Royal Commission cracks down on life insurance phone sales
KARREN VERGARA  |  THURSDAY, 5 JUL 2018
The banking and financial services Royal Commission has unearthed the unethical practices and incentives of life insurers selling policies over the phone at the expense of the most vulnerable customers living in remote communities.
Same insurance cover, different price: Research
KARREN VERGARA  |  TUESDAY, 3 JUL 2018
Group insurance remains cost effective and beneficial for members, but there's significant disparity among premium rates and the level of cover superannuation funds are offering, latest Rainmaker research reveals.
Unintended consequences for opt-in insurance: KPMG
HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
Group life insurance premiums are set to rise if the Federal Government implements proposed changes to default insurance in superannuation, according to KPMG.
TAL to boost adviser underwriting knowledge
HARRISON WORLEY  |  MONDAY, 25 JUN 2018
A new underwriting education initiative from TAL will help advisers and clients better understand the underwriting process.
Efficiency and transparency drive client satisfaction during life claims: Beddoes
HARRISON WORLEY  |  THURSDAY, 21 JUN 2018
Latest Beddoes Institute research reports client satisfaction at claim time is driven by two key factors.
TAL veterans launch new life insurance provider
ALEX BURKE  |  WEDNESDAY, 20 JUN 2018
A group of former TAL executives have launched a new distributor of life insurance products backed by a global reinsurer.
Default life insurance reforms ineffective: Research
KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
The Federal Government's proposal to ban default life insurance in superannuation for younger members and those with low balances would supress retirement savings and cost the economy $2.46 billion annually, latest research from AIA Australia shows.
Life insurer early intervention a win: Research
KARREN VERGARA  |  WEDNESDAY, 6 JUN 2018
New research strongly backs the economic and health benefits of allowing life insurers to provide intervention and rehabilitation treatment for thousands of Australians each year.
Daido Life buys stake in life insurer
KARREN VERGARA  |  WEDNESDAY, 6 JUN 2018
Japanese life insurer Daido Life acquired a 14.9% stake in an Australian life insurer in an effort to expand offshore.
Members abandon bank-aligned group insurers
KARREN VERGARA  |  TUESDAY, 5 JUN 2018
Latest Rainmaker group insurance research shows the share of superannuation fund members associated with a bank-aligned group insurer has halved in the last four years.
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