Search Results | Showing 1 - 10 of 121 results for "Code of Practice" |
| | | The Life Insurance Code of Practice should be strengthened to reflect the growing mental health crisis, better support vulnerable customers and improve the claims-handling process. These are the key themes that emerged in the newly published Life Insurance ... |
| | | | ... not set industry policy or design products; rather, its role is to monitor compliance with the Life Insurance Code of Practice, she adds. Product limitations Monument says she is not aware of life insurers offering products specifically for mental health ... |
| | | | The independent review of the Life Insurance Code of Practice (Life Code) has released a consultation paper, setting out key questions to stakeholders and the public on how the Life Code can improve consumer benefits and insurers' conduct. The review ... |
| | | | ... these practices better. The work will run in parallel with the current independent review of the Life Insurance Code of Practice (Life Code) led by Peter Kell, which is due to conclude on 30 June 2026. Cupitt said life insurers have a responsibility ... |
| | | | ... individual circumstances. Releasing its report on life insurers' compliance with obligations in the Life Insurance Code of Practice (Life Code), the Life CCC said that although some insurers are meeting requirements by considering individual circumstances ... |
| | | | ... issue in 2022, and took over a year to resolve it. In July 2024, ANZ was sanctioned for breaches of the Banking Code of Practice by the Banking Code Compliance Committee. Some 18,900 customer accounts have been remediated $3.8 million for fees ANZ did ... |
| | | | ... Australian Life Insurers (CALI) has appointed Peter Kell to lead an independent review of the Life Insurance Code of Practice (Life Code). The review will begin on 1 October 2025. The Life Code sets enforceable standards life insurers agree to uphold ... |
| | | | Breaches of the Life Insurance Code of Practice (the Code) increased for a fourth consecutive year, with life insurers reporting 14,670 instances of non-compliance, a 19% increase from the previous period. The Code, the industry's north star for good ... |
| | | | ... articulate the different premium types and when these might increase," the regulators said. "The Life Insurance Code of Practice also requires life companies to explain how premiums may change at point of sale and each policy anniversary." Over the next ... |
| | | | ... taking no action and allowing the use of genetic testing results to continue to be governed by the Life Insurance Code of Practice, now overseen by the Council of Australian Life Insurers (CALI), and the Disability Discrimination Act 1992. If there were ... |
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