Life Insurance News

A survey conducted last month by TAL insurance found that of the 1,200 Australians surveyed, the vast majority don’t believe they have adequate insurance.

The availability of genetic testing raises concerns, with some cautioning that reliability is not yet sufficient as a basis for insurance decisions.

Australians can put their plans in order by seeing to their insurance needs and by putting wills, powers of attorney and related documents in place.

Beyondblue asserts that insurers continue to discriminate against mental illness and asks people to join its plan for possible legal action.

Compared to other countries in the region, Australia lags in levels of personal insurance, including life, critical illness and disability.