The big four trauma claims
|
|
- Alicia Atkinson
- 8 years ago
- Views:
Transcription
1 The big four trauma claims
2 Important information This information has been prepared by The Colonial Mutual Life Assurance Society Limited ABN AFSL (CMLA). CommInsure is a registered business name of CMLA. Trauma cover forms part of CommInsure Protection. CommInsure Protection life insurance products are issued by CMLA and the superannuation product by Colonial Mutual Superannuation Pty Ltd ABN AFSL (CMS), the trustee of the Colonial Super Retirement Fund ABN SFN 2933/419/40 (the Fund). CMLA is responsible for the administration of the Fund and provides insurance benefits to the Fund as insurer. CMLA and CMS are wholly owned but non-guaranteed subsidiaries of Commonwealth Bank of Australia ABN The CommInsure Protection Product Disclosure Statement is available from your financial adviser or by calling or from comminsure.com.au and should be considered in making any decision about these products. This information is of a general nature only and has been prepared without considering your objectives, financial situation or needs and before acting on it, you should consider its appropriateness to your circumstances. Case studies in this brochure are based on real scenarios and included for illustrative purposes only. Names and identifying features have been changed. We charge premiums or fees for the products that we provide to you. We do not charge additional fees for general advice products. We do not pay our staff commissions. Our staff are paid a salary and in some cases performance bonuses. You may receive advice in relation to CommInsure products from financial advisers that do not work for CommInsure. These advisers may receive remuneration from us. Your adviser may be required to set out the remuneration and commissions they receive in their FSG or Statement of Advice.
3 Contents 2 What is trauma cover? 4 Cancer 6 Stroke 8 Heart attack 10 Coronary artery bypass surgery 12 Feature: Multiple sclerosis 14 Why CommInsure? 1
4 What is trauma cover? Trauma cover is an insurance product that pays a lump sum benefit for defined traumatic medical conditions or events, and should form part of any risk protection portfolio. It covers a wide range of conditions, including the big four trauma claims of cancer, stroke, heart attack and coronary artery bypass grafts. Trauma cover is about survival The media is littered with stories about more Australians suffering from lifestyle-related diseases, and unfortunately the headlines are true. Cancer rates are on the rise and the number of people with cardiovascular disease remains high. On the bright side, medical advances are constantly improving survival rates for such conditions. But while this seems like fantastic news for trauma survivors, for some it means an ongoing battle for financial survival. The reason? Treatment, medication, rehabilitation and ongoing financial commitments like loan repayments can be very costly. Combined with a reduced capacity or inability to earn an income, some survivors face financial hardship before they even leave hospital. What are the odds? Overall, men have a 40 per cent risk of suffering a traumatic illness between the ages of 30-64, and 25 per cent for women. 1 By age 75, an estimated one in three men and one in four women will develop cancer. 2 Each year, an estimated 60,000 strokes affect Australians about one every 10 minutes! 2 1. Gen Re Australia Australian Critical Illness Survey 2008: a study of claims experience in 2001 to Australian Institute of Health and Welfare Australia s health That s where trauma cover can help. It eases the financial impact of trauma, paying policyholders a benefit to help with expenses like medical bills, financial shortfalls and generally help make ends meet. In other words, trauma cover is about survival. Major risk factors for common medical conditions Major risk factors for common medical conditions Disease or condition Tobacco smoking Physical inactivity Poor diet & nutrition Excess body weight High blood pressure High blood cholesterol Coronary heart disease Stroke Lung cancer Colorectal cancer Source: CommInsure What is trauma cover? CommInsure s Trauma cover pays a lump sum in the event of a specified medical condition, regardless of whether you are prevented from working or not. It can alleviate financial pressure in a period of intense shock and trauma, giving you and your family time to adjust to the crisis and rethink your future. 2
5 CommInsure trauma claims Male trauma claims Cancer 47.9% Other 17.4% Stroke 4.5% Angioplasty 7.2% Coronary artery bypass surgery 6.5% Heart attack 16.6% Source: Gen Re Australia 2009, Australian Critical Illness Survey Female trauma claims Cancer 80.9% Other 12.1% Stroke 2.6% Multiple sclerosis 1.5% Cardiomyopathy 2.9% Source: Gen Re Australia 2009, Australian Critical Illness Survey
6 Cancer What is cancer? Cancer is a condition where a normal cell (or group of cells) grows out of control. This can lead to the formation of a tumour which may continue to grow in its original location, resulting in damage to surrounding healthy cells and tissues. If they become invasive, tumours may spread elsewhere in the body a process called metastasis. Fortunately most cancers are now potentially curable if detected at an early stage, before metastasis occurs. Causes and risk factors In recent times, medical research has identified various risk factors which may specifically or collectively contribute to the onset of cancer in a given case. Some of the well-established risk factors include: smoking tobacco poor dietary habits infectious agents (such as specific viruses) exposure to radiation (like ultraviolet light) genetics (including inherited or acquired mutations). While some causes and risk factors may be mitigated through routine medical screening and specific lifestyle changes, others (such as inherited genetic mutations) remain untreatable. That said, the risk of death from specific cancers may be reduced by medically monitoring high risk people and providing the best available treatments when needed. Source: Australian Institute of Health and Welfare 2008, Cancer in Australia an overview. Quick facts Cancer is a leading cause of illness and death in Australia. Excluding skin cancers other than melanoma, there were 104,592 new cancer cases in 2006, and 39,884 cancer deaths reported in One way cancer mortality can be measured is by using the five-year relative survival rate. In recent years Australia has seen overall improvements to this rate, with male survival up 17 per cent between the periods and Similarly, women s five year survival rate improved 11 per cent over the same timeframe. Melanoma is a significant public health concern in Australia, which has the highest melanoma incidence rate in the world. As at 2006, melanoma was the fourth most common type of malignancy diagnosed in Australians. In 2007, 10,326 Australians were diagnosed with melanoma, causing 1,279 deaths. Source: Australian Institute of Health and Welfare 2010, Australia s health How we helped Age Occupation Years policy was in force Sum paid Diagnosis 49 Managing director 11 years $100K Prostate cancer 53 Homemaker 8 years $83K Uterine cancer 45 Homemaker 18 months $51K Malignant meningioma 49 IT operations 7 years $366K Prostate cancer 39 Bank officer 15 months $86K Malignant brain tumour Source: CommInsure
7 CommInsure s got trauma covered CommInsure s Trauma product provides cover for 48 individual events, ensuring comprehensive protection for our clients. Our Trauma Plus cover goes a step further by adding an additional 10 conditions many of which not covered by other insurance providers. You should consider CommInsure Trauma cover if you: have a mortgage or other debt have a family and associated responsibilities have a business or business partners are a company director, key employee or are self-employed have insufficient cash reserves to cover unexpected medical and hospital bills. April s story Three years into her policy, April* (27) was diagnosed with Non-Hodgkin s Lymphoma after going to her doctor complaining of painful neck swelling. Unfortunately, April was also six months pregnant at the time of diagnosis and was unable to begin treatment until her baby was born. April s doctors decided to induce her pregnancy at eight months to start cancer treatment, including chemotherapy. CommInsure paid April s trauma cover benefit of $300,000, which helped meet out-of-pocket medical expenses. It also assisted with childcare costs when she was unable to care for her baby due to the side effects of her condition and treatment. * Name and other personal details changed to protect identity of client. 5
8 Stroke What is a stroke? A stroke typically occurs when a blood vessel in the brain is suddenly blocked or bleeds. This may cause part of the brain to die due to a lack of blood, resulting in a loss of brain function, possibly affecting limb movement, self-mobility, thought processes, vision and the ability to speak. Blockage of a blood vessel in the brain is the most common cause of stroke, reflecting around 80 per cent of all cases. The remainder are mainly caused by bleeding in the brain, which is more likely to result in death. Stroke caused by blocked blood vesssel Causes and risk factors Several risk factors are associated with an increased risk of stroke, including: increasing age smoking tobacco male gender physical inactivity poor dietary habits high blood pressure raised cholesterol diabetes mellitus having had a previous stroke or stroke-like event family history of stroke or cardiovascular disease specific medical conditions, such as blood-clotting disorders abuse of alcohol or illicit drugs. Source: Australian Institute of Health and Welfare Australia s health Stroke caused by bleeding Quick facts Stroke is a leading cause of long-term disability in Australian adults. As at 2003, 346,700 Australians were estimated to have suffered a stroke at some point in their lives. Most (70 per cent) of the 60,000 strokes that happen each year are first ever strokes. Source: Australian Institute of Health and Welfare Australia s health How we helped Age Occupation Years policy was in force Sum paid Diagnosis 59 Accountant 12 years $471K Stroke 25 Settlement officer 6 months $203K Stroke 47 Stockbroker 20 months $627K Stroke 50 Solicitor 4 months $1M Stroke 61 Security officer 16 years $77K Stroke Source: CommInsure With CommInsure, 100 per cent of your Trauma Cover Benefit is automatically reinstated one year from the date your claim is paid without further evidence of health status. This in built feature provides peace of mind that whatever the future holds, you re covered. 6
9 Lee s story Lee* had smoked since his teenage years. At age 48, while watching TV at home one evening, he began to suffer breathing difficulties, a drooping effect on one side of his face and other symptoms consistent with a stroke, which was later diagnosed after being rushed to hospital. CommInsure paid Lee s $627,000 trauma cover benefit which helped cover his ongoing hospital costs, including intensive rehabilitation to improve his physical and cognitive functioning. * Name and other personal details changed to protect identity of client. 7
10 Heart attack What is a heart attack? On average, the human heart beats 70 times per minute to circulate blood around the body. Like other active muscles, the heart needs a steady supply of oxygen-rich blood to remain healthy and function properly. A heart attack happens when one or several of the heart s main arteries are blocked and oxygen-rich blood no longer reaches it, resulting in the death of heart cells. Such blockage is usually caused by a blood clot becoming lodged in an artery, with the clot typically arising after rupture (or tearing) of arterial plaque. Causes and risk factors Heart attacks are associated with several risk factors, including: plaque build-up on the inside surfaces of coronary arteries male gender smoking tobacco raised cholesterol high blood pressure poor dietary habits diabetes mellitus family history of heart disease. Fortunately, most of the above risk factors can be managed through positive lifestyle changes and various medical therapies. Quick facts Coronary heart disease kills more Australians than any other condition. In 2006, it resulted in 22,983 (or 17 per cent) of all deaths reported that year. However, decreasing death rates have been reported since the 1970s. During the period from 1996 to 2006, agestandardised death rates fell by 45 per cent in males and 44 per cent in females. Coronary heart disease is more common in men than in women. Coronary heart disease becomes more common with age. In Australia, 7.5 per cent of people aged are affected, compared with over 20 per cent of those aged 75 and above. Source: Australian Institute of Health and Welfare Australia s health Source: Australian Institute of Health and Welfare Australia s health How we helped Age Occupation Years policy was in force Sum paid Diagnosis 40 Teacher 5 years $137K Heart attack 56 Contractor 24 months $115K Heart attack 52 Lab technician 12 months $50K Heart attack 58 Manager 24 months $473K Heart attack 49 Workshop foreman 8 years $39K Heart attack Source: CommInsure
11 Angelo s story At the age of 51, Angelo* underwent a single-vessel angioplasty procedure on the recommendation of his cardiologist. Following his procedure, Angelo submitted a claim for a partial trauma cover benefit specific to the single-vessel angioplasty procedure, which reflected 10 per cent of his total sum insured. However, upon reviewing his claim, CommInsure s Claims team discovered that his medical records actually reflected that Angelo had also suffered a heart attack (as defined in his trauma cover policy) prior to his angioplasty procedure. Although Angelo and his treating doctors had not specifically noted the heart attack in his claim documents, CommInsure paid Angelo his full sum insured of $277,000, which reflected the heart attack trauma benefit. Even if Angelo had not suffered the heart attack, CommInsure would still have paid his partial benefit of $27,700, following his single-vessel angioplasty procedure. * Name and other personal details changed to protect identity of client. 9
12 Coronary artery bypass surgery What is a coronary artery bypass graft? Coronary artery disease is diagnosed when someone has narrowing of one or more of the coronary arteries that supply oxygenated blood to the heart. As the disease progresses and arteries continue to narrow, blood flow to the heart decreases which can ultimately result in the damage or death of heart cells. A coronary artery bypass graft (CABG) is a surgical procedure to bypass a blocked artery and provide an alternate pathway for blood to reach the heart. The CABG procedure typically involves open-chest surgery, where the surgeon removes a section of donor vein from elsewhere in the patient s body and connects it above and below the site of arterial blockage, thereby bypassing it. Saphenous vein graft Internal mammary artery graft How we helped Age Occupation Years policy was in force Sum paid Diagnosis 61 Insurance adviser 6 years $103K CABG 52 Trucking contractor 8 years $126K CABG 41 Manager 24 months $527K CABG 61 Solicitor 6 years $1.14M CABG 64 Retiree 5 years $237K CABG Source: CommInsure CommInsure s Trauma cover at a glance At a glance Stepped premium rate Minimum entry age 17 Quick fact In Australia, a total of 41,826 CABG procedures were performed in Source: Australian Institute of Health and Welfare Australia s health Maximum entry age 62 Level premium rate Minimum entry age 17 Maximum entry age 54 Maximum cover $2,000,000 Maximum child cover $100,000 Cover combinations Stand-alone Trauma Trauma and Life Care Trauma, TPD and Life Care Trauma and TPD Available in super No 10
13 Arthur s story A smoker since age 18 and with a strong family history of heart disease, Arthur* (now 45) was diagnosed with coronary heart disease by his doctors. Eight months before submitting a trauma claim for coronary bypass surgery, Arthur started experiencing an increasing number of episodes including shortness of breath and chest discomfort. He later required coronary artery bypass grafting to four narrowed arteries a quadruple bypass. While recovering from surgery and shortly after submitting his trauma claim to CommInsure, he received payment of his full sum insured, $1.4 million. This payment enabled Arthur to take more time off work and focus on his continued recovery. * Name and other personal details changed to protect identity of client. 11
14 Feature: Multiple sclerosis What is multiple sclerosis? Although not as common as the other conditions mentioned here, Multiple sclerosis currently affects around 18,000 Australians. MS is a progressive disease of the central nervous system, for which there is currently no cure. Over time, the nerve cells in people with MS lose their myelin coating, which acts like insulation on electrical wiring. As this myelin is destroyed it is replaced by scar tissue, which causes the delay or blocking of nerve impulses to and from the brain. The resulting symptoms vary depending on the location of damaged nerve cells. Early signs and symptoms of MS include blurred vision, numbness in the hands and/or legs, generalised weakness and fatigue, together with a loss of coordination and balance. Typically the disease worsens with time, often leading to symptoms such as loss of vision, bladder/bowel problems and paralysis. Causes and risk factors MS is not a contagious condition. MS is not thought to be hereditary, but genetic susceptibility does appear to play a part in its development. The incidence of MS increases in countries located further away from the equator. Nerve cell Source: MS Australia, Quick facts The underlying cause(s) of MS remains unknown. It is around twice as common in women as men and can affect people as early as age It s estimated that 2.5 million people suffer MS globally, including some 18,000 Australians Mayo Clinic, United States, MS Australia, Loss of myelin coating in MS How we helped Age Occupation Years policy was in force Sum paid Diagnosis 46 Registered nurse 10 years $101K Multiple sclerosis 38 Homemaker 11 years $132K Multiple sclerosis 50 Mobile phone technician 12 months $240K Multiple sclerosis 58 Environmental scientist 6 years $56K Multiple sclerosis 43 Homemaker 3 years $109K Multiple sclerosis Source: CommInsure
15 What is provided under CommInsure s Trauma cover? Benefits Trauma benefit Partial trauma cover benefit Buy back benefit Severe hardship booster benefit Financial planning benefit Loyalty bonus benefit Accommodation benefit Indexation Interim accident cover Optional extras Trauma plus cover option Evidence of severity Guaranteed insurability (personal events)* Guaranteed insurability (business events)* Business safe cover Child cover option * Only available for a policy with Life Care. For details on the benefits and optional extras listed here, please refer to the CommInsure Protection product disclosure statement. Emma s story Five years after taking out her trauma cover with CommInsure, Emma* (39) submitted a claim for progressive multiple sclerosis, after her neurologist confirmed diagnosis. Medical imaging revealed Emma s brain and spinal cord were becoming increasingly affected by the disease, with her symptoms progressing to the extent that she had problems walking. She had also suffered more than one episode of such symptoms before submitting her claim. CommInsure paid Emma a full trauma benefit of $369,000 which, among other expenses, helped modify her family home to make it safer to move around with increasing physical impairment. * Name and other personal details changed to protect identity of client. 13
16 Why CommInsure? CommInsure is a leader in the Australian Insurance industry. We offer a fresh approach to personal risk insurance, backed by a strong history as one of Australia s largest life risk insurers, with over three million clients and more than 135 years experience. CommInsure s financial strength and claims capability provide peace of mind to policyholders. CommInsure s claims philosophy is simple: we pay all genuine claims promptly and efficiently. Our claims history substantiates our adherence to this philosophy. In 2010 we paid a total of $609 million* in life and disability insurance claims. In that year we paid over 570 people $89.3 million to help with a serious trauma or permanent disability. * Retail and Group statistics combined. 14
17 Notes 15
18 Notes 16
19
20 CIL
Aviation Cover. Income Protection
Aviation Cover Income Protection B Important information This advice has been prepared without taking account of your objectives, financial situation or needs. Because of that, before acting on the advice,
More informationChild cover. Free. child cover offer inside
Child cover Free child cover offer inside Protecting your most precious asset It s a natural desire to want to wrap your child in cotton wool and protect them from harm. But while cotton wool might protect
More informationPersonal Insurance. Do I need Trauma cover? a safety. to help get you back on track
Personal Insurance Do I need Trauma cover? a safety to help get you back on track Being able to focus on your recovery after suffering a traumatic event is going to be your primary concern. Having trauma
More informationIncome Care with either monthly or lump sum benefits
Income Care with either monthly or lump sum benefits Important information This advice has been prepared by CommInsure, a registered business name of The Colonial Mutual Life Assurance Society Limited
More informationIncome Care with either monthly or lump sum benefits
Income Care with either monthly or lump sum benefits Important information This advice has been prepared by CommInsure, a registered business name of The Colonial Mutual Life Assurance Society Limited
More informationEssential Cover. Insurance information
Essential Cover Insurance information Essential cover Essential Cover Insurance allows you to cover your loan repayment or line of credit at an affordable cost. Protect yourself with Essential Cover Insurance
More informationZurich Life Risk Trauma cover
Product Summary Issued 21 December 2015 Zurich Life Risk Trauma cover Adviser use only Trauma insurance provides a lump sum payment on diagnosis or occurrence of a covered trauma. This is a summary only
More informationFutureWise at a glance. Macquarie Life
FutureWise at a glance Macquarie Life Macquarie Life FutureWise offers a comprehensive and competitively priced suite of products that enables you to choose the right combination of cover types and benefits
More informationAccelerated Protection. Do I need Critical Illness insurance?
Accelerated Protection Do I need Critical Illness insurance? Are you prepared? It s a fact of life that we all get sick, and sometimes seriously. The cost of recovery from an illness like cancer or heart
More informationCommInsure Protection
CommInsure Protection Peace of mind for the times of your life Product Disclosure Statement (PDS) Issue date: 20 November 2011 This PDS contains information about the following types of cover: Life Total
More informationCommInsure Protection
CommInsure Protection Peace of mind for the times of your life Product Disclosure Statement (PDS) Preparation date: 3 February 2010 This PDS contains information about the following types of cover: Life
More informationProduct Summary. Life s better with the right partner. Life Cover. November 2015. Complimentary Final Family Expenses. Why consider Life Cover?
Product Summary November 2015 Life s better with the right partner This is a summary of the main features and terms of the AIA Australia Priority Protection for Platform Investors product. For full details,
More informationAMP Risk Protection Plan Booklet. Protect what s most important to you
AMP Risk Protection Plan Booklet Protect what s most important to you No matter how cautious we are, the unexpected can happen to any one of us, at any time. And our lives can change in a split second.
More informationZurich Life Risk Zurich Protection Plus
Product Summary Issued 1 March 2015 Zurich Life Risk Zurich Protection Plus Adviser use only Zurich Protection Plus is a flexible package which allows you to choose any combination of Death cover, TPD
More informationInsurance for business
Insurance for business This advice has been prepared without taking account of your objectives, financial situation or needs. Because of that, before acting on the advice, you should consider the appropriateness
More informationFacing the challenges of CRITICAL ILLNESS
Facing the challenges of CRITICAL ILLNESS INTRODUCTION What is insurance? In life, we are all faced with threats which, if they occurred, would result in financial loss Insurance is the process of protecting
More informationHow To Get Back To Work
As life happens, we re here for you AMP claims paid 2014 Live life knowing we ll be there for you Like most people, you probably think something bad will never happen to you. Hopefully you re right. But
More informationAsteron Life Personal Insurance
Asteron Life Personal Insurance What lump sum covers are available with Asteron Life Personal Insurance? Life Cover Life Cover insurance pays a lump sum of money if you pass away or become terminally ill.
More informationWhy would you want to consider insurance? We pay claims
SMSF Plan CommInsure s SMSF Plan is a customised, easy to use product designed to offer SIS-aligned cover to SMSF trustees. This has the potential to reduce the compliance burden on trustees when selecting
More informationInformation Guide Booklet. Life Insurance
Information Guide Booklet Life Insurance This Information Guide booklet provides you with general information only. It will also help you to better understand any recommendations we have made for you.
More informationA simple guide to Life Insurance
A simple guide to Life Insurance Your guide to Life, Income Protection, Trauma, and Total & Permanent Disability Insurance. Lifebroker Pty Ltd ABN 92 083 177 011 Introduction Why do I need personal insurance?...
More informationARE YOU PREPARED FOR A SERIOUS ILLNESS? WHAT IS LIVING ASSURANCE? WHAT DOES IT OFFER ME?
ARE YOU PREPARED FOR A SERIOUS ILLNESS? It s a fact of life that we all get sick, and sometimes seriously. The cost of recovery from an illness like cancer or from a heart attack can have a huge impact.
More informationWe have made the following changes to the Critical Illness events covered under our group critical illness policy.
We have made the following changes to the Critical Illness events covered under our group critical illness policy. March 2015 Because everyone needs a back-up plan 7 New critical illness events added to
More informationProgressive Care Insurance for life A NEW TYPE OF INSURANCE
Progressive Care Insurance for life A NEW TYPE OF INSURANCE New Progressive Care from Sovereign Progressive Care is a type of insurance that is new to New Zealand. It s not a traditional all-or-nothing
More informationPriority Protection Policy Enhancement Summary
Priority Protection Policy Summary 1 June 2006 The Power of We AIA.COM.AU It is important to read this Policy Summary together with your Priority Protection Policy Document and any other policy notices.
More informationEnsuring your quality of life
Ensuring your quality of life Rightway Insurance Services is a personal risk insurance specialist offering Income Protection, Life, Trauma and Total and Permanent Disability insurance. Why is insurance
More informationLife Living Assurance Customer guide LIVING ASSURANCE. TotalCareMax Customer guide. Life. Take charge. sovereign.co.nz
Life Living Assurance Customer guide LIVING ASSURANCE TotalCareMax Customer guide Life. Take charge. sovereign.co.nz WHAT IS LIVING ASSURANCE? Living Assurance provides you and your family with peace of
More informationSimply Smarter Life Insurance. Budget Direct Life Insurance and Budget Direct Accidental Death Insurance Product Disclosure Statement
Simply Smarter Life Insurance Budget Direct Life Insurance and Budget Direct Accidental Death Insurance Product Disclosure Statement Budget Direct Life Insurance and Budget Direct Accidental Death Insurance
More informationLooking after yourself. Critical Illness insurance for women
Looking after yourself Critical Illness insurance for women Looking after yourself With Critical Illness insurance you can concentrate on getting better without worrying about the cost The emotional trauma
More informationCritical Illness Insurance
Critical Illness Insurance Mutual of Omaha Insurance Company MC32572_AZ This is a limited benefit health insurance policy. After four months of experimental treatment in a leading breast cancer specialist
More informationProtecting your future MLC Life Cover Super MLC Personal Protection Portfolio
Protecting your future MLC Life Cover Super MLC Personal Protection Portfolio Product Disclosure Statement Life Cover Total & Permanent Disability Critical Illness Income Protection Business Expenses Premium
More informationCritical Illness Supplemental Insurance
You ve protected your family s financial future by purchasing life and health insurance. Critical Illness Supplemental Insurance It s cash when you need it. You choose how to spend it. So you can focus
More informationLIFE INSURANCE PREPARING FOR THE FUTURE
LIFE INSURANCE PREPARING FOR THE FUTURE Bupa life insurance is issued by ClearView Life Assurance Limited (ABN 12 000 021 581) (AFS Licence No. 227682) ( ClearView ). Bupa Australia Pty Limited (ABN 81
More informationWho s looking out for you?
Who s looking out for you? Insurance for Nurse Surgical Assistants www.moorestephens.com.au Copyright Moore Stephens Serious about Success 1 Important information This presentation contains general advice
More informationMLC Insurance MLC Insurance (Super) Product Disclosure Statement
MLC Insurance MLC Insurance (Super) Product Disclosure Statement Preparation date 25 May 2015 Issue no: 4 This PDS was prepared by MLC Limited ABN 90 000 000 402 AFSL 230694 Issuer of MLC Insurance and
More informationMacquarie Life Active Product Disclosure Statement. Macquarie Life
Macquarie Life Active Product Disclosure Statement Macquarie Life Product Disclosure Statement jointly issued by: Macquarie Life Limited ABN 56 003 963 773 AFSL 237 497 and Macquarie Investment Management
More informationA Guide to Serious Illness Cover Creating your success through Financial Planning
& Guidance A Guide to Serious Illness Cover Contents How would the sudden onset of a serious illness impact my 02 financial wellbeing? What is serious illness cover? 03 What are the key causes of serious
More informationInsurance from MLC. Making your insurance even better. MLC Life Cover Super and MLC Personal Protection Portfolio
Insurance from MLC Making your insurance even better MLC Life Cover Super and MLC Personal Protection Portfolio Effective from: 17 October 2011 Making sure you re well protected We regularly review our
More informationHeart Attack: What You Need to Know
A WorkLife4You Guide Heart Attack: What You Need to Know What is a Heart Attack? The heart works 24 hours a day, pumping oxygen and nutrient-rich blood to the body. Blood is supplied to the heart through
More informationCritical Illness Insurance
You ve protected your family s financial future by purchasing life and health insurance. Critical Illness Insurance It s cash when you need it. You choose how to spend it. So you can focus on getting well.
More informationIncome Protection and Total and Permanent Disability
Income Protection and Total and Permanent Disability Important information George s story and Leona s story are hypothetical stories and are included for illustrative purposes only. The names and identifying
More informationHow To Pay For Critical Illness Insurance From The Ihc Group
You ve protected your family s financial future by purchasing life and health insurance. Critical Illness Insurance It s cash when you need it. You choose how to spend it. So you can focus on getting well.
More informationGet covered for life. Why you need life insurance
Get covered for life Why you need life insurance 2 Suncorp Life can be full of surprises unfortunately not all of them pleasant. Knowing how to protect yourself and your loved ones in the case of uncertainty
More informationINSURANCE World of Protection Upgrade Announcement
INSURANCE World of Protection Upgrade Announcement Leading Life Leading Life in OnePath MasterFund Recovery Cash Stand Alone Recovery Income Safe Plus Income Cover Income Safe Business Expenses Plan July
More informationGet the whole story about Critical Illness and how this could affect you
Get the whole story about Critical Illness and how this could affect you Aviva s Critical Illness claims report 2009 Aviva s 2009 critical illness claims report For most of us, the importance of having
More informationMLC Insurance Enjoy life
MLC Insurance Enjoy life Enjoy life! Enjoying life is all about living today. But it s not always easy if you are worried about tomorrow. So rather than worrying about what may or may not happen, insure
More informationEnhancements to OneCare Product updates
Enhancements to Product updates INSURANCE September 2013 Your policy is now even better. Here s what the upgrades mean for you. Your policy includes a guarantee of upgrade. That means that when we improve
More informationnow can protect their future
Life SmartLife your decisions now can protect their future they re in good hands life we re in it together hello Asteron is one of Australia and New Zealand s largest financial services providers with
More informationFutureWise Product Disclosure Statement. Macquarie Life
FutureWise Product Disclosure Statement Macquarie Life Product Disclosure Statement issued jointly by: Macquarie Life Limited ABN 56 003 963 773 AFSL 237 497 and Macquarie Investment Management Limited
More informationMETHODOLOGY LIFE INSURANCE STAR RATING
METHODOLOGY LIFE INSURANCE STAR RATING What are the CANSTAR Life Insurance Star Ratings? CANSTAR Life Insurance Star Ratings use a sophisticated and unique ratings methodology that compares both cost and
More informationFacts About Peripheral Arterial Disease (P.A.D.)
Facts About Peripheral Arterial Disease (P.A.D.) One in every 20 Americans over the age of 50 has P.A.D., a condition that raises the risk for heart attack and stroke. Peripheral arterial disease, or P.A.D.,
More informationLifecheque Basic Critical Illness Insurance
Lifecheque Basic Critical Illness Insurance Strong. Reliable. Trustworthy. Forward-thinking. Extra help on the road to recovery Surviving a critical illness can be very challenging financially Few of us
More informationThe value of life insurance
The value of life insurance Important information CommInsure Protection is an insurance product which is offered through the Colonial Super Retirement Fund ABN 40 328 908 469 (the Fund). Colonial Mutual
More informationCritical Illness Insurance
Critical Illness Insurance Mutual of Omaha Insurance Company MC32572_0311 THIS IS A LIMITED BENEFIT HEALTH INSURANCE POLICY/CERTIFICATE. After four months of experimental treatment in a leading breast
More informationThe value of life insurance
The value of life insurance Most of us think it won t happen to me And if you are very lucky, it might not. But, chances are, many of us will have our lives interrupted by an accident, illness or death.
More informationImportant information:
SMSF insurance Important information: This document has been prepared by CommInsure, a registered business name of The Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809 AFSL 235035 (CMLA).
More informationLifetime Protection Plan from Standard Life Protecting you and your family
Lifetime Protection Plan from Standard Life Protecting you and your family Remember when you thought you were invincible 1 of 33 2 of 33 When was the last time you felt invincible? Contents The need for
More informationProduct Disclosure Statement
Product Disclosure Statement 30 September 2013 ClearView LifeSolutions is issued by ClearView Life Assurance Limited: ABN 12 000 021 581, AFS Licence No. 227682. ClearView LifeSolutions Super is issued
More informationProduct Disclosure Statement Version 11, Issued 21 May 2012. Life s better with the right partner AIA.COM.AU. Priority Protection
Priority Protection Product Disclosure Statement Version 11, Issued 21 May 2012 Life s better with the right partner AIA.COM.AU Who issues Priority Protection? This Product Disclosure Statement ( PDS )
More informationTotal Care Plan. Policy Document
Total Care Plan Policy Document This document is an agreement between you and The Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809 AFSL 235035 (CMLA). This document is issued by The Colonial
More informationREAL Trauma Cover. What is it?
PROTECTION PERSONAL REAL Trauma Cover What is it? REAL Trauma Cover pays you a lump sum of up to $2 million if you suffer any of the 43 critical illnesses specified in the policy, such as cancer, heart
More informationAsteron Life Business Insurance
Asteron Life Business Insurance What lump sum covers are available with Asteron Life Business Insurance? Life Cover Life Cover pays a lump sum of money if you pass away or become terminally ill. Total
More informationCombined Life & Critical Illness Protection Guaranteed Premiums. Policy Summary
Combined Life & Critical Illness Protection Guaranteed Premiums Policy Summary Combined Life & Critical Illness Protection Guaranteed Premiums Policy Summary In this summary, we try to help you by giving
More informationTrauma Insurance Claims Seminar Invitation
Trauma Insurance Claims Seminar Invitation Introduction Since the development of Trauma Insurance in Australia in the 1980s, the product has evolved at a great pace. Some of the challenges faced by claims
More informationBrain Cancer. This reference summary will help you understand how brain tumors are diagnosed and what options are available to treat them.
Brain Cancer Introduction Brain tumors are not rare. Thousands of people are diagnosed every year with tumors of the brain and the rest of the nervous system. The diagnosis and treatment of brain tumors
More informationWestpac Insurance. Life & Loan Insurance
Westpac Insurance Life & Loan Insurance July 2013 Life it s rather unpredictable, isn t it? That s why our range of insurance cover is so flexible. We understand that everyone has different insurance needs
More informationMLC Personal Protection Portfolio
. Life Cover Total & Permanent Disability Critical Illness Income Protection Business Expenses Premium Waiver Preparation date 1 July 2016 Issue no: 9 This PDS was prepared by NULIS Nominees (Australia)
More informationMLC Insurance and MLC Insurance (Super)
Preparation date 25 May 2015 Issue no: 4 This PDS was prepared by and MLC Nominees Pty Limited MLC Limited ABN 93 002 814 959 ABN 90 000 000 402 AFSL 230694 AFSL 230702 RSE L0002998 Issuer of MLC Insurance
More informationInsurance delivering peace of mind. Your guide to insurance at Plum
Insurance delivering peace of mind Your guide to insurance at Plum Contents Why insurance matters 2 Types of cover 4 What s right for me? 7 1 Safeguarding you and your family Life is unpredictable. From
More informationAA Critical Illness with Life Cover Policy Summary
AA Critical Illness with Life Cover Policy Summary The Financial Services Authority is the independent financial services regulator. It requires us, Friends Life and Pensions Limited, to give you important
More informationLife, Critical Illness and Income Protection Claims Summary. From January to December 2013
Life, Critical Illness and Income Protection Claims Summary From January to December 2013 This is why we are here to financially protect our customers when they need it most. We are proud of what we have
More informationLiving benefits. Oasis. A look at critical illness insurance claims
Living benefits solutions Oasis A look at critical illness insurance claims People are living longer. If you experience a critical illness, you re now more likely to survive it and live for many years.
More informationBT Protection Plans. Product Disclosure Statement and Policy Document (PDS)
BT Protection Plans Product Disclosure Statement and Policy Document (PDS) Dated 19 May 2014 Who s responsible for BT Protection Plans The Insurer is Westpac Life Insurance Services Limited ABN 31 003
More informationProduct Disclosure Statement. Life Insurance. Issue no. 1 Term Life Recovery Stand Alone Recovery Income Protector Income Advantage Business Expenses
Product Disclosure Statement Life Insurance Issue no. 1 Term Life Recovery Stand Alone Recovery Income Protector Income Advantage Business Expenses Issued 1 March 2004 Contents 1 About Asteron 2 About
More informationAdditional General Information regarding Personal Protection
Additional General Information regarding Personal Protection Information regarding the research we used The research house we subscribe to regarding personal protection is Omnium. In a separate document
More informationZurich Wealth Protection. Product Disclosure Statement including Policy conditions Issue date: 1 March 2012
Zurich Wealth Protection Product Disclosure Statement including Policy conditions Issue date: 1 March 2012 About this PDS Date of preparation: 25 January 2012 This Product Disclosure Statement (PDS) is
More informationUpdate to CommInsure Protection Combined Product Disclosure Statement (PDS) and Policy
Update to CommInsure Protection Combined Product Disclosure Statement (PDS) and Policy Effective 25 June 2014, this document updates the Sum m ary of incom e p ro t ect ion d if f erences in sid e an d
More informationHow To Rate A Life Insurance Policy
METHODOLOGY AWARDS Institution-based awards are determined by product performance across the 64 star-rated profiles. OVERALL AWARDS Value Life Insurer Australia INSTITUTION AWARDS Term Life Trauma TPD
More informationCommInsure Protection
CommInsure Protection Combined Product Disclosure Statement (PDS) and Policy Issue date: 11 May 2014 Product Disclosure Statement This Product Disclosure Statement (PDS) is issued by the insurer, The Colonial
More informationInsurance facts you should know
Insurance facts you should know 2 Insurance facts you should know Contents 1 Even non-income earners need to be insured 2 Inside or Outside super? 3 Your insurance needs change on an annual basis 4 Different
More informationProtecting Your Assets and Lifestyle: A Critical Illness Insurance Review
Protecting Your Assets and Lifestyle: A Critical Illness Insurance Review If a serious illness strikes, how will you protect your assets and lifestyle from financial hardship? Table of Contents Page Your
More informationPregnancy and Substance Abuse
Pregnancy and Substance Abuse Introduction When you are pregnant, you are not just "eating for two." You also breathe and drink for two, so it is important to carefully consider what you put into your
More informationSome life insurers make claims, we just pay them.
Some life insurers make claims, we just pay them. FOR ADVISERS February 2012 AIA.COM.AU 2 Some life insurers make claims, we just pay them This brochure has been designed to assist you to explain the benefits
More informationLife insurance and TPD cover. Protect their tomorrows
Life insurance and TPD cover Protect their tomorrows Life cover and Total and Permanent Disablement (TPD) cover provide you with the comfort of knowing that a lump sum will be paid if you were to die,
More informationChapter 15: Insurance Income Protection, Health and General
Questions with Guided Answers by Sharon Taylor 2013 Reed International Books Australia Pty Limited trading as LexisNexis. Permission to download and make copies for classroom use is granted. Reproducing
More informationHow To Get Insurance In Australia
Australia s $3.1 trillion underinsurance crisis February 2012 CommInsure Life Insurance Survey Source: CommInsure Life Insurance Survey 2011 The underinsurance issue Australians are currently underinsured
More informationInsurance facts you should know
Insurance facts you should know 2 Insurance facts you should know Contents 1 Even non-income earners need to be insured 2 Inside or Outside super? 3 Your insurance needs change on an annual basis 4 Different
More informationClaims we paid 2010. claims statistics and case studies 1 January 2010 to 31 December 2010
Claims we paid 2010 AMP s claims statistics and case studies 1 January 2010 to 31 December 2010 AMP s Claims Concierge service AMP insurance exists to provide a safety net for our customers when they need
More informationA Guide to Critical Illness Insurance
A Guide to Critical Illness Insurance This guide about Critical Illness cover is designed to help you decide if this is a suitable product for you. It aims to help by answering the following questions:
More informationOptional Group Critical Illness. Financial support at a critical time
Optional Group Critical Illness Financial support at a critical time Medical advances have greatly increased the ability of Canadians to survive a critical illness. However, few of us are prepared for
More informationYour critical illness protection plan
Your critical illness protection plan It could happen to you It is estimated there are over 70,000 heart attacks in Canada each year. There are between 40,000-50,000 strokes in Canada each year. An estimated
More informationInsurance facts you should know
Insurance facts you should know contents 1 Even 2 Inside 3 Your 4 tpd, non-income earners need to be insured or Outside super? insurance needs change on an annual basis Income Protection, Life Insurance
More information3.5% 3.0% 3.0% 2.4% Prevalence 2.0% 1.5% 1.0% 0.5% 0.0%
S What is Heart Failure? 1,2,3 Heart failure, sometimes called congestive heart failure, develops over many years and results when the heart muscle struggles to supply the required oxygen-rich blood to
More informationTaking care of tomorrow
Friends Life Protection Account Critical Illness Cover Guide Taking care of tomorrow Critical Illness Cover Taking care of tomorrow Friends Life Critical Illness Cover is here for you through whichever
More informationInsurance. Product Disclosure Statement. Life Insurance Superannuation Plan & Income Insurance Superannuation is closed. Document not up to date.
Insurance Product Disclosure Statement Life Insurance Plan Trauma Insurance Plus Plan Trauma Insurance Plan Total and Permanent Disability Insurance Plan Activities of Daily Living Total and Permanent
More informationCardiac Rehabilitation
Cardiac Rehabilitation Introduction Experiencing heart disease should be the beginning of a new, healthier lifestyle. Cardiac rehabilitation helps you in two ways. First, it helps your heart recover through
More informationHow much insurance cover?
How much insurance cover? We consider life and TPD insurance coverage to be family protection it is about protecting your family. Life Insurance The purpose of life insurance is to provide your dependants
More informationSo what are these various insurances and when might you need them? A brief summary of the main types of cover is as follows.
Report No. 6 September 2013 IN THIS REPORT: We research & rate the suite of life insurance products to determine who offers the best value from the 13 companies specializing in this market. IT CAN HAPPEN
More informationProfessionals Life and Living Benefit Plan
Professionals Life and Living Benefit Plan Is your financial future protected? Do you have enough protection? 5.3 million Australians don t. Did you know that a recent study found that 5.3 million families
More informationWhat is it? Why do I need it? Key features. Main benefits. REAL Support. Peace of mind cancer care:
Protection personal Real Health What is it? REAL Health provides you and your family with high levels of insurance to cover the rising costs of surgical and medical treatments available privately in New
More information