The 2020 FSC Life Insurance Summit is affording many in the sector this week the opportunity to reflect on the myriad of issues and challenges confronting Australia’s life insurance industry.
Riskinfo’s latest poll draws on a number of conversations that are taking place during the summit this week, where the focus will be on areas such as industry sustainability, mental health and mental health claims, and the industry’s ongoing response to the Coronavirus pandemic.
We’ve often asked this question at our industry round table events and will welcome your own take on what you think is the single most important action that you would take to solve Australia’s underinsurance dilemma.
…there’s no one single solution to underinsurance in Australia
We appreciate there’s no one single solution to underinsurance in Australia. When the answer arrives, it will likely be in the form of a combination of measures. But for the time being, if you had to identify the most important step, which would it be?
The options you’ve been provided with reflect the most popular and consistent responses we’ve received from advises and other round table panellists over the last ten years since our round tables have been operating.
Let us know what you think and we’ll report back to you next week…