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Partners reinstates up-front commission on health insurance

Partners Life had reinstated up-front commissions on health insurance business now that it has completed its capital raising with Blackstone.

Thursday, September 29th, 9:24AM

Partners Life has made a positive change to its medical commission structure and launched two new products. In September 2012 Partners Life switched from paying up-front medical commission to as-earned medical commission in response to its unprecedented growth at launch. Following the close of its recent $200 million capital raising, Partners Life has now returned to offering up-front medical commissions...MORE»

Advisers a small number of IFSO complaints

Wednesday, September 28th, 6:00AM

Just eight of the Insurance and Financial Services Ombudsman’s complaints over the past year related to financial advisers – and none were upheld.

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Concern non-underwritten products not well explained

Monday, September 26th, 6:00AM

A lack of information may have caused some customers to take out expensive, non-underwritten insurance policies, when they would easily have qualified for normal cover, it has been claimed.

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Are things you never use worth buying?

Friday, September 23rd, 2:48PM

What if you bought a product which contained features that you never used – were they still worth something?

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Dormant products drive replacement business: Adviser

Friday, September 23rd, 6:00AM

There are calls for insurers to do more to help clients with “dormant” products that are becoming increasingly uncompetitive as the insurance market evolves.

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Southern Cross records $35m surplus

Thursday, September 15th, 6:00AM

Southern Cross added 9000 members over the past financial year, it has revealed with its annual financial results released today.

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Accuro Health Insurance streamlines claiming process

Tuesday, September 13th, 3:04PM

Accuro members can now claim and apply for pre-approvals online on its new member portal.

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Partners increases medical policy price

Tuesday, September 13th, 6:00AM

Partners Life has increased the price of its medical product.

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