Group life insurance: background paper 28
PublisherInsurance Life insurance Misconduct in the banking superannuation and financial services industry Royal Commissions Australia
An important feature of the modern life insurance market is that all products, except trauma or critical illness insurance, are sold both on an individual basis as well as a group basis. There are three sectors or sales channels for life insurance: through an advice provider (retail); directly from an insurer (direct); or through their superannuation fund and the group life cover offered by the fund (group).
Commonwealth of Australia 2018
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29 Aug 2018