Comminsure Life Insurance

However robs wife did have concerns so they sought the advice of a financial adviser. Rob was surprised to find out he only had 270000 life cover in his super funds insurance plan.

3 Referring To Page 5 Of The Comminsure Pds Who Will The Life

Comminsure is the insurance arm of the commonwealth bank group cba and offers a range of life insurance and personal investment products.

Comminsure life insurance. Thats over 20 million in claims paid on average each week. Life care pays for a lump. Comminsure took over 12 months to pay my claim which was 17 years ago.

Comminsure home and contents insurance also comes with a number of beneficial additional features including new for old replacement of contents veterinary expenses up to 1000 and up to 12 months of temporary accommodation for your family and pets. Had comminsure life insurance tpd total and permanent disability trauma critical illness cover for 10 years or more. Comminsure is a leader in the australian insurance industry with roots dating back 140 years.

We pay all genuine claims as soon as possible. Life insurance code of practice the life insurance code of practice the code is the life insurance industrys commitment to customer service. Their history has been built on providing competitive products that offer value for money.

Claims paid calendar year 2018 under our retail direct and group insurance policies. For over 140 years comminsure has protected the lifestyles of millions of australians through innovative and competitive life insurance and income protection products. Comminsure protection is issued by the colonial mutual life assurance society limited abn 12 004 021 809 cmla.

The adviser recommended he put in place a financial plan that included life care to top up the life insurance he held in his super fund. Comminsure life insurance is a part of the australian commonwealth bank group and although the comminsure name was not introduced into the australian insurance world until 1999 its links with the. We paid these claims under our retail direct and group insurance policies.

In 2013 comminsure paid more than 665 million in life and disability insurance claims thats over 12 million per week. In 2017 comminsure paid more than 1 billion in claims. However we offer a range of products from other providers through our life insurance comparison service.

Aia is part of the aia group the largest publicly listed life insurance group in the asia pacific region with a presence in 18 markets. I was 58 years old and had the policy with them for 31 years. Comminsure life insurance products arent currently offered through compare the market.

They increased my annual premium by over 21 last spring. Comminsure is one of australias largest life risk insurers covering over 28 million customers. In 2018 comminsure paid over 960 million in life and income protection payments.

Comminsure Fined 700k For Insurance Calls The Canberra Times