Category | Products

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Latest Poll – APRA’s Action on Income Protection Insurance

Our latest poll is asking whether you support APRA’s intervention on income protection insurance products. (more…)

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2 · December 3, 2019 in Compliance & Regulation, Polls, Products  

Decline in Life Insurance Industry Performance Continues

Australia’s life insurance industry’s performance continues to decline, according to the Australian Prudential Regulation Authority’s latest Quarterly Life Insurance Performance Statistics publication for the September 2019 quarter. (more…)

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3 · November 28, 2019 in General, Products  

OneCare Update

OnePath has broadened access to its OneCare Extended Terminal Medical Condition feature. (more…)

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0 · November 26, 2019 in Products  
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New CommInsure Gift Offer

CommInsure has launched a campaign in the form of gift voucher offers for new customers. (more…)

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0 · November 25, 2019 in Products  
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MLC Pass-Back Definitions Upgrade

MLC Life Insurance has released a set of enhancements for its now-closed Personal Protection Portfolio and Protectionfirst product ranges. (more…)

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0 · November 15, 2019 in Products  
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BT Premium Discount Offer

BT Life Insurance has launched a limited-time offer of a 25 percent discount off the first year’s premium for new stepped premium BT Protection Plans lump sum policies. (more…)

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3 · November 5, 2019 in Products  

New CommInsure SPDS/PDS

CommInsure has released a new version of its Product Disclosure Statement by adding a Supplementary PDS which outlines the implementation of the Joint Co-operation Agreement between AIA Australia and CBA. (more…)

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0 · November 4, 2019 in Products  
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Call For Ban on Life Insurance APLs

Bank whistleblower, Jeff Morris, has called for the government to ban the use of life insurance Approved Product Lists by vertically-integrated advice licensees, citing the inability of institutions to properly manage conflicts of interest. (more…)

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2 · October 23, 2019 in Compliance & Regulation, Products  

FSC Fires Back at ASIC’s TPD Insurance Criticisms

The Financial Services Council has called out ASIC’s reliance on data from 2016/17, used in the regulator’s recently released report that found ‘significant industry-wide problems’ with the design of total and permanent disability insurance and the claims handling process. (more…)

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1 · October 18, 2019 in Associations, Claims, Compliance & Regulation, Products  
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Launch of ‘Unique’ SME Insurance Offer

Integrity Life has launched what it says is the only group and income life insurance product for businesses with as few as five employees. (more…)

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0 · October 8, 2019 in Products