Thu, 9th Jul 2026
from Insurance News Wrap Hosted by Paige Estritori
In this episode, host Paige Estritori discuses critical changes in the Australian insurance industry. There is increasing focus on mental health coverage in the life and disability sectors, with a recent review by Peter Kell advocating for improved customer protection, clearer policies, and better communication. With mental health claims rising, Australians must scrutinize their policies for potential exclusions. Additionally, a potential review of current life insurance commission caps may impact how personal and business protection advice is provided. As profits dip in the life insurance sector, companies are urged to consult independent advisors. The episode also discusses new bushfire resilience ratings that could affect insurance premiums for property owners in bushfire-prone areas, encouraging active risk mitigation. A national risk assessment app is projected for 2027 to further assist farmers in securing favourable insurance terms.n
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