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Showing 1 - 10 of 478 results for "TPD"

Mental illness payouts balloon over $2.2bn: CALI

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
... Council of Australian Life Insurers (CALI). CALI said mental health is now the leading cause of total and permanent disability (TPD) claims, making up almost one in three claims paid. The $2.2 billion paid last year in retail mental health claims nearly ...

AMP actions impacted 'hundreds of thousands' of customers: Shine

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... savings. Shine Lawyers said the class action is open to individuals who held life insurance, total and permanent disability (TPD) insurance and/or salary continuance insurance through an AMP super fund between June 2019 and April 2024. Shine Lawyers ...

ClearView welcomes underwriting head

MATTHEW WAI  |  MONDAY, 30 JUN 2025
... will benefit from reduced or no mandatory medical requirements. There's also a new structured tiering system for Life, TPD, Trauma, Income Protection, and Business Expenses cover based on age and benefit amount, which ClearView said would prove more ...

Australian Ethical drops fees

ELIZA BAVIN  |  FRIDAY, 27 JUN 2025
... insurance. Standard Default Cover members will experience an increase in the amount of Death and Total & Permanent Disablement (TPD) insurance cover they receive, while Death and TPD cover for others will become or remain Fixed Cover. In addition, premiums ...

Group insurance premiums paid by super funds up 7%

ANDREW MCKEAN  |  TUESDAY, 24 JUN 2025
... 2022-23. Rainmaker also found that superannuation funds now offer average standard death and total and permanent disability (TPD) cover up to $225,000 for young members, dropping to $64,000 for pre-retirees. For a 20-year-old this cover costs $2.25 per ...

ART makes sweeping changes to corporate super plans

ELIZA BAVIN  |  MONDAY, 23 JUN 2025
... July 1, Australia Post Superannuation Scheme members will see changes to premiums for death, total & permanent disability (TPD) and income protection rates. The change will vary based on a members' gender and age. Members under the age of 50 will receive ...

TAL partners to expand access to affordable insurance

MATTHEW WAI  |  MONDAY, 16 JUN 2025
... It comes as Cover Genius estimates one million Australians are underinsured for death and total and permanent disability (TPD), while 3.4 million have no or insufficient income protection, especially among younger Australians. "Cover Genius' data shows ...

TAL scores new super fund mandate

JAMIE WILLIAMSON  |  FRIDAY, 13 JUN 2025
... cover rises from $5 million to unlimited, for terminal illness it doubles from $2.5 million to $5 million, and the maximum for TPD will rise from $2 million to $3 million. Zurich had held the mandate for some time, with it most recently renewed in 2022. ...

GESB to roll out premium changes

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025
... premium waivers for some members. From July 1, certain types of insurance will see premium reductions; GESB offers death, TPD and salary continuance insurance. Premiums for death cover will be reduced. For a 40-year-old male with death cover only, his ...

BUSSQ lowers administration fees

ELIZA BAVIN  |  TUESDAY, 27 MAY 2025
... support the delivery of products and services to members." As a result, all members will see premiums for their death and TPD cover rise. For example, a manual worker with the default four units of both cover types will see their collective premiums ...
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