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TAL updates life insurance product range

Life insurer TAL has updated one of its series of life insurance products in an attempt to bring more options and flexibility for advisers.

Some of the new features available through its Accelerated Protection series, according to TAL, include:

  • Pricing
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Insurer wellness program boosting client recovery

A life insurer claims its mental health program has led to a seven-fold increase in customer participation in occupational rehabilitation.

Designed by the in-house health recovery specialist team of MetLife, it said the results of its Nourish program also showed … Read More...

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Stamp duties: report backs axing of ‘destructive’ insurance taxes

Insurance stamp duties are “economically destructive” and should be replaced with a broad-based property levy, the Grattan Institute says.

Its State Orange Book report, which outlines areas state and territory governments should look into, argues the taxes and insurance-based fire … Read More...

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Royal commission passes on general insurance

General insurance companies won’t be appearing before the Hayne royal commission’s final round of hearings starting on November 19.

The seventh round of the royal commission’s public hearings will consider regulatory reforms necessary to deal with cases of misconduct heard … Read More...

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Types of Risk Insurance

TYPES OF PERSONAL INSURANCE
Life Cover

Life Cover

Pays a lump sum on your death or the diagnosis of a terminal illness. So when the worst happens, your foresight will pay off the mortgage and other debts, provide for your children’s education, obtain child care and

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Do I need insurance?

DO I NEED INSURANCE?

The Answer:

If someone will suffer financially from you dying or not being able to work.

Under-insurance

  • 83% of Australian’s have insurance for their car
  • Only 31% insure their greatest asset… their ability to earn an income
  • Most Australian’s think
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