Sat, 6th Apr 2024

06/04/2024 2 min

Listen "Sat, 6th Apr 2024"

Episode Synopsis

In this episode of the Weekly Insurance News Wrap, Paige Estritori highlights the importance of thoroughly checking travel insurance details, following a Melbourne couple's denied claim due to miscommunication about their coverage. In uplifting news, MetLife Australia is expanding its inclusive leave policies for menopause, fertility issues, and gender affirmation, and aims to extend its paid parental leave. This reflects the company's commitment to employee welfare based on insights from internal research and Diversity Council Australia surveys. Meanwhile, industry expert John Trowbridge proposes mandatory full replacement coverage for home insurance in an attempt to combat underinsurance. He suggests this wouldn't significantly affect premiums, but would enhance homeowner security. Stay tuned for more updates from the insurance industry with Financial Services Online.