Over half of Australians say their financial health affects their wellbeing
Life’s expensive right now. The cost of living crisis, inflation, and interest rate rises have put a lot of financial pressure on almost everyone.
Read MoreThese contrasting views on genetic testing in life insurance may help you sharpen your stance
Following the submission deadline for the government’s consultation on the genetic testing moratorium in life insurance, a handful of industry bodies are strategically unveiling their views through press releases, online publications and interviews, each aiming to align themselves favourably in this critical debate.
Read MoreAustralia's genetic testing and life insurance: gov seeks feedback
The Australian government is calling for public input on the 2019 moratorium related to genetic testing in life insurance. This policy specifically prohibits insurers from requiring applicants to undergo genetic testing. Additionally, it restricts insurers from demanding you disclose the results of existing genetic test results for policies under specific coverage limits.
Read MoreLife insurance providers launch Covid vaccine support initiative
Some of the largest life insurance companies in the country have teamed up to encourage Australians to get vaccinated against Covid-19.
Read MoreAussies see more value in life insurance in light of COVID, says NobleOak
The number of people planning to renew their life insurance policies has jumped from one in three to 50% of policyholders over the last year.
Read MoreLess than half of $35 million in life insurance refunds for ANZ customers has been collected
The Australian Securities and Investments Commission (ASIC) is urging 40,000 Australians who bought life insurance through the formerly ANZ-owned OnePath to apply for refunds.
Read MoreMetLife busts life insurance myths in new report
Understanding life insurance is certainly not for the faint of heart. There are so many different terms to wrap your head around, not to mention the choice between superannuation life insurance and standalone cover.
Read MoreMetLife offers 3-month life insurance premium waiver to help flood affected Aussies
While the NSW and Queensland floods are now at bay, many residents are still feeling the flow-on effects of the disaster. The NSW SES alone responded to over 12,000 requests for help and conducted more than 1,000 direct flood rescues.
Read MoreProtect your loved ones with Australia’s best Life Insurance Company for 2021
Life insurance and its often confounding intricacies isn't usually casual conversation fodder. But it's also very necessary for a number of Australians, especially for those who contribute to supporting their family financially.
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