Australian Finance Podcast
How to make a claim on income protection and life insurance [Life Insurance Mini Series - Part 7/7]
Sep 8, 2024
Phil Thompson, an expert in life insurance and income protection, shares valuable insights on making claims in this detailed discussion. He outlines the essential steps for claiming income protection and life insurance, addressing TPD, Trauma, and Childs Cover processes. Phil highlights the significant role of insurance advisers in reducing stress during claims and the necessity of understanding the insurance PDS. He also shares real-life stories that illustrate common challenges and solutions in managing claims, offering listeners practical advice for navigating this daunting landscape.
31:58
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Quick takeaways
- Understanding the claims process for life insurance requires proactive communication with advisers to navigate complexities smoothly and reduce stress.
- Familiarizing oneself with policy documentation and claim requirements can significantly enhance the chances of successful claim approvals.
Deep dives
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