of the largest life insurance companies have allowed an independent assessment of their life insurance, trauma, TPD and income protection claimants from the last 12 months, with the results showing claimants who have a financial ...

Consumers turning to the internet for advice

KERRIE SYDEE  |  FRIDAY, 10 JUN 2016
... over the past twelve months. "We are seeing a greater number of funds offering optional extras such as funeral insurance, trauma cover and total and permanent disability cover. We are also seeing an increase in the maximum sum insured value, an increase ...

Advisers beware the uncomfortable truth of the ageing brain

MARK SMITH  |  FRIDAY, 13 MAY 2016
... cognitive decline. Conversely, younger people can experience significant cognitive impairment unexpectedly as a result of trauma, injury or disease. Financial advisers can help clients be proactive in managing the risks associated with cognitive decline ...

Life insurers paid $6.9bn in claims in 2015

MARK SMITH  |  WEDNESDAY, 11 MAY 2016
... insurance claims, $1.7 billion in income protection/BEX insurance, just under $1.6 billion in TPD claims and $710 million for trauma claims. The leading causes of claims were cancer, heart disease, mental health, musculoskeletal-related, neurological-related ...

CommInsure appoints independent review panel

ALEX BURKE  |  MONDAY, 18 APR 2016
... monitor the outcomes of the claims review panel. The appointment of the panel follows CommInsure's recent changes to its Trauma product definitions; the insurer is still in the process of notifying policyholders about these changes. "Our Product Disclosure ...

CommInsure enhances claims process

ALEX BURKE  |  FRIDAY, 11 MAR 2016
... claims. The CBA insurer has also said it is upgrading the heart attack and severe rheumatoid arthritis definitions in its Trauma offering; these definitions will be backdated to May 2014, the last time a product disclosure statement was issued. At the ...

Senate to investigate life industry

DARREN SNYDER  |  TUESDAY, 8 MAR 2016
... revealed that a review undertaken by CommInsure of 40 cases found that potentially more than half of critical illness (trauma) claims could have been declined based on the outdated definition that CommInsure used. It has been reported that the review ...

Narev apologetic in face of CommInsure allegations

MARK SMITH  |  MONDAY, 7 MAR 2016
... services giant, this time within its insurance arm. A joint Four Corners and Fairfax investigation alleged CommInsure knew its trauma insurance contained heart attack definitions that were out of step with contemporary medical thinking but continued ...

BT awarded Life Company of the Year

DARREN SNYDER  |  FRIDAY, 4 MAR 2016
... and CommInsure were runners up to BTFG for the main prize. TAL picked up two awards, the Term/TPD product of the year and Trauma product of the year. CommInsure were presented with the Investment Bond Award. Fox said financial advisers play a vital role ...