In this week's episode of Financial Services Online's Insurance News Wrap, Paige Estritori discusses crucial industry developments. Firstly, she unveils the misfortune of a Melbourne couple who returned from Bali due to a medical emergency, only to discover their single-trip policy with Tokio Marine & Nichido Fire Insurance had ended, emphasizing the importance of understanding insurance details. Next, Estritori applauds MetLife Australia's groundbreaking inclusivity-focused leave policies covering menopause symptoms, fertility treatments, gender affirmation procedures, and increased parental leave. Lastly, John Trowbridge's proposal for a shift from inadequate self-estimation methods to total replacement coverage in home insurance is highlighted, arguing it would offer homeowners essential protection without significantly increasing premiums. The episode ends with a nod to the resilience of the Australian market and upcoming changes to underinsurance.n

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