CPD: Trauma and your practice

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Unfortunately, a large number of Australian’s experience traumatic personal injury or illness every day. Many receive lump sum insurance or compensation payments, but are not always able to access financial advice appropriate for, and tailored to, their circumstances. In this article, Zurich explores the incidence of traumatic injury and its far-reaching impact on individuals and […]

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Insurance inside super: Awareness high, but work to do

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Research from MetLife Australia has debunked the perception that people don’t know about insurance inside super, revealing that awareness of this default protection is high, with most working Australians knowing that it exists. However while general awareness of insurance inside super is high, the research also revealed a significant lack of knowledge with many people […]

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Leading life insurer, TAL, calls on Australians to embrace sun safety with a skin check this summer

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71% of Australians have not had a professional skin check in the last year and 39% have never had a skin check, despite 95% understanding the importance of sun safety1 Two in three Australians will be diagnosed with some form of skin cancer  before they’re 702 TAL SpotChecker initiative brings to life a winning idea […]

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Is the bancassurance model dead?

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Having invested billions of dollars to purchase and build insurance and wealth management divisions in the late 1990s and early 2000s, the major banks now seem to be reversing course. It began with National Australia Bank selling 80 per cent of its life insurance to Nippon Life last year, then Commonwealth Bank’s sale of CommInsure […]

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Get MatchFIT for LIF with the Zurich DIET

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There is a growing concern that advisers are not adequately prepared and lack the knowledge of the remuneration changes due to take effect with the introduction of the Life Insurance Framework (LIF) on 1 January. These are the top findings of a study recently commissioned by Zurich and undertaken by Lewers Research, of around 200 […]

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ANZ Wealth launches mental health coaching with Remedy Healthcare

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ANZ Wealth has announced the launch of its mental health coaching pilot for OneCare Income Protection customers, in partnership with Remedy Healthcare. Customers lodging income protection claims relating to depression or anxiety will be offered a Remedy Healthcare MindStep™ program. This phone-based support program will be complimentary, optional and individually tailored. OneCare Income Protection customers […]

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Are your clients prepared for the cost of survival?

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Australians have never had a healthier standard of living in its relatively short history. Medical advances and technology has come leaps and bounds in the past 20 years, and as we sit on the cusp of the fourth industrial revolution, we can expect this to boom once again, taking us into an uncharted health and […]

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Life insurance advice is challenging, and insurer and technology provider initiatives are more vital than ever

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In its ninth year, the Investment Trends 2017 Planner Risk Report provides an in-depth study of Australian financial planners’ advice on life insurance. The latest edition is based on a survey of 495 financial planners conducted in June 2017. This year’s study highlights a number of important trends: Life insurance advice is challenging, and insurer […]

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TAL prepares advisers for LIF changes

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TAL, Australia’s leading life insurance specialist, has launched a Risk Academy course to help advisers prepare for the impact of the incoming life insurance framework (LIF) on their businesses and professional standards. Presented by TAL’s General Manager of Legal, Chad Downie, and TAL Sales Development Manager, Mitchell Ramsbotham, the course provides advisers with a clear overview of […]

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Consumers the forgotten party in life insurance amalgamations

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As the number of life insurance brands operating in Australia becomes more concentrated, leading mutual life insurer PPS Mutual says improving consumer trust and reputation is the biggest challenge facing the $51 billion* life risk insurance sector. Most Australians would not recommend Australian life insurers to a friend according to recent Net Promoter Score (NPS)** data which […]

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