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Showing 1 - 10 of 256 results for "Insured"

ART overhauls death and TPD insurance fees

RIDDHIMA TALWANI  |  FRIDAY, 15 MAY 2026
... of the initial payment, rising from 25% to 40%. The subsequent three payments will be paid out at 20% each. If the sum insured is less than $25,000, members will be able to access a lump sum payment as well. ART said it is making standard cover rules ...

Cbus members to see 46% increase in insurance fees

ELIZA BAVIN  |  MONDAY, 4 MAY 2026
... protection premiums," the spokesperson said. Additionally, a similar increase is to be rolled out for AustralianSuper's insured members. On average, members within the AustralianSuper plan, Super Options and Personal Plan will pay 40% more for TPD ...

NEOS, TAL honoured at Life Insurance Awards

STAFF WRITER  |  FRIDAY, 1 MAY 2026
... functional conditions while maintaining long-term product sustainability. Customers can receive up to 20% of their sum insured each year for claims involving conditions where recovery outcomes can vary, provided they continue to meet the 'Any Occupation' ...

Cbus calls for mandatory insurance warnings

ELIZA BAVIN  |  TUESDAY, 28 APR 2026
... high-risk industries. "Choosing a super fund tailored to your industry can be the difference between being adequately insured or not insured at all," he said. "For many workers, especially in high-risk jobs, insurance within super is a key source of ...

CSC to increase TPD premiums for PSSap members by 43.5%

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2026
... increasing the premiums it charges, CSC is changing the definition for 'mental illness' in its lifePLUS policies. Previously an insured member must be diagnosed by a psychiatrist who qualifies as a medical practitioner by the American Psychiatric Association's ...

First Super switches out group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 MAR 2026
... from members' accounts may not change. The fee will be equal to 4.67% of the total cost of insurance. "This change gives insured members greater visibility of the charging for the administration of insurance arrangements," the fund said. "First Super ...

Improvised super tax poses unfair, inequitable outcomes: Industry

MATTHEW WAI  |  TUESDAY, 20 JAN 2026
... (TSB) to reflect the amount of insurance proceeds received. "Similar situations can also arise following the death of an insured member in the fund. That is, the proceeds of a life insurance policy owned by the trustee(s) of the fund, which are allocated ...

TAL enhances TPD offering, support for self-employed customers

MATTHEW WAI  |  TUESDAY, 16 DEC 2025
... and functional conditions where recovery outcomes can vary significantly. Customers will also receive 20% of their sum insured each year for claims involving these conditions, provided they continue to meet the TPD criteria at annual review. TAL said ...

Mulino wants PII to step up to make CSLR sustainable

KARREN VERGARA  |  MONDAY, 15 DEC 2025
... Lloyd's underwriters, according to the paper. Most policies are distributed via insurance brokers, who represent the insured. As at 31 December 2020, there were 10 APRA-authorised insurers writing PII in financial services out of the 22 writing PII ...

PPS Mutual appoints new chair

ANGELIQUE MINAS  |  TUESDAY, 16 SEP 2025
... values-driven outlook." Describing his new role as an honour, Asher said: "The foundation of PPS Mutual lies in alignment with our insured members - when the company succeeds, members share directly in that success. That creates a culture of trust that ...
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