Royal Australasian College of SurgeonsRoyal Australasian College of Surgeons

Important changes to income protection insurance

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Australian financial regulator APRA has announced major reforms to income protection insurance, which will reduce the amount of benefits available to Australian policy holders . So, if you haven’t looked at your current cover for a while, best you do so now. That’s according to Michael Waycott, Director of The Bongiorno Group, who discusses the changes which will be implemented by 1 October 2021.

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Royal Australasian College of Surgeons

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