insuranceNEWS.com.au - Life Insurance

Disability pensioner left in dark over funeral cover premium rises

Mon, 17 Aug 2026 03:48:21 GMT

A funeral insurance customer who was not told her policy had stepped premiums will receive a partial refund...

Acenda names new Asteron Life chair ahead of group shake-up

Mon, 17 Aug 2026 03:48:07 GMT

Acenda Group says experienced leader Barbara Chapman will become chair of Asteron Life New Zealand next month...

TAL ‘evolving’ to meet growing mental health challenge

Mon, 17 Aug 2026 03:47:55 GMT

TAL says mental illness is an “era-defining priority” as more Australians experience depression and other psychological ailments...

Code monitor to probe income payment delays, IDR

Mon, 10 Aug 2026 04:50:52 GMT

Inquiries into income benefit payment delays and internal dispute resolution processes will begin in coming months after a surge in life code breaches...

Income rule means no benefit for unlucky attack victim

Mon, 10 Aug 2026 04:50:44 GMT

The victim of an unprovoked assault will not receive a payout for missing work because he did not have positive income during his policy period, the industry ombudsman has ruled...

New adviser aims to plug protection gap

Mon, 10 Aug 2026 04:50:34 GMT

Property-focused InvestorKit Group has expanded into insurance with the launch of Solace Life...

PPS advice award open for nominations

Mon, 10 Aug 2026 04:50:20 GMT

PPS Mutual has opened nominations for its risk practice of the year award...

Adviser clash looms over FSC regulatory reform proposals

Mon, 03 Aug 2026 04:10:49 GMT

The Financial Services Council has made several recommendations on the supervision of advice licensees following the failures of the Shield and First Guardian investment schemes...

PTSD’s link to old anxieties means insurer right to limit payout

Mon, 03 Aug 2026 04:10:40 GMT

A claimant who argued her post-traumatic stress disorder was separate from an earlier anxiety and depression diagnosis has lost her bid for a higher total and permanent disability benefit...

Zurich moves to wrap up ClearView deal

Mon, 03 Aug 2026 04:10:29 GMT

Zurich is to complete its acquisition of life insurer ClearView Wealth this quarter after the Supreme Court of NSW approved the $415 million buyout’s scheme of arrangement...

FAAA outlines conference focus

Mon, 03 Aug 2026 04:09:57 GMT

Financial Advice Association Australia says its congress this year aims to examine key issues including regulation and technology...

ClearView shareholders back Zurich deal

Mon, 27 Jul 2026 05:12:09 GMT

About 93% of ClearView Wealth shareholders have voted in favour of Zurich’s $415 million buyout offer...

Failure to check all earnings is ‘insurer’s problem’

Mon, 27 Jul 2026 04:48:34 GMT

An insurer conducted an inadequate investigation of a policyholder’s earnings before alleging he made misrepresentations when applying for income protection cover, the financial services ombudsman has found...

Zurich hires former manager for claims role

Mon, 27 Jul 2026 04:48:27 GMT

Former Zurich claims manager Fifita Ngaue has rejoined the insurer as Australian senior head of retail life claims...

WTW, Willis Re team up on life practice

Mon, 27 Jul 2026 04:47:44 GMT

Willis Re has launched a global life reinsurance practice offering independent advisory and broking services to life insurers, reinsurers, and pension and annuity providers...

AFCA sets bar for benefit recovery in IP row

Mon, 20 Jul 2026 04:54:38 GMT

Recovery of paid benefits is a “significant step” and “only available to an insurer in extraordinary circumstances”, the financial services ombudsman says in a dispute ruling...

Insurer called out over failure to connect with rejected applicants

Mon, 20 Jul 2026 04:54:29 GMT

The industry has been reminded to contact customers through multiple channels after a life insurer failed to notify applicants of its decisions not to offer cover...

Advisers slam ‘crippling’ ASIC levy

Mon, 20 Jul 2026 04:54:22 GMT

Financial Advice Association Australia has hit out at the corporate regulator over a projected rise in 2025-26 levies...

CALI renews push for advice reforms

Mon, 20 Jul 2026 04:54:12 GMT

Only one in three Australians understands their life insurance and the benefits provided, a survey by the industry peak body has found...

Longer lives mean longer illnesses, study shows

Mon, 13 Jul 2026 04:34:59 GMT

Australians are living longer but spending more of their later years managing chronic illness, according to research from life insurer Zurich...