{"id":13269,"date":"2011-11-17T12:48:56","date_gmt":"2011-11-17T02:48:56","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=13269"},"modified":"2021-04-15T10:20:05","modified_gmt":"2021-04-15T00:20:05","slug":"fast-tracking-claims-new-focus-on-mining-sector-highlight-latest-comminsure-update","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2011\/11\/17\/fast-tracking-claims-new-focus-on-mining-sector-highlight-latest-comminsure-update\/","title":{"rendered":"Fast-tracking Claims, New Focus on Mining Sector Highlight Latest CommInsure Update"},"content":{"rendered":"<p>CommInsure has almost\u00a0completed its national adviser roadshow series, which introduces a range of product and service enhancements for advisers and their clients.<\/p>\n<p>Presented under a theme associated with &#8216;More&#8217;, CommInsure outlined its initiatives in terms of More Cover, More People (eligible for cover), More Benefits and More Support.<\/p>\n<p><!--more--><\/p>\n<p>The insurer has targeted specific product and service segments\u00a0which it sees as either reflecting economic trends (eg the continuing growth of the mining sector), social trends (more part time workers)\u00a0\u00a0or presenting enhanced service benchmarks\u00a0through better\u00a0use of technology.<\/p>\n<p>A key product enhancement announced by CommInsure is the introduction of 33 new mining occupations now able to access risk insurance cover.\u00a0 This\u00a0increases mining-specific occupations in CommInsure&#8217;s book to more than 40.<\/p>\n<h6>Having a unique occupations-based cover means that we can provide life cover right across the mining sector<\/h6>\n<p>CommInsure&#8217;s General Manager, Retail Advice, <strong>Tim Browne<\/strong>,\u00a0commented: &#8220;Our medical specialists and underwriters have analysed mining jobs, conditions, salaries and medical requirements to open up more insurance options for miners.\u00a0 Having a unique occupations-based cover means that we can provide life cover right across the mining sector.&#8221;<\/p>\n<p>Other product enhancements included:<\/p>\n<ul>\n<li>Provision for blue collar workers to be able to access a new own occupation option on TPD cover. Clients only need be absent from their own occupation, not all occupations, in order to claim.<\/li>\n<li>Reduction of\u00a0the threshold for part-time workers from 30 to 20 working hours per week, in order to qualify for income protection and TPD.\u00a0 CommInsure notes this\u00a0move reflects increasingly flexible and varied work arrangements, with more than 35 per cent of employees now working part-time in Australia.<\/li>\n<li>Ability to replace 100% of pre-disability income for income protection policy holders suffering serious medical conditions (total disability claims)<\/li>\n<li>Higher sums insured available for child cover<\/li>\n<\/ul>\n<p>Highlighting CommInsure&#8217;s services upgrade was the announcement of significant service improvements in processing trauma insurance claims.\u00a0 Previously having focused on reducing the average time taken to manage income protection claims, the insurer says it is now processing 40% of new trauma claims in 48 hours.<\/p>\n<p>Other support initiatives highlighted by CommInsure included:<\/p>\n<ul>\n<li>An updated adviser website<\/li>\n<li>A new range of courses available at no cost,\u00a0through the CommInsure Risk Sales Academy<\/li>\n<li>Availability of CommInsure&#8217;s Technical Managers, led by <strong>Jeffrey Scott<\/strong>, to assist advisers better understand industry and product developments<\/li>\n<\/ul>\n<p>In summarising this round of enhancements, Mr Browne commented, &#8220;Many individuals go through life thinking that illness or injury will not happen to them. The unfortunate reality is that it can and does happen. These product enhancements will make it easier for more Australians to put more cover in place.&#8221;<\/p>\n<p>Advisers can <a href=\"https:\/\/riskinfo.com.au\/news\/files\/2011\/11\/111117-comminsure-enhancements.pdf\" target=\"_blank\" rel=\"noopener\">click here<\/a> for more details regarding these enhancements, which take effect from\u00a020 November 2011.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CommInsure has almost\u00a0completed its national adviser roadshow series, which introduces a range of product and service enhancements for advisers and their clients. Presented under a theme associated with &#8216;More&#8217;, CommInsure outlined its initiatives in terms of More Cover, More People (eligible for cover), More Benefits and More Support.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-13269","post","type-post","status-publish","format-standard","category-products"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/13269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=13269"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/13269\/revisions"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=13269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=13269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=13269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}