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Insurance News

Landmark Court Ruling Challenges Insurance Exclusion Clauses Landmark Court Ruling Challenges Insurance Exclusion Clauses
19 Feb 2025: Paige Estritori

An Australian court has rendered a pivotal decision in a complex insurance case featuring Mr R's Total and Permanent Disability (TPD) claim which was initially denied by the insurer due to a contested exclusion clause related to pre-existing conditions involving neck and shoulder injuries. - read more
Rising Insurance Premiums: A Looming Crisis for Australian Households Rising Insurance Premiums: A Looming Crisis for Australian Households
18 Feb 2025: Paige Estritori

The insurance landscape in Australia is becoming increasingly fraught as the cost of home insurance continues to climb. Recent findings have shed light on the financial strain experienced by 1.6 million households due to surging insurance expenses. Alarmingly, this figure marks an increase of 360,000 households compared to the previous year, underscoring a 30% rise in those affected by these financial burdens. - read more
AFCA Backs Policyholder in Stolen Car Dispute AFCA Backs Policyholder in Stolen Car Dispute
17 Feb 2025: Paige Estritori

In a recent ruling, the Australian Financial Complaints Authority (AFCA) sided with a motor insurance policyholder, awarding her the full value of her stolen vehicle alongside $3000 for non-financial losses, dismissing the insurer's fraud accusations. - read more
Debate Heats Up Over Risk Commission Caps in Insurance Debate Heats Up Over Risk Commission Caps in Insurance
16 Feb 2025: Paige Estritori

In light of recent discussions within Australia's financial sector, notable figures from both the Coalition and Labor are advocating for the removal of risk insurance commission caps. This policy adjustment could potentially reshape the landscape for life insurance advisers across the nation. - read more
Business Relief as Insurance Rates Decline Worldwide Business Relief as Insurance Rates Decline Worldwide
11 Feb 2025: Paige Estritori

In a new development that could signal relief for global businesses, the latest data from Marsh's commercial price monitor indicates a broad decline in insurance rates during the last quarter of 2025. This trend is especially marked in the Australia-Pacific region, which experienced an 8% reduction, making it the standout market globally. - read more

Life Insurance Articles

Breaking Down Common Income Protection Insurance Terms Breaking Down Common Income Protection Insurance Terms
Income protection insurance is designed to provide financial support if you're unable to work due to illness or injury. It aims to replace a portion of your income during such times, ensuring you can maintain your lifestyle and meet financial obligations. - read more
Income Protection Insurance: Balancing Cost with Adequate Coverage Income Protection Insurance: Balancing Cost with Adequate Coverage
Income protection insurance is a critical safety net for anyone who relies on a steady paycheck to meet their financial obligations and maintain their lifestyle. It offers a replacement income if you are unable to work due to illness or injury, ensuring that your financial responsibilities can be met even when you're not at your earning best. In today's fast-paced world, income protection has become an essential consideration for the modern working individual. - read more
Understanding the Process: A Beginner's Guide to Income Insurance Claims Understanding the Process: A Beginner's Guide to Income Insurance Claims
Income insurance, an often-overlooked component of financial security, is gaining traction among Australia's burgeoning self-employed population. In an economy where traditional employment is no longer the sole path to success, this form of insurance has become a cornerstone for proactive financial planning. Touted as a safety net, it ensures that personal livelihoods and business operations remain secure in the face of adversity. - read more
Comparing Income Protection Policies: What Australians Should Look For Comparing Income Protection Policies: What Australians Should Look For
Income protection insurance serves as a financial safety net for countless Australians, offering a replacement income when unforeseen circumstances such as illness or injury impede their ability to earn. For the self-employed and entrepreneurs who may not have the safety nets offered by corporate employment, such protection is particularly important. - read more
Navigating Pre-existing Conditions in Income Protection Insurance Navigating Pre-existing Conditions in Income Protection Insurance
Income protection insurance is a safety net that many Australians rely on to secure their financial future in the event of illness or injury preventing them from working. It's a type of policy that provides a replacement income if you are unable to earn your regular income due to a health-related absence from the workplace. - read more
Illness and Your Finances: Strategies for Continuous Income Flow Illness and Your Finances: Strategies for Continuous Income Flow
When illness strikes, the impact on your finances can be as significant as on your health. Maintaining continuous income flow during such times is crucial for financial stability. - read more
Income Protection Insurance: Balancing Cost with Adequate Coverage Income Protection Insurance: Balancing Cost with Adequate Coverage
Income protection insurance is a critical safety net for anyone who relies on a steady paycheck to meet their financial obligations and maintain their lifestyle. It offers a replacement income if you are unable to work due to illness or injury, ensuring that your financial responsibilities can be met even when you're not at your earning best. In today's fast-paced world, income protection has become an essential consideration for the modern working individual. - read more
How Income Protection Insurance Can Safeguard Your Financial Future How Income Protection Insurance Can Safeguard Your Financial Future
Income protection insurance is a type of insurance policy designed to replace a portion of your income if you are unable to work due to illness or injury. This financial safety net can help cover essential living expenses, such as mortgage repayments, utility bills, and daily costs, ensuring you maintain your standard of living during tough times. - read more
Comparing Income Protection Policies: What Australians Should Look For Comparing Income Protection Policies: What Australians Should Look For
Income protection insurance serves as a financial safety net for countless Australians, offering a replacement income when unforeseen circumstances such as illness or injury impede their ability to earn. For the self-employed and entrepreneurs who may not have the safety nets offered by corporate employment, such protection is particularly important. - read more
Breaking Down Common Income Protection Insurance Terms Breaking Down Common Income Protection Insurance Terms
Income protection insurance is designed to provide financial support if you're unable to work due to illness or injury. It aims to replace a portion of your income during such times, ensuring you can maintain your lifestyle and meet financial obligations. - read more

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