Financial Newswire’s Life/Risk expert, Col Fullagar, explains the importance of navigating the nuances of describing client occupations.
CBUS is one of a few funds which hold Dangerous Occupation Exception insurance packages and it wants to reinforce that fact to new members.
Advice platform InvestSmart has raised the issue of life insurance commissions claiming they remain problematic for clients post-LIF.
First it was the platforms, now insurance platform NEOS Protection has moved to close new business access to InterPrac advisers.