Brought to you by:

Life Insurance

ANZ misled client on cancer exclusions 

19 February 2024

A complainant has won her dispute with the company that arranged a reinstated trauma policy after the Australian Financial Complaints Authority ruled she was misled over coverage terms and exclusions for cancer...

Life insurers back tough regulations on genetic tests 

05 February 2024

The Council of Australian Life Insurers supports “strict” rules around the use of genetic test results in insurance underwriting, as Treasury consults on possible changes to the legislative set-up...

Treasury seeks feedback on proof of education 

05 February 2024

Treasury has begun consultation on proposed law changes that will provide greater flexibility for financial advisers to show they have met the conditions of an approved degree...

Insurer wins court battle over policy avoidance 

05 February 2024

The Federal Court has dismissed Australian Securities and Investments Commission proceedings against Zurich over the insurer’s decision to “avoid” an income protection policy after an insured failed to disclose her history of hospital admissions for mental illness...

Financial Advice NZ appoints new chief 

05 February 2024

Financial Advice New Zealand has named Nick Hakes as CEO, replacing Katrina Shanks, who left for a similar position at the Australian and New Zealand Institute of Insurance and Finance...

AMP names new super fund insurer 

05 February 2024

AMP has picked TAL as the default insurance provider for its 270,000 superannuation members after a “comprehensive” tender process...