It’s that time of year again when clean shaven faces gives way to the glorious moustache in an effort to raise awareness and money for men’s health – particularly prostate and testicular cancer and mental health.
From 1 November, millions of Australians will find it harder to claim on their total and permanent disablement (TPD) cover after a new TPD definition was introduced by Australian Super, the countries largest industry super fund.
The transfer of default superannuation accounts into MySuper has the potential to cost people thousands of dollars in insurance cover according to the
A new ‘Parent Cover’ feature, the removal of a 90 day exclusion period for premium holiday, level premiums to age 70 and the waiving of some policy fees are just some of the new features included in the latest product upgrades from Zurich, Asteron and ClearView.
A report commissioned by the Financial Services Council (FSC) earlier this year found the level of disability underinsurance (income protection and TPD) in Australia had reached over $300 billion per year, with 35% of Australians not even having any cover at all.