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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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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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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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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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CommInsure wins Life Company of the Year

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...

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AIA Launches Vitality in Australia

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,...

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Canstar announces 2013 winners

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...

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TAL buys Lifebroker

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...

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