Income Protection Insurance – Regulatory Changes
January 29 - 6:30 PM - 8:30 PM AEDT
Significant changes are coming to the life insurance market in Australia that may impact you.
The Australian Prudential Regulation Authority (APRA) announced on the 2nd December 2019 a number of measures, that will require life insurers to address issues with income protection insurance.
As a result, the design and some key features of current policies may no longer be available from the 31st of March 2020.
If you already have cover in place, these changes will have no impact on your policy - you will be able to keep your existing policy along with any existing features. But if you don’t yet have cover (or plan to review your current policy), there is a window of opportunity between now and the 31st of March 2020 to apply for a policy.
This insurance masterclass will cover:
- The benefits of applying for cover now before these changes occur
- The reasons APRA instituted these changes
- What it all means and the impact it could have on you
- The state of other sectors of the insurance market, including Life Insurance, Total and Permanent Disability Insurance, Critical Illness Cover and Income Protection Insurance.
Register now to secure your place or contact us for more information.
This event is brought to you by Specialist Wealth Group, one of the AMA (NSW)'s Preferred Partners.
Date / Time
Wednesday, 29 January 2020
6:30pm - 8:30pm
AMA (NSW) Member: Free