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ASIC to crack down on life insurance cold calls

ASIC to crack down on life insurance cold calls

The regulator hopes the restriction will give consumers a greater enjoy. The Australian Securities and Investments Commission (ASIC) is taking a look at techniques to restrain gross sales calls similar to life and funeral insurance as a result of shoppers are being bought plans that are not helpful to them. …

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Over 1 million Australians consider switching life insurers

Over 1 million Australians consider switching life insurers

Price of canopy the #1 explanation why other folks want to transfer. Not pleased with your life insurance? Well, you may now not by myself. In the 12 months to June 2018, over one million Aussies thought to be switching their risk or life insurer, with 242,000 other folks pulling …

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Opting out of super insurance set to raise prices for all

Opting out of super insurance set to raise prices for all

Income coverage prices may just move up via up to 20.four%. As section of the Protecting Your Superannuation Package proposed in the 2018/19 Federal Budget, the government announced a raft of adjustments that might be getting into impact from 1 July 2019, adjustments which in accordance to Rice Warner, will …

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Money Hack: Get healthy and save on insurance

Money Hack: Get healthy and save on insurance

AIA Vitality allow you to save on your lifestyles, well being and source of revenue coverage. Are you a fitness center rat? A sporty spice? Is your resting center price so low that any person may mistake you for a corpse? If you are looking to type out your insurance …

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Superannuation life insurance premiums can vary wildly

Superannuation life insurance premiums can vary wildly

While insurers take apparent chance components under consideration, the variations in fund costs are not at all times so simple. Although superannuation finances are Australia’s largest suppliers of life insurance, premiums can vary considerably amongst finances consistent with a find out about by way of Rainmaker Information. It’s no longer …

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Cold snap prompts heater warnings

Cold snap prompts heater warnings

Improper use of warmers may have devastating penalties for Australians. The contemporary chilly snap has induced stern warnings about the correct use of warmers. Just lately, a lady in Melbourne died from carbon monoxide poisoning led to by means of a poorly ventilated open-flue fuel heater. This has induced the …

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Premiums for insurance through super could jump 26%

Premiums for insurance through super could jump 26%

A brand new opt-in machine proposed underneath the 2017/18 finances could imply fewer participants, upper charges and eroded retirement price range. Proposed adjustments to the 2017/18 federal finances could reason the cost of existence insurance through super to jump through 26% consistent with modelling through KPMG. The proposed adjustments would …

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Qantas Insurance offering up to 200,000 points

Qantas Insurance offering up to 200,000 points

But you may have to get in earlier than 30 June. Reminder: in case you are taking a look to spice up your Qantas Points general, there are some tempting provides for bonus points with Qantas Life Insurance and Qantas Income Protection Insurance presently. You can rating up to 200,000 …

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Money Hack: Prepaying your income protection

How to get paid instantly with PayID

Score a tax deduction and bargain through prepaying your income protection prior to 1 July. Tax time is looming and in case you are the rest like maximum Aussies, you are racking your brains looking to figure out what you purchased within the last year that’s tax deductible and the …

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