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  • Life Insurance Bulletin - April 2020

Life Insurance Bulletin - April 2020

  • Newsletter
  • Published 09.04.2020

Note from Editor

Contents

Impact of COVID-19 on Courts and Tribunals

Financial Services Royal Commission Fallout – Proposed changes to the disclosure requirements and remedies under the Insurance Contracts Act

AFCA disregards policy trauma definition – Says fairness requires benefit to be paid despite definition not being met 
Case 607118

Unfair contract terms regime to apply to life insurance policies from 5 April 2021

TPD Intense scrutiny of decline letters continues 
Sandstrom v FSS Trustee Corporation & Anor [2020]

Financial Services Royal Commission Fallout - Claims handling as a Financial Service

Federal Court considers issue of when a TPD benefit is payable – Also considers Interest
Chapman v QSuper Board [2020] 

Death Claim – Act of murder ‘forfeits’ joint policy owner’s right to a benefit
Westpac Life Insurance Services Limited v Mahony (No 3) [2020]

 

Alph Edwards

Partner

P: 02 8257 5703

Email Alph

Fiona Hanlon

Partner

P: 07 3212 6703

Email Fiona

Michael Iacuzzi

Partner

P: 02 8257 5769

Email Michael

Sandra Nicola

Partner

P: 02 8257 5752

Email Sandra

Lisa Norris

Partner

P: 02 8257 5764

Email Lisa

Darryl Pereira

Partner

P: 02 8257 5718

Email Darryl

Peter Riddell

Partner

P: 03 8600 5005

Email Peter

Sofia Papachristos

Partner

P: 03 8600 5049

Email Sofia

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