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Insurance

Westpac faces class action over life insurance

KARREN VERGARA  |  MONDAY, 16 OCT 2017
Westpac is facing a class action for allegedly charging higher life insurance premiums via its network of financial planners.

MLC Life enriches health and wellbeing program

JAMIE WILLIAMSON  |  MONDAY, 16 OCT 2017
MLC Life Insurance is offering discounted premiums to customers that take at least 37,500 steps each week.

Intrust offers more premium reductions

KARREN VERGARA  |  THURSDAY, 12 OCT 2017
Intrust Super will also reduce life and total disability insurance premiums shortly after it dropped income protection premiums by as much as 12%.

MLC fixes premiums for 12 months

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
MLC Life Insurance's base premium rates for retail life insurance policies will remain on hold until October next year.

AMP improves adviser mental health training

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
AMP has refreshed its mental health training for financial advisers with new content that exceeds the minimum standards of the Life Insurance Code.

Risk advice firm partners to launch claims service

ALEX BURKE  |  MONDAY, 9 OCT 2017
A specialist risk advice group has partnered with a third party life insurance claims administrator to launch a claims handling service for policyholders.

To opt in or out of life insurance: Spot poll

KARREN VERGARA  |  TUESDAY, 3 OCT 2017
There are mixed feelings about whether young superannuation fund members should opt in to life insurance, the latest Financial Standard poll reveals.

Life insurers challenged by waning planner loyalty

JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2017
Almost half of all financial planners cut ties with at least one life insurer in the last 12 months and a further 27% intend to follow suit.

MetLife tracker enhances claims experience

KARREN VERGARA  |  MONDAY, 25 SEP 2017
MetLife Australia has enlisted an industry super fund to help launch a digital tracker aiming to add value to members' claims experience.

Hiking life premiums is short-term thinking: ANZ Wealth

KARREN VERGARA  |  THURSDAY, 21 SEP 2017
Life insurers need "common sense" when designing more affordable products that are sustainable for consumers and will create sustainable businesses for financial advisers, according to a new ANZ whitepaper.