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The Australian Prudential Regulation Authority’s quarterly reporting shows that 97% of life insurance claims and 95% of income protection claims were approved in the 12 months to April 2024.
Australian life insurance providers are constantly evolving and developing their policies to offer transparent, flexible, and comprehensive coverage, giving policyholders enormous peace of mind.
Australia saw a rare reprieve from costly natural disasters in 2024, with insured losses dropping to their lowest levels in ...
The cost of services, like insurance, have also risen sharply over the Albanese government's first term. The cost of these items had become central to the political debate.
While they're both types of life insurance, term life and whole life insurance differ on several key points. Term life insurance is a policy that covers a policyholder for a set period, generally ...
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