junk insurance

Policy & Regulation

No loopholes, no carve-outs insist coalition of consumer groups

A coalition of consumer groups has pointed to key changes to advice and life insurance resulting from the Royal Commission and insisted on no loopholes and no carve-outs....

Life/Risk

Choice points to ‘junk’ TPD

The conditions attaching to some total and permanent disability insurance products sold inside superannuation made them tantamount to junk, according to consumer group, C...

Life/Risk

Insurers accused of creating ‘junk insurance’

Insurers have been accused of manipulating policy definitions to create “junk insurance”, particularly with respect to permanent disablement, according to Maurice Blackbu...