“A claim on life insurance that was sold “directly” through an insurance website had a 71 per cent higher chance of being denied compared with a policy sold through an adviser. Group insurance claims, sold through superannuation, were 14 per cent more likely to be denied than a claim on an advised policy.” The Australian
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For more on the report – head to the original article dated 24/11/2016 in The Australian HERE.
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Credit Source Original article: http://www.theaustralian.com.au/business/financial-services/life-insurance-reforms-cause-stir-in-industry/news-story/d02a0cf1f3281e32754cb2d09d165592