Our latest poll results show that most advisers believe they will be forced to charge for their services at claim time if risk commissions are banned.
Category: Claims
Advisers to Charge for Claims Servicing?
As we await the outcome of the closest federal election in recent history, we look ahead to one of the areas that would be impacted if risk commissions are banned.
Our latest poll question is:
CommInsure Lump Sum IP Claims
CommInsure has reported two recent claims cases which have taken advantage of the lump sum benefit payment option within its income protection product.
Banning Risk Commissions in Super - Impact on Premiums
What will be the impact on insurance premiums if risk commissions in superannuation are banned?
risk store Releases 2009 Industry Claims Data
A slight decline in term insurance claims paid last year has been mostly offset by higher claim benefits paid across TPD, trauma and income protection insurance, according to the risk store’s 2009 industry claims data.
‘What if it was me?’ Test for Advisers
Advisers should be asking themselves ”What if it was me?”, when it comes to putting in the extra yard for clients at claim time, according to leading Adelaide adviser, Mark Thompson.
MLC Online Service Upgrade
MLC has released a new version of its Group Insurance online management tools, its second major upgrade in the last few years.
Intended to provide advisers, scheme administrators and plan members with faster service and easy access to all policy information, the updated system offers:
Good News Claims Story
Zurich’s latest Risk Pulse publication has reported a positive story about a claimant who experienced an extensive breast cancer treatment program before realising she was covered under an almost-forgotten trauma insurance policy. This story has found its way onto the public radio waves.
New AIA Claims Tracking Service
AIA Australia (AIA) has announced the launch of a new online Claims Tracking tool, intended to enhance the claims experience for advisers and their clients.
Largest Ever Claims Experience Study
IFSA and KPMG Actuaries have released the results of the largest ever investigation into life insurance claims experience, with the results confirming established rating factors.








