Throwaway86 » user profile

Lot more claims stemming from people getting their statement and realising they had cover. Other issue is that we can't lock in advance…

Depends on the fund. Industry specific funds like Equip, HESTA or Hostplus are going to have much higher blue collar claims to white…

Wasn't able to read the article but the underwriter of the product is always identified in the PDS. A lot of the names mentioned in the…

Generally the only wriggle room is to contest the legitimacy of the document rather than the preference. In the situation you raise, if the…

Most funds will have an underwriter. They can't handle such a huge level of risk by themselves. MetLife would meet and develop a policy…

You can claim on both concurrently. Say you put a claim in for both for your bad back, you're off work waiting for surgery to fix a lumbar…

Main differences but not exclusively: Can hold a variety of products through retail that super cant legally offer. trauma, child trauma,…

On the whole, great ideas that will see great outcomes for policy holders (can't say I enjoy speaking to claimants every 3 weeks to tell…

Sorry I can't give better news :(

Also, re: recommendations. Difficult to say given a lot of industry shake up since RC. Still wouldn't recommend touching AMP with a…

Each will have different limits, and different approaches. Some will apply exclusions. Some will add premium loading. Others will want your…

I usually overpay someone at least once a month largely because I'll take their word for when they're returning to work rather than wait…

Heavy manual is probably paying 2.5x the premium that a professional is, and does t have access to the auto approved limits that…

They'd definitely consider it.

There's a chain of command as such that needs to be adhered to. Legally binding beneficiary first and foremost (noting only certain…

Industry is desperate for more bodies on desks currently. Not as silly as I assume the troll intended. Legal background, medical, any…

Provided your doctor advises it's necessary, the costings are shown. You haven't done it within 12 months, they're pretty unlikely to say…

Checked to see if you have income protection?

Sorry. Financial hardship won't happen without Centrelink. Compassionate grounds limited to medical expenses,funeral expenses or mortgage…

Nowhere near qualified to give an exact figure there. Depends on your circumstances - mortgage, kids, how much would your home require…

I think there's a good chance you can get it approved. Especially if the office job is significantly less income than prev role, and was…

I haven't seen a burger flipper one yet. I don't think I'd want to have that discussion. The retraining clause is heavily reliant on what…

Good question. I really can't remember what logic was confirmed in the end. I still believe that based on the twenty mins between autopsies…

In my view, and I suspect there'd be plenty to try and challenge it, but given that it was a single event that caused both deaths, there is…

At this time of year, Maybe ten hours a week overtime unpaid. It's a busy 9 to 5 though. My internet at work time has dwindled…

What was his prior occupation? Heavy manual it sounds like? What sort of timeframe was he off work between taking a lesser role? Without…

Started on phones in call center. Went into admin. Moved up from there. Claims admin (I.e. setting up claims paperwork, call centre) is…

Not really, no. In my current role, we're accepting 98% of claims, with the remaining 2% requiring a "please explain" to the trustee. The…

Depends on the policy. Check with your fund. Definitely some out there that will maintain cover so long as premiums paid. Majority will…

I tend to agree with StonerWizard's points below. There's a lot more nuance to it than just any or own. Lot of policies will have the…