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A job is not an occupation – the Supreme Court of NSW clarifies what is a life insured’s “occupation” under an “Own Occupation” TPD definition

The Supreme Court of NSW has handed down its decision in Murphy Mcarthy & Associates Pty Limited (Administrator Appointed) v…

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Better protection for consumers: updating the Life Insurance Code of Practice

The Financial Services Council (FSC) has published an updated Life Insurance Code of Practice (Life Code), which will come into…

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Replacing group insurers, sliding doors – Sharma v H.E.S.T. Australia Ltd [2022] FCA 536

1. Key learnings 1.1 Section 27A of the Insurance Contracts Act 1984 (Cth) (ICA) is clear in its retrospective application…

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ICA Reform: The re-design of remedies for pre-contractual misrepresentation

2020 has been a big year for the life insurance industry; and the action keeps coming right up to the…

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Life Insurance update

Welcome to our update, bringing you the latest in Life Insurance news. During Life@AILA’s webinar on Tuesday, 13 October 2020,…

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Life Insurance Update – ASIC’s expectations and priorities October 2020

Welcome to our update, bringing you the latest in Life Insurance news. The COVID-19 pandemic has brought many challenges to…

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