Lifeskills – Brought to you by AIA Australia
On 1 April hundreds of thousands of Australian workers will lose valuable life and disability insurance in their superannuation. In the current Covid-19 world, this is madness.
A recent trend in the life and health insurance market has been working in consumers’ favour. As insurance providers vie to gain a competitive edge in an increasingly crowded space, several have begun adding health and wellbeing programs to their product offerings, presenting their customers with various rewards and incentives for improving their health and fitness.
The full impact of AFCA's fees per complaint structure is yet to be felt since the agency has only been running since November 2018, says John Berrill.
With so many Australians impacted by the devastating bushfires this summer, AIA Australia wants to ensure that we’re ready to support our customers when they need us most. We know we have many customers who live in fire affected areas and already have claims with us. In addition to this, we recognise we are likely to receive more claims in coming weeks and months.
Changing careers can be daunting at the best of times, not least when you’re trying to recover from an injury. Yet, as Phil’s story shows, reskilling to a new trade can often provide a way forward. While a road accident at the age of 17 had left him with a serious leg injury, Phil’s real […]
Legislative reform is needed urgently to fix an unintended tax slug when rolling over super accounts, says John Berrill.
APRA’s update on life insurance claims shows a rise in claims acceptance, falling claims time frames and high loss/claims ratios, particularly in group insurance.
In advocating for the passing of the Protecting Your Super and Putting Members’ Interests First bills, numerous decision-makers and thought leaders external to the industry indicated they didn’t recognise the value provided by default insurance in super.
