Post Tagged with: "Disability income insurance"

Why insurers face a perfect storm as Australians’ ‘surge capacity’ is tested

Why insurers face a perfect storm as Australians’ ‘surge capacity’ is tested

It started as a health crisis and quickly became an economic crisis. Now, six months on from the initial COVID-19 lockdown in Australia, we are arguably experiencing one of the […]

by September 25, 2020 1 comment Advice, Advisers, Risk
When the Law of Unintended Consequences meets income protection insurance

When the Law of Unintended Consequences meets income protection insurance

It’s hard to argue against the need to reform a sector that is losing hundreds of millions of dollars each year, when there is a real risk that without reform […]

by June 11, 2020 2 comments Risk
A financial cliff awaits Australia’s ‘pay later’ economy

A financial cliff awaits Australia’s ‘pay later’ economy

The coronavirus crisis has added a new dimension to the buy now, pay later economy, with many Australians and business owners heading towards a financial cliff they can see but […]

by June 4, 2020 0 comments Research, Risk
Misperceptions about IP cover a red flag for life industry

Misperceptions about IP cover a red flag for life industry

Nearly half of consumers who currently have income protection insurance believe they would be covered in the event of job loss, new research from CoreData has found. The research, based […]

by May 21, 2020 0 comments Advice, Risk
APRA data shows DII claims payout ratio continues to rise

APRA data shows DII claims payout ratio continues to rise

The latest life insurance claims and disputes data from APRA appears to throw weight behind the hefty intervention into the disability income insurance (DII) sector late last year. Statistics for […]

by April 29, 2020 0 comments Risk