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Showing 1 - 10 of 443 results for "TPD"

Hostplus rejigs Maritime Super insurance

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
... terms of membership, according to Rainmaker Information. To improve members' ability to claim total and permanent disability (TPD) insurance, Hostplus will raise the age limit for making a claim from 65 to 67. It will also change the definition from ...

MIESF adjusts insurance premiums

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
Meat Industry Employees' Superannuation Fund (MIESF) will increase total and permanent disability (TPD) insurance premiums by 5.4%, effective July 1. MIESF said that while it has a history of providing good value insurance products at competitive rates ...

ClearView closes ClearChoice Super Rollover, launches trauma options

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... increase the amount payable under trauma for catastrophic events. "These options can also potentially be used in place of TPD, for example, in situations where certainty through objective definitions is desirable or where any or own occupation definitions ...

AustralianSuper announces insurance changes

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... (default) cover early (before their super account balance reaches $6000) transfer Death and/or Total & Permanent Disablement (TPD) cover from another super fund or insurer increase Death and/or TPD cover due to a Life Event have age-based or age-based ...

Aussies underestimate life insurance's importance: Investment Trends

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
... assistance with policy cancellation. "In a market where 800,000 Australians are interested in Total Permanent Disability (TPD) insurance, and 1.8 million are considering Income Protection insurance, the impact of a trusted brand cannot be understated," ...

UniSuper selects new group insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 APR 2024
... UniSuper said its default insurance offering has been improved to provide greater death and total and permanent disablement (TPD) cover at the life stages members most likely need it and less cover when they're younger; "Think of it as a curve that rises ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... of difference in cover include AvSuper members who have any amount of unitised death and total and permanent disablement (TPD) on the transfer date will become fixed cover in ART. ART's fixed TPD cover tapers or reduces for older members, while its ...

Overhaul of TPD structure, pricing needed: MLC Life

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... live with the same level of financial security," it said. When it comes to lodging a claim for total permanent disablement (TPD) insurance, the current default system of insurance provision, 55% of respondents said they would claim or even consider it ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
... reduction from June 2018 to June 2023. A comparable decline was observed in the coverage for Total and Permanent Disability (TPD). The previous government's PYS measures, effective from 1 July 2019, aimed to safeguard Australians' superannuation ...

Qantas Super reduces premiums again

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
... premiums for income protection reduced by 13%, while rates for default and voluntary death and total and permanent disablement (TPD) cover were lower by about 16%. TPD cover, for example, for members aged up to 30 years old now pay 68 cents for every ...
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