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Insurance News

If insurance was free, would there still be an underinsurance problem?
Nov 20 :: Even if price wasnít a factor, AMPís Chris Kirby argues that Australia would still have an under-insurance problem. This is why it is the industryís job to kill preconceptions and engage... read more

Regulatory compulsion propels commercial insurance
Oct 26 :: Australia is the second largest advanced market in Asia for commercial insurance, not least because of regulatory requirements around issues of professional indemnity, according to new... read more

Premium rates for life cover sold by advisers in decline
Oct 26 :: Premium rates for life cover products sold by financial advisers fell by an average of 10 per cent across 11 leading insurance providers between December 2004 and June 2012, according... read more

Life insurers pay out $4 billion in 2011
Jul 01 :: The 10 biggest life insurers paid out just under $4 billion in claims in 2011 - up 11.4 per cent from 2010, according to research conducted by The Risk Store. The amount... read more

Direct life insurance up but credit insurance flat
Jun 01 :: Overall direct life insurance sales have grown 11.3 per cent in 2011 and in-force annual premiums are up 10.9 per cent despite flat growth in credit-related insurance sales, according... read more

NSW Insurance broker suspended
May 22 :: A Menai-based insurance broking firm has had its licence suspended for seven months following surveillance conducted by the Australian Securities and Investments Commission (ASIC).... read more


Insurance Articles

Why life insurance is a necessity in tough times

With household budgets being squeezed, and consumer confidence weak, many families are wondering whether life insurance is something they can do without.

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The 5 Common Mistakes Business Owners Make When Evaluating Their Insurance Requirements

Looking over your insurance premiums each year, you may be wondering how you could save a dollar or two on your next premium. As an intangible asset, it can be difficult to put... read more

Secure Your Business Investments With a Comprehensive Insurance Policy
As a business owner, you invest considerable amounts in purchasing capital and office equipment, property, stock and inventory. All this, involves a fairly big amount of your money.... read more

Types of Insurance Policies Every Business Owner Should Consider
Protecting business investment with insurance is a critical part of every sensible business owner's business plan. Insurance protects businesses from unexpected financial risks due to... read more

Things to Consider While Choosing Commercial Building Insurance
A commercial building is one where your business is housed. Whatever is the type of your business, be it manufacturing, sales, retail, or any service, there is certain quantum of risk... read more

Choosing A Disability Income Protection Insurance Policy
Most people do not understand that a disability insurance policy is a legal contract between the consumer and the insurance company. This article will help you to understand the terms... read more