ASIC calls on superannuation trustees to improve insurance outcomes
“Insurance in superannuation provides a built-in safety net for millions of Australians,” Press said. “Whether it is default or optional...
Month: March 2023
When Won’t a Life Insurance Policy Pay Out?
Life insurance is a critical part of any financial plan. It provides financial security and peace of mind to those...
Disaster funding now available for bushfire-affected NSW residents
Federal Minister for Emergency Management Murray Watt said the bushfires had razed over 40,000 hectares of mostly isolated farmland across...
NAIC Privacy Protections Working Group Moves Forward to Revise Consumer Privacy Protections Model Act
The NAIC is developing a new Consumer Privacy Protections Model Act (# 674) which will replace the preexisting Insurance Information...
Why are insurance premiums rising?
“At RACQ, we are very aware of these pressures and are always looking for ways to support our 1.8 million...
Missouri Court Upholds Arbitration Despite Anti-Arbitration Statute When Foreign Insurers Are Involved
Policyholders must be aware of arbitration clauses found in property insurance policies. Even if a state has an anti-arbitration law,...
Should you pay life insurance premiums monthly or annually?
Quick Facts Life insurance premiums can be paid monthly, semi-annually, quarterly, or annually depending on the life insurance company and...
Insurers call for improved access to EV data
Unless car manufacturers produce more easily repairable battery packs and provide third-party access to battery cell data, insurers and industry...
Do you need Directors and Officers insurance?
As the leaders of your organisation, your company’s director(s), manager(s), supervisor(s) and board member(s) could be held personally liable and...
Does Auto Insurance Coverage Kick in When You’re Off Work?
Driving a car is a relatively high-risk endeavor. You’ll face different variables on the road every day due to the...
