Funeral Insurance News – August 2018

Two funeral insurance companies were called to give evidence in Round 4 of The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, Experiences with financial entities in regional and remote communities. Submissions centred on the appropriateness of products, the non-disclosure that the total premiums of a policy could be more than … Read more

The Sureplan Story

Sureplan is different to other companies that offer funeral insurance in Australia. Believe it or not there are 14 companies offering funeral insurance in Australia according to research company Canstar, including Sureplan   The other 13 are all for-profit life insurance companies whereas Sureplan is a mutual life insurer.  Being a mutual friendly society, Sureplan has … Read more

One way to reduce the effect of the Assets Test Changes coming on 1 January 2017

The Government has announced changes to the Assets Test that will apply to pension entitlements from 1 January 2017. There will be an increase in the Asset test free thresholds which will allow for an estimated 50,000 more Australians to qualify for a full pension (“SuperGuide” – June 2016).However, the rate at which a pension … Read more