Short-Term Disability Benefits
Jon-Paul Hale uses a real life example to highlight issues around disability claims.
I’ve had an option around short-term disability covers that I have commented on in a number of places. Basically, two and five year benefit terms should only be advised where the time to retirement is short and restructured to account for budget constraints due to clients' ages.
I get the budget constraint on taking long-term cover at full cover is expensive, by the same...MORE»
Embracing ChangeMonday, November 3rd, 7:39PM
Jon-Paul Hale runs the rule over insurer's change of servicing requirements. MORE» |
Trauma Cover; the good, the bad, and the uglyThursday, October 23rd, 6:12PM
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Trauma Cover: Are we thinking things through or just doing what we have always done?
Trauma cover is an interesting one, as its use over the years has changed and evolved.
MORE»Modern-Day demands of income protection
Continuing my exploration of disability cover. Something that has been highlighted with both my own personal claims and the extensive number of claims with clients is that modern demands on disability coverage don't match client reality as well as we think.
MORE»Should FAPs be accepting signature-less policy processing
While signature-less processes have been a thing for one or two providers, we now have around half that will process policy changes without the need for signatures in some shape or form.
MORE»Service levels and transfer of workloads
If you're an adviser, you will have seen the challenges with provider service levels trending downwards and your admin loads increasing.
MORE»Medical premiums and the public system
Most of you will have seen the notices advising increased premiums in the last month, ranging from 16% to 22%.
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