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Insurance News from Corporate Life Insurance

Corporate Life Insurance is pleased to present the latest financial news headlines.

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News items on this page are prepared by our editorial team as summaries of publicly available news reports and official announcements. See linked news sources where available. The following news items are for informational purposes only and are not independent journalism.

Insurance News

Mental Health Cover Debate Enters a More Practical Phase
Mental Health Cover Debate Enters a More Practical Phase
04 Nov 2026: Paige Estritori
Australia’s life insurers have moved from broad reform talk to the harder task of deciding how mental health should be treated in future life insurance products, after the Council of Australian Life Insurers released its response to the independent Life Insurance Code of Practice review. For employers, the development matters because mental health claims, disability definitions, affordability pressures and staff communication all intersect in workplace insurance arrangements. - read more
Code Watchdog Report Puts Claims Service Back on Employer Agenda
Code Watchdog Report Puts Claims Service Back on Employer Agenda
28 Oct 2026: Paige Estritori
The Life Code Compliance Committee’s 2025–26 Annual Report has put claims handling, benefit payment timeliness, customer communication and consent processes back under scrutiny for Australia’s life insurance sector. The watchdog reported 10,697 Code breaches affecting 27,289 customers, sanctioned two unnamed insurers for serious non-compliance and confirmed that a dedicated claims-handling inquiry will remain a priority in 2026–27. - read more
Life Claims Data Shows Why Workplace Cover Still Matters
Life Claims Data Shows Why Workplace Cover Still Matters
16 Sep 2026: Paige Estritori
New industry claims reporting from Australia’s life insurance sector has reinforced an important point for employers: life cover is not an abstract employee benefit. It is a financial safety net that is tested every year by death, disability, serious illness and extended time away from work. - read more
What a Steadier Life Insurance Market Means for Employers
What a Steadier Life Insurance Market Means for Employers
09 Sep 2026: Paige Estritori
Fresh life insurance performance data from APRA points to a market that is steadier than the disrupted conditions seen in recent years, but not one where employers can afford to be passive. For CFOs, HR leaders and directors, the message is less about a single quarterly result and more about the operating environment behind corporate life insurance pricing, claims service and product design. - read more

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Life Insurance Articles

Insurance Made Easy: Understanding Your Corporate Coverage Options
Insurance Made Easy: Understanding Your Corporate Coverage Options
Corporate insurance might not be the first thing on your mind when running a business, yet it plays a crucial role in safeguarding your enterprise. Whether you're a small local shop or a bustling company, having the right insurance ensures that your business can withstand the unexpected. - read more
Key Person Life Insurance for Australian Businesses: What It Covers and When It May Be Used
Key Person Life Insurance for Australian Businesses: What It Covers and When It May Be Used
Key person life insurance can help an Australian business manage the financial impact of losing an owner, director, partner or specialist employee whose contribution is critical to revenue, debt servicing or continuity. - read more
Tax Considerations for Corporate Life Insurance in Australia
Tax Considerations for Corporate Life Insurance in Australia
Corporate life insurance can support employees, protect key people and strengthen business continuity, but its tax treatment depends on the policy purpose, ownership, beneficiary and how premiums and proceeds are structured. - read more
Transform Your Employee Benefits Package with Corporate Life Insurance
Transform Your Employee Benefits Package with Corporate Life Insurance
Corporate life insurance is a policy taken out by a business to cover the lives of its employees. It serves multiple purposes, including providing a financial safety net for both the company and the employee's family in the unfortunate event of a death. Unlike personal life insurance, this type of policy is owned by the business, and its benefits can be designated to protect a company’s financial interests or support the employee's beneficiaries. - read more

Knowledgebase
Insurance Policy:
Broadly, the entire written contract of insurance. More narrowly, the basic written or printed document, as distinguished from the forms and endorsements added thereto.