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Showing 1 - 10 of 100+ results for "TPD"

Concern for consumers ahead of YFYS

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
... Under the reforms, workers will have one default fund that follows them from job to job. "Some total and permanent disability (TPD) and life insurance policies are industry or employer specific," Slater and Gordon practice group leader Sarah Snowden ...

Premiums to increase at ESSSuper

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... services based in Melbourne, informed members in its accumulation plan that the cost of death and total and permanent disability (TPD) cover will increase. Death per unit cost increased from $0.525 to $0.5450 (up 4%). Death and TPD per unit cost increased ...

PPS Mutual launches member offer

ANNABELLE DICKSON  |  MONDAY, 17 MAY 2021
... a current income protection policy with PPS Mutual can now apply to add or increase life, total and permanent disability (TPD) or trauma cover without providing medical evidence. Under this offer, members can receive maximum life cover and TPD cover ...

Media Super ups fees, premiums

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
... cover has also switched from 30 days/five years to 60 days/two years, with the new default costing $0.98 per week. Death and TPD cover will increase by three basis points, death only by two basis points and additional TPD units by one. Media Super's ...

Adviser-led TPD claim admittance rates fall

KANIKA SOOD  |  TUESDAY, 20 APR 2021
New data from APRA and ASIC shows 81% of adviser-led TPD claims were admitted in 2020, down from 87% two years ago. The joint claims data published by APRA and ASIC included death, total and permanent disability (TPD), trauma, and disability income ...

LGIAsuper overhauls insurance, closes product

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
... as 'white collar' and professional will remain the same. Under the changes the cost of death only cover will decrease while TPD cover will increase. From 1 May 2021, members declared blue collar will see their TPD cover premium increase from $1.32 to ...

AustralianSuper introduces insurance changes

KARREN VERGARA  |  WEDNESDAY, 17 MAR 2021
... pay 0.4% more. A 45-year-old member for example, will pay $10.95 in total for death ($3.45), income protection ($5.65) and TPD ($1.85) cover per week, which includes a nine-cent increase per week or $4.68 extra per year. A 25-year-old member for example ...

Industry fund ups life insurance premiums

JAMIE WILLIAMSON  |  MONDAY, 1 MAR 2021
... poll of Financial Standard readers found 85% expect group premiums to continue going up. LUCRF Super has also updated its TPD definitions, reducing the number of definitions a member can be assessed under from five to four and dropping the activities ...

MTAA Super increases premiums amid merger

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... claim numbers as well as changes to how the fund charges for cover. Those aged under 30 or over 51 will pay less for death and TPD cover, but for all other members prices will increase. For example, for a 45-year-old the cost if death and TPD cover will ...

MTAA, Tasplan reveal new brand

KANIKA SOOD  |  MONDAY, 18 JAN 2021
... strategy. T asplan raised its income protection premiums by 7.3% as at end of September 2020. MTAA also increased its death and TPD premiums in February 2020, attributing it to Putting Members Interests First and Protecting Your Super reforms and subsequent ...
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