Compare Life Insurance :: News
Insurance News from Compare Life Insurance
Compare Life Insurance is pleased to present the latest financial news headlines.
To read an entire news item, simply click on the headline.
Insurance News
| Understanding AustralianSuper's Income Protection Reduction 16 Apr 2026: Paige Estritori AustralianSuper, one of Australia's largest superannuation funds, has announced a significant change to its default income protection insurance. Effective from 28 February 2026, the fund will reduce the default income protection cover to $1,000 per month. This adjustment aims to align insurance coverage with members' actual income levels and prevent over-insurance, which can erode retirement savings. - read more |
| CareSuper Enhances Income Protection Benefits for Members 16 Apr 2026: Paige Estritori CareSuper has announced an enhancement to its income protection insurance offerings. Starting 1 April 2026, members can apply for income protection cover up to 87% of their current income, including up to 12% super contributions. This is an increase from the previous limit of 85% of income, which included up to 10% super contributions. - read more |
| APRA Enhances Capital Requirements for Sovereign Insurance Australia 16 Apr 2026: Paige Estritori The Australian Prudential Regulation Authority (APRA) has recently mandated an additional capital requirement of $2 million for Sovereign Insurance Australia Pty Ltd. This directive is part of APRA's ongoing efforts to bolster the financial stability and resilience of insurers operating within Australia. - read more |
| Europ Assistance Australia Enters Market with APRA's Approval 16 Apr 2026: Paige Estritori The Australian Prudential Regulation Authority (APRA) has granted a new general insurance licence to Europ Assistance Australia, marking the company's official entry into the Australian insurance market. This development introduces additional competition and diversity within the sector. - read more |
Follow us!
We are a proud member of the Financial Services Online network!
Connect with us on your favourite social media platform for the latest financial news, views, tips, tricks, resources and information.
Life Insurance Articles
| A Guide to the Australian Income Protection Insurance Landscape Income protection insurance stands as an unsung hero in the tapestry of financial security, often overlooked but irreplaceable in its role. Designed to provide a safety net, it ensures that individuals can continue to receive a portion of their income should they become unable to work due to illness or injury. It’s about peace of mind, knowing that life's unforeseen events won't sweep the ground from beneath you. - read more
|
| The Essential Guide to Calculating Your Income Insurance Coverage Income protection insurance is a type of policy designed to provide you with a financial safety net in the event that you are unable to work due to illness or injury. Its core purpose is to replace a portion of your income, helping you to maintain your standard of living until you're able to return to work. It's an essential consideration for anyone who relies on their income to support themselves and their families. - read more
|
| Making Sense of Income Protection Insurance: A Must-Read Comparison for Australians When life throws unexpected challenges our way, the assurance of financial stability can be a beacon of hope amidst the uncertainty. For many Australians, income protection insurance is that beacon, safeguarding their livelihood and providing a crucial safety net when they need it most. It's more than just a policy; it's a strategic step towards longer-term peace of mind. - read more
|
| Life Insurance for Entrepreneurs: Protecting Your Business and Family Life insurance is a financial product designed to provide a safety net for your loved ones and business in the event of your passing. At its core, life insurance aims to deliver financial protection by paying out a lump sum or ongoing payments to a designated beneficiary upon the insured's death. - read more
|
Start Here !
Apply now for your free Insurance assessment and price comparisons!
All quotes are provided free and without obligation. We respect your
privacy.
Knowledgebase
Umbrella Policy:
An additional insurance policy that provides extra liability coverage beyond the limits of the insured's primary policies.
An additional insurance policy that provides extra liability coverage beyond the limits of the insured's primary policies.