Life Insurance Blog

Weekly Life Insurance News Roundup

February 4th, 2013 | Posted by Editor in News

Dig for detail to stay safe
Income protection insurance covers you for injury and illness, but what about job loss?

Superannuation rules have changed again
THE superannuation rules have been changed yet again – this time to require trustees of self managed super funds to consider insurance for their members as part of the fund’s investment strategy.

TAL’s Affinia hires for growth plans
Life insurance group TAL’s new risk business Affinia has hired three regional managers to spearhead growth plans, it said yesterday.

The risks of buying finance products online
ONLINE shopping is booming but what are the risks of buying financial products online? When buying financial products online, the biggest risk is that we don’t always know what we need and nor do we always recognise that lack of knowledge. Take life insurance as an example.

Be direct
Competition in the direct life insurance space is heating up with big names including Woolworths and NRMA entering the market. And in October, Insurance Australia Group-owned NRMA signed a deal to white label TAL’s life insurance products and sell cover directly to its 2 million members in NSW.

Australians don’t have enough insurance: TAL
A new Index launched today by life insurer TAL has shown that Australians don’t think they have enough life, illness, disability or income protection insurance.

Keeping clients at the centre of life insurance
Whether you are the adviser replacing a life insurance policy, or the one who recommended it in the first place, you should be fine as long as it’s only ever about the client, argues Sue Laing.

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.

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