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    Insurance News

    HESTA Announces 12% Reduction in Insurance Fees to Benefit Members
    HESTA Announces 12% Reduction in Insurance Fees to Benefit Members
    18 May 2026: Paige Estritori
    HESTA, a leading Australian superannuation fund, has unveiled a significant reduction in insurance fees, aiming to make coverage more accessible and affordable for its members. Effective from 1 July 2026, the fund will implement an average 12% decrease across all insurance cover types, including death, total and permanent disablement (TPD), and income protection. - read more
    Rising Mental Health Claims Drive Surge in Income Support Demand
    Rising Mental Health Claims Drive Surge in Income Support Demand
    18 May 2026: Paige Estritori
    Recent data reveals a significant increase in the number of Australians accessing income support, with over 8 million individuals receiving assistance in the past year. This surge is largely attributed to a rise in mental health-related claims, highlighting a pressing issue within the workforce. - read more
    AFCA Supports Insurer in Income Protection Offset Dispute
    AFCA Supports Insurer in Income Protection Offset Dispute
    18 May 2026: Paige Estritori
    The Australian Financial Complaints Authority (AFCA) has recently ruled in favour of Nippon Life Insurance in a dispute concerning income protection (IP) offsets, confirming an overpayment of nearly $18,000 and supporting the insurer's decision to suspend benefits during the reconciliation of compulsory third party (CTP) income. - read more
    Australian Cosmetic Prices Surge Amid Middle East Supply Disruptions
    Australian Cosmetic Prices Surge Amid Middle East Supply Disruptions
    18 May 2026: Paige Estritori
    Recent geopolitical tensions in the Middle East have led to significant disruptions in crude oil supply, resulting in increased costs for petroleum-derived raw materials essential to the cosmetic industry. This development is causing a notable rise in the prices of beauty products across Australia. - read more
    Australian Health Insurers Criticised for Aggressive Negotiation Tactics
    Australian Health Insurers Criticised for Aggressive Negotiation Tactics
    18 May 2026: Paige Estritori
    Recent reports have brought to light concerns regarding the negotiation practices of major health insurers in Australia. Private hospitals have accused these insurers of employing aggressive tactics that may be contributing to the closure of services and facilities across the country. - read more
    Health Insurance Articles

    Insider Secrets to Finding Cost-Efficient Health Insurance
    Insider Secrets to Finding Cost-Efficient Health Insurance
    Health insurance in Australia is a crucial aspect of ensuring you and your family receive the medical care needed without facing exorbitant costs. The healthcare system, consisting of both public and private sectors, offers various options to suit different needs and budgets. While the public sector (Medicare) provides essential services, private health insurance offers additional benefits such as faster access to services, choice of doctor, and coverage for services not included in Medicare. - read more
    5 Common Mistakes to Avoid When Selecting Family Health Insurance
    5 Common Mistakes to Avoid When Selecting Family Health Insurance
    Choosing the right family health insurance can feel like navigating a maze. With so many options and factors to consider, it's no wonder many Australians find the process overwhelming. The stakes are high, as the wrong choice could not only impact your family's access to healthcare but also strain your finances. - read more
    Unlocking Affordable Health Insurance: Tips to Reduce Your Premiums
    Unlocking Affordable Health Insurance: Tips to Reduce Your Premiums
    The current health insurance landscape in Australia can be quite confusing for many people. With numerous options available, it’s not always clear which to choose to balance your budget with your needs. Premiums are on the rise, and Australians are becoming increasingly concerned about the costs of maintaining adequate coverage. - read more
    Smart Strategies to Lower Your Health Insurance Premiums
    Smart Strategies to Lower Your Health Insurance Premiums
    In today's rapidly changing health insurance landscape in Australia, keeping track of costs and coverage can be daunting. Many Australians find themselves grappling with high premiums that seem to increase year after year. - read more
    Keeping Your Family Protected: The Importance of Adequate Health Insurance Coverage
    Keeping Your Family Protected: The Importance of Adequate Health Insurance Coverage
    The modern Australian family faces a dynamic and ever-evolving set of health needs, with access to quality healthcare remaining a cornerstone of managing our wellbeing. As these needs shift through the different stages of life, the assurance of having a safety net in place can provide unparalleled peace of mind. It's this sense of security that makes adequate health insurance coverage indispensable in today's fast-paced society. - read more

    Knowledgebase
    Public Liability Insurance:
    Insurance which provides protection against liability to third parties.