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Insurance

Macq Life upgrades risk products

PRESS RELEASE  |  TUESDAY, 11 MAY 2010
Macquarie Life has improved the total and permanent disability (TPD) and disability income insurance features of its FutureWise and Super Protector risk products.

Investment managers gain fraud insurance

MICHAEL HOBBS  |  FRIDAY, 7 MAY 2010
Investment managers can insure against rogue traders or internal fraudsters after a local firm launched its suite of insurance of products for financial services providers.

AMP upgrades insurance

PRESS RELEASE  |  WEDNESDAY, 5 MAY 2010
AMP has enhanced its risk insurance by launching a number of services to assist adviser with the underwriting process and also improving its trauma product.

MLC launches high income protection

MICHELLE BALTAZAR  |  FRIDAY, 30 APR 2010
MLC raises the stakes in income protection with its new product designed for high income earners, offering financial planners the choice to give their HNW clients as much as double the industry standard in monthly benefits.

TOWER enhances Accelerate Protection

PRESS RELEASE  |  THURSDAY, 29 APR 2010
TOWER Australia has upgraded its Accelerated Protection risk insurance product and improved its online service.

AXA upgrades insurance in super

PRESS RELEASE  |  WEDNESDAY, 28 APR 2010
AXA Australia has added its financial protection product, Elevate, to the Summit, Generation and iAccess investment platforms.

Planning firm to drop commission-based insurance advice

MICHELLE BALTAZAR  |  WEDNESDAY, 7 APR 2010
It's not going to happen overnight but NAB-owned planning group Godfrey Pembroke has set in motion a strategy that will switch all of its planners out of providing commission-based advice on insurance and mortgages.

Perpetual Select Super to slash insurance premium by 40pc

RUTH LIEW  |  TUESDAY, 6 APR 2010
The $850 million Perpetual Select Super Plan has terminated its insurance mandate with ING Australia and appointed AIA as its new insurer - a move that saw the plan cut premium rates by up to 40 per cent for some members.

Aussies to rely on govt when insurance falls short: survey

RUTH LIEW  |  TUESDAY, 30 MAR 2010
More than two-thirds of Australians are under the illusion that the Federal Government will provide financial support to families if a member dies prematurely - one of the misconceptions driving underinsurance.

MetLife Australia names new chief

PRESS RELEASE  |  MONDAY, 29 MAR 2010
The former chief of ING New Zealand, Marc Lieberman, is the new head of Metlife Insurance in Australia.