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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23 September 2014 — Life Insurance News 0

Canstar names Zurich and TAL as best overall value

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”...

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01 July 2014 — Life Insurance News 0

Important changes affecting SMSFs

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,...

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14 April 2014 — Life Insurance News 0

TAL becomes largest Australian life company

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...

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