Life Insurance News
Super-Based Cover Grows While Stand-Alone Falls
According to a Macquarie survey of 1000 Australians, the number of people with super-based life cover has grown from 27% to 48% since 2006.
Insurers Cannot Afford to Ignore Increasing Longevity
Actuaries Melinda Howes and Barry Rafe predict difficulties for the financial sector in light of greatly increased longevity and medical breakthroughs.
BT Reports Six Months' Results
BT Financial Group has reported six-month earnings, including a 47% increase in new life insurance sales and a 19% drop in cash earnings.
Australian Worries Can Be an Opportunity for Advisers
A Macquarie survey reports that people worry most about having enough for a rainy day, but sees uncertainty as an opportunity for financial planners.
Macquarie Reports on Consumer Attitudes Toward Life Insurance
A Macquarie study indicates that consumers are uncertain about life insurance and that advisers should emphasise "peace of mind" when discussing life cover's benefits.
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