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Showing 1 - 10 of 190 results for "Trauma"

ACCC approves Zurich's ClearView takeover

KARREN VERGARA  |  MONDAY, 18 MAY 2026
... Assurance provides a range of life insurance products to customers in Australia, including life, income protection, TPD and trauma insurance. ClearView primarily supplies these life insurance products under its ClearChoice brand and via the retail financial ...

MWL complainants given $100k in lead decision outcome

MATTHEW WAI  |  MONDAY, 19 JAN 2026
... inappropriate. One of the complainants received insurance advice that wasn't completed properly, resulting in a loss of trauma insurance. MWL did not dispute that the advice to invest in Shield was inappropriate and that the loss cannot be calculated ...

SMC calls for greater protections against financial abuse of older Australians

ANGELIQUE MINAS  |  MONDAY, 15 SEP 2025
... protection as active threats against their retirement savings from those closest to them. SMC's submission calls for stronger, trauma-informed complaint handling and dispute resolution to prevent prolonged disputes. Acknowledging the negative impact ...

Investments, advice complaints jump 18%

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
Investments and financial advice complaints jumped 18% in the 2025 financial year, thanks to the failures of United Global Capital, Shield Master Fund, First Guardian Master Fund and Brite Advisors. This is according to the Australian Financial Complaints ...

ClearView welcomes underwriting head

MATTHEW WAI  |  MONDAY, 30 JUN 2025
... head of underwriting. The life insurer also rolled out a slew of underwriting updates across its medical requirements and trauma definitions. Peter Tilocca has joined as the new head of underwriting, bringing over 20 years of experience in life insurance. ...

Zurich fined over false and misleading statements

MATTHEW WAI  |  MONDAY, 19 MAY 2025
... Investments Commission (ASIC) over alleged false and misleading statements to two policyholders. In May 2024, Zurich declined two trauma insurance claims advising the policyholders that their particular medical conditions were excluded, and no benefit ...

Life insurance premiums edge lower

ANDREW MCKEAN  |  TUESDAY, 6 MAY 2025
... 18.5% over the year, falling to $1.11 billion. This includes policies covering death, total and permanent disability (TPD), trauma, and income protection. Within that segment, lump sum new business fell 11.2% year-on-year to $809 million. However, new ...

Life insurers enhance domestic violence response

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
The Council of Australian Life Insurers (CALI) released new best practice guidance on family and domestic violence that sets new benchmarks for life insurers to better understand and engage with victim-survivors. The detailed framework will help Australian ...

Federal Court approves AMP BOLR class action settlement

KARREN VERGARA  |  MONDAY, 9 SEP 2024
... shattered by the decision to alter the BOLR Policy. Many remain in significant debt. Most have experienced deep personal trauma and anxiety. Some have suffered with suicidal ideation," the judge said. "These are broken individuals who cannot accept that ...

MetLife refreshes two products

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... effect on June 30 impact policyholders in MetLife Protect and MetLife Protect Super. MetLife Protect insures against death, trauma, disability, illness, or injury, while MetLife Protect Super is a risk-only superannuation product. MetLife Protect Super ...
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