Article tagged with 'Income Protection'
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Chubb Life pays 96% of claims as cancer dominates payouts
27 Aug 2025 - Chubb Life paid 96% of all claims received in 2024. Cancer was the leading cause for life (46%) and trauma (63%) claims, and musculoskeletal conditions dominated income protection claims.
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Two futures for income protection cover
07 Jul 2022 - There are two futures for income protection insurance. Only one is good.
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FSCL case highlights need for better record keeping
05 Aug 2021 - A complaint accusing an adviser of selling income protection insurance that was not fit for purpose has been dropped by Financial Services Complaints Ltd but highlights the need for accurate record-keeping by advisers.
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Income protection: Why taxable losses are not the right advice
03 Aug 2021 - Frankly, there are only two reasons loss of earnings, agreed or indemnity, is sold over agreed value - the commission is more, and the work required is less than doing non-taxable agreed.
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New Partners Life products - hoping to find the middle ground
15 Jun 2021 - Partner's Life is looking to lead the way in the reinvention of income and trauma cover with the launch of two new products in areas deemed to be problematic for the industry.
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Income protection: Lessons from over the ditch
13 Oct 2020 - Representatives of Swiss Re give New Zealand insurance sector advice on how to solve unsustainable income protection losses.
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[GRTV] Depressing imbalances in IP market: Hutchinson
25 Sep 2020 - There are “distressing imbalances in the income protection market” says Russell Hutchinson, director of Chatswood Consulting.
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Should we be warning consumers about IP prices?
23 Jul 2020 - Russell Hutchinson suggests ways to preposition clients for IP premium increases and discusses the product's potential to keep claimants disabled longer.
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Partners Life market changes
16 Jul 2020 - Jon-Paul Hale with his critique of the Partners Life commentary and what to watch when considering replacement business.
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Greens want ACC extended to cover sickness
07 Jul 2020 - A Green Party policy could mean less demand for income protection insurance from insurers.