Providers to Uplift the Under-insured Sector

Changes are about to happen to many fund members whose cost benefits have been overlooked by SMSFs. Over 20,000 clients under the self-managed superannuation fund (SMSF) who have been under-insured will be offered automatic life coverage of up to $750,000. According to AIA Australia, this is the aim of insurance groups and financial advisers to…

Life Insurance and Income Protection – Frequently Asked Questions

Some people have second thoughts about protecting themselves with Life Insurance and Income Protection as they find them unnecessary, only to realise later on that it can provide them and their families with the financial assistance that they need. Life Insurance and Income Protection are two of the most common types of insurance. Sickness, accident,…

AIA – Priority Protection Improvments

AIA Life announces the following range of updates to help clients purchase insurance within super. Purchasing income protection insurance is made easy through appropriate cover level payments through superannuation. This means greater insurance purchase flexibility for clients. Self-employed individuals representing the biggest percentage in growth opportunity will benefit. Employees without employer superannuation support need no…

AXA launches enhanced Insurance Solutions

Elevate insurance enhancements offer flexible and accessible insurance solutions. Flexibility and accessibility are two important factors that make life insurance solutions work and this is what is made available to our clients through enhanced insurance solutions. Mining Industry – Income protection – Extended benefit period for certain mining jobs – Increased maximum monthly benefit amount…