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Australia’s largest Life Insurers offer peace of mind around Covid-19 vaccinations

A common question we are receiving is ‘are we covered if we suffer a side-effect from the Covid-19 vaccine?’ Seven of Australia’s largest life insurers are joining forces in support of Australia’s Covid-19 vaccine program. The insurers involved are: AIA Australia ClearView MetLife MLC Life Insurance Resolution Life (acquired AMP Life in July 2020) TAL … Read more

Zurich’s move to support COVID-19 vaccinations

Zurich’s move to support COVID-19 vaccinations Zurich is giving COVID-19 vaccination protection for life insurance customers at no extra cost Zurich is giving COVID-19 vaccination protection at no extra cost to everyone insured under an eligible life insurance policy. An additional amount will be paid to customers who can claim under their insurance because of … Read more

Income Protection Contract Term Extension

Income Protection Contract Term Extension Income Protection Contract Term – APRA Gives Insurers One Year Extension The corporate regulator (APRA) has given life insurers another year to find a workable solution around applying maximum five-year terms for income protection insurance contracts. The change expected to come into effect from 1 October 2021 has now been … Read more