20 August 2015 — Life Insurance News 0

AIA named ANZIIF Life Company of the Year

Winners of the 12th Annual Australian Insurance Industry Awards have been announced by the Australian and New Zealand Institute of Insurance and Finance (ANZIIF). AIA Australia received the award for Life Insurance Company of the Year, making this the third time in the last four years...

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22 July 2015 — Life Insurance News 0

Children are top reason for buying insurance

A recent study has shown that the main trigger for taking out life insurance is having children. The survey of 1500 Australians conducted by Asteron Life asked consumers to nominate life events which would prompt them to take out life insurance or income protection.  The results...

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15 June 2015 — Life Insurance News 0

New Redundancy Insurance Policy Launched

A new standalone redundancy policy has been launched to fill a gap left by traditional income protection and loan protection policies. Recent analysis by the Weekend Australian on 25th April 2015 revealed 1.2 million Australian workers did not expect to be with their current employer in...

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11 March 2015 — Life Insurance News 0

TAL named 2014 Life Company of the Year

TAL has been named Life Company of the Year for 2014 by AFA and Plan for Life.  This is the fourth time in the last five years that TAL has won this award. Judging criteria for these awards is based on five key areas: financial strength,...

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27 January 2015 — Life Insurance News 0

Survey shows Insurance valued but not taken up

Recent research undertaken by insurer TAL has highlighted that while Australians rate the importance of life insurance highly this is not matched by their take-up of this insurance. While 79% of those surveyed rated life insurance, including TPD, income protection and trauma insurance, as important or...

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15 January 2015 — Life Insurance News 0

High number of SMSFs have no life insurance

Research conducted by Plan for Life has reported that 84 per cent of SMSF members aged 18 to 64 years do not hold any life insurance. This is in spite of government legislation which imposes an obligation on trustees to consider insurance for their members. The...

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03 October 2014 — Life Insurance News 0

Super fund insurance costs on the rise

It used to be that life insurance through super funds was priced cheaply due to their group rates. However this may no longer be the case. Over the last year research by Canstar has confirmed premium increases averaging between 11% and 27% for life insurance through...

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25 September 2014 — Life Insurance News 0

ClearView Parent Cover pays for funeral costs

ClearView have recognized that when a parent passes away there is usually a need for immediate, sometimes considerable, funds to provide a suitable farewell. Funeral costs can range from $4000 to $14,000 including cremation or burial costs, flowers and memorial service (according to moneysmart.gov.au). Unfortunately...

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