The annual awards from Canstar have identified the best performers in the Australian life insurance industry. The Canstar five star ratings give a weighting to both premium (value for money) and product (features and benefits) to come up with the winners in the “Outstanding Value”...
On 1 July 2014 regulations were introduced requiring that all new insurance policies issued to SMSFs be consistent with the Superannuation Industry (Supervision) regulations (SIS) conditions of release which are death, terminal illness, total and permanent disablement and temporary incapacity. As a result Own Occupation TPD,...
The latest market statistics released by Plan for Life today show that TAL has become Australia’s largest life insurance company. At the end of December 2013 the TAL Group had $1.877 Billion of Premiums in Force, more than any other life insurance company in Australia. In...
Plan For Life and AFA have announced their 2013 awards for excellence in the provision of products and services to financial advisers. CommInsure were announce the overall winner of the Platinum Life Company of the Year 2013 Award. Winners in each insurance product category were:: Term Life/TPD...
Ever wondered why insurers don’t reward a healthy lifestyle? Vitality, launched in Australia by AIA, does just that. Whether you already look after yourself, or you just need the right incentive, Vitality benefits both your wellbeing and your hip pocket. Taking out Vitality with an AIA Life,...
Canstar has announced OnePath and TAL as joint winners of its 2013 Outstanding Value Awards. This was the sixth consecutive year that OnePath has received this award. Canstar rankings are based on a value-for-money measure which is a combination of price (premiums) and features (benefits and...
by Wally Ripper Today TAL has announced that it has taken its shareholding in online life insurance comparator Lifebroker from 10% to 100%. Lifebroker provide quotes from different life insurance companies, one of which is TAL. Lifebroker also sits behind a number of other online comparison...
For the fourth consecutive year OnePath has been named the Money Management/DEXX&R Risk Company of the Year. Mark Kachor, managing director of DEXX&R said that OnePath continued to offer a strong product range, including premiums at the lower end of the market for death cover...
AIA have been named Life Insurance Company of the Year at the 10th Annual Australian Insurance Industry Awards, ahead of fellow finalists BT and MLC. The awards are determined by a panel of 16 industry experts and reasons given for naming AIA as the winner...
Insurance Watch survey released: 12 August 2013 by Wally Ripper Customer reviews of the life insurers on the Insurance Watch website have given OnePath the highest overall satisfaction rating. OnePath is 100% owned by ANZ Bank and has over $1.35 Billion premiums in force. Following close behind...