Search Results | Showing 1 - 10 of 23 results for "Life Code Compliance Committee" |
| | | ... following an industry review that found repeated gaps in the handling of longer-running claims. The Life Code Compliance Committee (Life CCC) examined total and permanent disability (TPD) and income protection claims across six insurers, identifying ... |
| | | | The Life Code Compliance Committee (Life CCC) has published its FY26 annual report, which saw over 10,600 breaches by insurers with close to 30,000 customers affected. Of the 10,697 breaches in FY26, a single insurer accounted for 10,105, who has been ... |
| | | | ... discounts may affect future costs; and greater accountability, including broadening the powers of the Life Code Compliance Committee "Throughout this process, it is essential customers remain at the centre of all our discussions, particularly those with ... |
| | | | The Life Code Compliance Committee (Life CCC) has laid out its priorities for the current financial year, including providing the necessary support required for the upcoming implementation of the revised Life Code (Code). The focus in FY27 is largely ... |
| | | | ... health cover in standard form contracts, even if consistent with the DDA. Kell also advised the Life Code Compliance Committee should consider a review in this area prior to the next review. Commenting, Kell said the review is crucial to provide guidance ... |
| | | | ... definition or guideline that sets out what constitutes a 'blanket mental health exclusion', the Life Code Compliance Committee (Life CCC) generally considers a blanket exclusion to be a broad, automatic application to all policyholders regardless ... |
| | | | ... fastest-growing cause of life insurance claims, particularly impacting younger Australians. The Life Code Compliance Committee (Life CCC) recently admonished many life insurers for continuing to apply blanket mental health exclusions despite being required ... |
| | | | ... $2.2 billion in the past year, positioning mental health as the leading cause of TPD claims. The Life Code Compliance Committee has also found that many insurers are currently using blanket mental health exclusions, rather than exploring alternative ... |
| | | | ... than 200,000 customers, nearly double the number impacted in the previous year, according to the Life Code Compliance Committee's 2023-24 annual report. Most insurers saw their breach count climb, with five companies responsible for 90% of all reported ... |
| | | | ... instances recorded, yet the body overseeing their conduct fears this is likely under-reported. The Life Code Compliance Committee (LCCC) saw another increase in the number of code breaches during 2022-23, rising 9% and amounting to 12,314. Four life ... |
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