POWERED BY MOMENTUM MEDIA
MLC Life Insurance waives premiums for bushfire affected
MLC Life Insurance will waive premiums for up to three months for bushfire affected retail insurance customers.
In an announcement, MLC said advisers and customers had until the end of February 2020 to find out how the offer applied to them.
MLC Life Insurance chief executive, David Hackett, said: “We are deeply saddened to learn of the loss of life and devastation caused by the immense scale of bushfires across Australia.
“By offering this assistance to our customers, MLC Life Insurance wants to support them to ensure that their life insurance cover remains in place, so they can focus on restoring their lives as quickly as possible.”
Relief measures are available to all states and territories in Australia.
Recommended for you
The insurance company has joined this year’s awards as a principal partner.
The $135 billion fund has transitioned away from TAL Life Insurance following an “extensive tender process”.
The $80 billion fund is facing legal action over allegedly signing up new members to income protection insurance by default without active member consent.
In a Senate submission, the Financial Services Council has once again called for further clarification that the government will assess the consumer outcomes of group insurance against the enshrined objective of superannuation.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.73 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
30.15 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.71 3 y p.a(%)
