Fri, 10th Jul 2026
from Insurance News Wrap Hosted by Paige Estritori
In this Weekly Insurance News Wrap, Paige Estritori delves into crucial updates in the insurance sector. The podcast covers a comprehensive review of the Life Insurance Code of Practice focusing on mental health coverage. There's a call for Australians to critically assess the appropriateness of their income protection policies, particularly those related to mental health. The podcast also highlights debates over the life insurance commission caps, known as the 60/20 model, and the important role it plays in delivering protection advice. It underlines the urgency for business owners to review their insurance coverage to protect their financial and succession plans. Amidst softer life insurer profits and business owners needing to reassess their insurance structures, it also reveals the increase in bushfire resilience ratings usage by major insurers to assess bushfire risks - setting expectations high for a forthcoming national risk assessment app.
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