Insurance in super code weak: ASIC
KARREN VERGARA  |  MONDAY, 10 SEP 2018
ASIC's latest review into insurance in superannuation shows the industry still has "significant weaknesses" despite the launch of the voluntary code of practice nine months ago.
Life insurer undertakes strategic review
JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
In the lead up to an appearance at the Royal Commission, an ASX-listed life insurer has announced it is undertaking a strategic review.
TAL enhances musculoskeletal underwriting initiative
KARREN VERGARA  |  MONDAY, 3 SEP 2018
Life insurer TAL has enhanced its musculoskeletal underwriting guidelines to manage neck pain and promote spinal health.
FSC responds to direct life insurance findings
KARREN VERGARA  |  FRIDAY, 31 AUG 2018
The Financial Services Council said it is "disappointed" ASIC's review into direct insurance has uncovered continuing practices of some life insurers that led to poor consumers outcomes.
Direct life insurance failing consumers: ASIC
KARREN VERGARA  |  THURSDAY, 30 AUG 2018
A comprehensive ASIC review of direct life insurance found sales practices and products that offer little to no value are leading to poor consumer outcomes.
BT overhauls life cover limits and definitions
JAMIE WILLIAMSON  |  WEDNESDAY, 29 AUG 2018
BT has announced a raft of enhancements to its Protection Plans products, including updated medical definitions and increased life insurance cover for farmers and homemakers.
More risk advisers offloading practices
KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
Pressures of the Royal Commission, the Life Insurance Framework and educational reforms are prompting risk advisers to hurriedly sell their practices at discount prices, a merger and acquisitions expert says.
TAL waives life premiums for drought-stricken farmers
KANIKA SOOD  |  TUESDAY, 28 AUG 2018
Life insurer TAL will waive insurance premiums for drought-affected farmers in New South Wales and Queensland for a period of six months, it announced today.
MetLife partners with industry fund for digital tool
HARRISON WORLEY  |  TUESDAY, 28 AUG 2018
MetLife Australia partnered with an $8 billion industry superannuation fund to launch its digital life insurance tool designed to speed up claims tracking and lodgment for fund members.
Life insurers take the Royal Commission stand
HARRISON WORLEY  |  TUESDAY, 28 AUG 2018
Some of Australia's prominent life insurers are preparing for time in the Royal Commission witness box, after case studies were announced for the sixth round of public hearings.
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