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Insurance News

If insurance was free, would there still be an underinsurance problem?
Nov 20 :: Even if price wasn’t a factor, AMP’s Chris Kirby argues that Australia would still have an under-insurance problem. This is why it is the industry’s job to kill preconceptions and engage... read more

Regulatory compulsion propels commercial insurance
Oct 26 :: Australia is the second largest advanced market in Asia for commercial insurance, not least because of regulatory requirements around issues of professional indemnity, according to new... read more

Premium rates for life cover sold by advisers in decline
Oct 26 :: Premium rates for life cover products sold by financial advisers fell by an average of 10 per cent across 11 leading insurance providers between December 2004 and June 2012, according... read more

Life insurers pay out $4 billion in 2011
Jul 01 :: The 10 biggest life insurers paid out just under $4 billion in claims in 2011 - up 11.4 per cent from 2010, according to research conducted by The Risk Store. The amount... read more

Direct life insurance up but credit insurance flat
Jun 01 :: Overall direct life insurance sales have grown 11.3 per cent in 2011 and in-force annual premiums are up 10.9 per cent despite flat growth in credit-related insurance sales, according... read more

Insurance Articles

Insurance Claims - The Acid Test for Insurance Policies
How well a company handles this determines the real worth of their insurance policies that are being sold. read more

The 5 Common Mistakes Business Owners Make When Evaluating Their Insurance Requirements

Looking over your insurance premiums each year, you may be wondering how you could save a dollar or two on your next premium. As an intangible asset, it can be difficult to put a... read more

Bird Flu: What your insurance company hasn't told you!
Given that Public health officials and organisations around the world remain on high alert because of increasing concerns about the prospect of an influenza pandemic, which many experts... read more

Ambulance Cover: Do You Need It?
Medicare in Australia does not cover ambulance services or emergency transport. These are among the types of services that private health insurance covers. However, private funds are not... read more

10 Traps to Avoid When Comparing Income Protection Insurance
You may think that it's better to have some form of income protection insurance than none at all but, for a large proportion of people, their income protection insurance arrangements may... read more

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