Mon, 4th Nov 2024

04/11/2024

Listen "Mon, 4th Nov 2024"

Episode Synopsis

This week's episode of the Weekly Insurance News Wrap, presented by Paige Estritori on behalf of Financial Services Online, covers significant insurance stories from Australia. Topics include the Australian Financial Complaints Authority's (AFCA) interventions in a disputed MetLife income protection claim related to workplace bullying and an underpaid claim by commercial property owner against AIG Australia. In fraud news, Perth gym owner Karen Salkilld was sentenced to three years for defrauding TAL Insurance of $700k by faking her death. We also report on an Australian motorist's failed claim after leaving his car unlocked, reinforcing the importance of complying with security measures stated in insurance contracts. This episode underscores the necessity of precise communication with insurers and adherence to insurance policy terms. Stay informed and avoid insurance pitfalls at financialservicesonline.com.au.