Protect your loved ones with Australia’s best Life Insurance Company for 2021
Life insurance and its often confounding intricacies isn't usually casual conversation fodder. But it's also very necessary for a number of Australians, especially for those who contribute to supporting their family financially.
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Life insurance providers launch Covid vaccine support initiative
Some of the largest life insurance companies in the country have teamed up to encourage Australians to get vaccinated against Covid-19.
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Aussies see more value in life insurance in light of COVID, says NobleOak
The number of people planning to renew their life insurance policies has jumped from one in three to 50% of policyholders over the last year.
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Less than half of $35 million in life insurance refunds for ANZ customers has been collected
The Australian Securities and Investments Commission (ASIC ) is urging 40,000 Australians who bought life insurance through the formerly ANZ-owned OnePath to apply for refunds.
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MetLife busts life insurance myths in new report
Understanding life insurance is certainly not for the faint of heart. There are so many different terms to wrap your head around, not to mention the choice between superannuation life insurance and standalone cover.
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MetLife offers 3-month life insurance premium waiver to help flood affected Aussies
While the NSW and Queensland floods are now at bay, many residents are still feeling the flow-on effects of the disaster. The NSW SES alone responded to over 12,000 requests for help and conducted more than 1,000 direct flood rescues.
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APRA resumes overhaul of income protection insurance
The Australian Prudential Regulation Authority (APRA) has announced it will recommence reforms of individual disability income insurance (IDII).The intervention into IDII, otherwise known as income protection insurance, began in December 2019 but was put on hold in response to the global pandemic.
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Life insurance that meets lifestyle? Equip Super seeks change
Longstanding superannuation fund Equip Super will change how it manages life insurance from 1 October, 2020.Equip chief member officer, Tania Cumming said the changes will focus on increased flexibility and member input.“In reviewing insurance products and talking to our members, they were clear that they wanted insurance that responded to their lifestyle needs. And critically, they wanted us to deliver these options to them rather than them having to construct it themselves,” Cumming said.While some members will see their life insurance premiums increase, Cumming said the changes are designed to meet long-term needs.“Key to getting this right is working to ensure that our insurance products align to members’ lifestyles and financial aspirations as well as offering long-term value, rather than short-term changes. It is important that we take a balanced approach that is both affordable and sustainable.”
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Lockdown and your mental health: How life insurance could help
As pandemic conditions and restrictions continue to develop across the country, the mental well-being of impacted Australians is becoming a top concern.This has become more evident in national discussions since early August, when Victoria’s lockdown was reinstated – with even tighter restrictions for metropolitan Melbourne – after a sustained spike in Coronavirus cases.In an ABC News Breakfast interview this week, deputy chief medical officer professor Michael Kidd recognised the mental and emotional impact of prolonged isolation.“Please look after each other, please look after your mental health. If you are feeling particularly depressed or anxious as a result of the restrictions which are in place, please reach out to Lifeline, Beyond Blue, the other resources,” he said.
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