Life insurance advisers struggling to move clients in Australia amid pandemic

Pedro Gonçalves
clock • 1 min read

Major life insurers in Australia have placed advisers on notice that now is not the the time to seek to switch clients to new underwriting arrangements, as the coronavirus outbreak is still on the rise. TAL and MLC Life have introduced new policy provisions for any new customers in response to the COVID-19 pandemic but existing customers will still be covered. ClearView went ahead with a repricing of its income protection products and ending agreed-value arrangements. The message from major insurer TAL is that it is not impossible to obtain cover, but tight rules are being applied.  ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?