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Showing 1 - 10 of 566 results for "Income Protection"

ASIC, APRA target insurers' TPD product sustainability

KARREN VERGARA  |  MONDAY, 25 MAY 2026
... months. Most recently, though, AustralianSuper's group insurer TAL said about 35% of the super fund's TPD, income protection and terminal illness have been initiated digitally. The median time to lodge a claim online has reduced to five business ...

ACCC approves Zurich's ClearView takeover

KARREN VERGARA  |  MONDAY, 18 MAY 2026
... ClearView Life Assurance provides a range of life insurance products to customers in Australia, including life, income protection, TPD and trauma insurance. ClearView primarily supplies these life insurance products under its ClearChoice brand and via ...

ART overhauls death and TPD insurance fees

RIDDHIMA TALWANI  |  FRIDAY, 15 MAY 2026
... on average by 14.1% and 31.2% for male and female members respectively. In the case of a member opting-in for income protection, premium rates are decreasing on average by 16.6% for all members. However, if a member holds insurance cover through their ...

Insurance premiums to drop for HESTA members

JAMIE WILLIAMSON  |  THURSDAY, 7 MAY 2026
... 12%. From July 1, members will pay less for the same level of death, total and permanent disability (TPD), and income protection cover. On average, the cost of death cover will drop by 6%, while TPD cover will cost about 15% less. Depending on the benefit ...

Income support system cannot handle claims surge: CALI

VINNY VUCAGO  |  WEDNESDAY, 6 MAY 2026
... of the increase. It accounts for roughly one in three total and permanent disability claims and one in five income protection claims, placing sustained pressure on insurers and government programs. CALI chief executive Christine Cupitt said the system ...

Cbus members to see 46% increase in insurance fees

ELIZA BAVIN  |  MONDAY, 4 MAY 2026
... cover premiums will increase between $0.19 cents and $10.24 per week. There will also be a 12% increase for some income protection categories, the first rise in five years. Cbus said a typical member - 30 years old and working in a manual occupation ...

TPD and disability claims behind 88% of life insurance disputes

RIDDHIMA TALWANI  |  THURSDAY, 30 APR 2026
... claims nearly doubled the amount recorded five years ago. Further, mental ill health is also driving one in five income protection claims, with payouts totalling $887 million in 2024, CALI said. CALI noted the trend was especially significant among younger ...

CSC to increase TPD premiums for PSSap members by 43.5%

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2026
... our insurer, AIA, CSC has implemented a mix of premium changes which includes an increase to TPD and five-year income protection premiums," the spokesperson said. The spokesperson also stated that the rises in mental health conditions are being seen ...

First Super switches out group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 MAR 2026
... the past 14 years, having been appointed in July 2012. Under the change, the premiums per unit or dollar of income protection and death cover will decrease. Income protection will go down by about 24.6%, while death cover will be decreased by 15.4%. ...

TAL to create Pathways for simpler mental health claims

MATTHEW WAI  |  TUESDAY, 3 MAR 2026
... Cooperative Research Centre (DHCRC), University of Sydney, and Workcom to improve the experience of making an income protection claims for mental health reasons. The new platform will be developed with customers and frontline teams, incorporating research-informed ...
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