Welcome to the first edition of the Life Insurance Bulletin for 2020
Welcome to the first edition of the Life Insurance Bulletin for 2020 including vital updates on how our courts and tribunals are responding to COVID-19. More generally, there is still a lot going on in life insurance with the life relevant FSRC legislative reform and UCT moving ever closer to law and a start date. There are also plenty of life cases of interest and you will see that AFCA has adopted a new position with respect to the interpretation of trauma terms that all trauma insurers will need to grapple with.
TPD Intense scrutiny of decline letters continues - Sandstrom v FSS Trustee Corporation & Anor 
Federal Court considers issue of when a TPD benefit is payable – Also considers Interest - Chapman v QSuper Board 
Death Claim – Act of murder ‘forfeits’ joint policy owner’s right to a benefit - Westpac Life Insurance Services Limited v Mahony (No 3)