Life Insurance Blog
Header

Weekly Life Insurance News Roundup

July 30th, 2012 | Posted by Editor in News

Let’s not ignore personal cover
THE National Disability Insurance Scheme is a long-awaited and welcome federal government initiative designed to provide much needed support for those born with or those who later incur a significant disability. Successful passage of this important reform would be significant progress. However, the debate around the NDIS is being framed in a way that largely ignores the broader problem of underinsurance. We believe this represents an opportunity for the life insurance and superannuation industry because by supporting the NDIS we can also raise awareness of the significant protection gap that exists and reinforce the importance of personal insurance.

Fight against new churn regime
Concerns about risk insurance policy churn raised by life insurance companies have presented a challenge for risk-focused dealer groups ever since the topic was publicly debated some years ago.

This material is not intended to constitute personal advice, and must not be relied on as such. This information has been prepared without taking into account your objectives, financial circumstances or needs. Before making a decision based on this material, you should consider the appropriateness of this material having regard to your own objectives financial circumstances and needs. You should consider obtaining independent advice before making any decision.

You can follow any responses to this entry through the RSS 2.0 Both comments and pings are currently closed.

Read previous post:
Weekly Life Insurance News Roundup

Association of Financial Advisers tackles churning “We congratulate the FSC for inviting industry discussion on current adviser practices and adviser...

Close