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    Insurance News

    ACCC Flags Potential Competition Issues in RACWA's Sale to IAG
    ACCC Flags Potential Competition Issues in RACWA's Sale to IAG
    04 May 2026: Paige Estritori
    The Australian Competition and Consumer Commission (ACCC) has expressed significant concerns regarding the proposed acquisition of the Royal Automobile Club of Western Australia's (RACWA) insurance operations by Insurance Australia Group (IAG). The watchdog warns that this transaction could substantially lessen competition in Western Australia's insurance market, potentially leading to higher premiums and reduced options for consumers. - read more
    NEOS Elevates Income Protection with Increased Medical-Free Limits
    NEOS Elevates Income Protection with Increased Medical-Free Limits
    03 May 2026: Paige Estritori
    NEOS has recently announced significant enhancements to its income protection offerings, effective from 11 March 2026. Responding to adviser feedback, the insurer has increased the maximum coverage available without mandatory medical examinations, aiming to simplify the application process for Australians seeking income protection insurance. - read more
    Acenda Life Enhances Income Protection Policies with Increased Coverage Limits
    Acenda Life Enhances Income Protection Policies with Increased Coverage Limits
    03 May 2026: Paige Estritori
    Acenda Life has recently implemented a series of updates to its Retail Life Insurance portfolio, effective from 11 April 2026. These changes are designed to provide greater flexibility and accessibility for Australians seeking income protection insurance, addressing common concerns about policy limitations and entry age restrictions. - read more
    AFCA Supports Insurer's Application of Offset Clause in Income Protection Claim
    AFCA Supports Insurer's Application of Offset Clause in Income Protection Claim
    03 May 2026: Paige Estritori
    The Australian Financial Complaints Authority (AFCA) has recently ruled in favour of Nippon Life Insurance in a dispute concerning the application of an offset clause in an income protection (IP) claim. This decision underscores the critical importance of policyholders understanding the specific terms and conditions of their insurance policies. - read more
    ASMEX 2026: Uniting Australia's Marine Industry on the Gold Coast
    ASMEX 2026: Uniting Australia's Marine Industry on the Gold Coast
    03 May 2026: Paige Estritori
    The Australian Superyacht, Marine Export and Commercial Marine Conference (ASMEX) is set to return to the Gold Coast on 19–20 May 2026, offering a pivotal platform for industry professionals to connect, share insights, and celebrate achievements. Hosted at The Langham Gold Coast, this year's conference introduces a refined format designed to cater to all sectors of the marine industry. - read more
    Farm Insurance Articles

    Understanding the Different Types of Farm Insurance Coverage
    Understanding the Different Types of Farm Insurance Coverage
    In the world of farming, risks are an everyday reality. Whether you're dealing with unpredictable weather, pest invasions, or fluctuating market prices, the uncertainties can be overwhelming. This is where farm insurance comes into play. - read more
    Custom Farm Insurance: Tailoring the Perfect Policy for Your Agricultural Needs
    Custom Farm Insurance: Tailoring the Perfect Policy for Your Agricultural Needs
    Welcome to the world of farm insurance, where no two policies are the same, just as no two farms mirror each other in operations and risks. As a farmer, you are acutely aware that your agricultural endeavors bring a unique set of challenges and needs. Recognizing this diversity is the first step in protecting your livelihood. - read more
    Understanding Machinery Breakdown Insurance for Australian Farms
    Understanding Machinery Breakdown Insurance for Australian Farms
    Welcome to our in-depth exploration of Machinery Breakdown Insurance—a safety net that's becoming increasingly important for the modern Australian farmer. Whether you're involved in cropping, dairy, or livestock, your equipment is the backbone of your operation. As farming technology evolves, the machinery becomes more sophisticated, and unfortunately, the more complex a system is, the more that can go wrong. This is where Machinery Breakdown Insurance comes into play. - read more
    Risk Mitigation: Best Practices for Rural Farmers
    Risk Mitigation: Best Practices for Rural Farmers
    Risk mitigation is a strategy used to prepare for and lessen the effects of potential risks faced by rural farmers. It involves identifying potential threats and taking proactive steps to minimize their impact. - read more
    Essential Coverage: The Top Insurance Policies Every Australian Farmer Should Consider
    Essential Coverage: The Top Insurance Policies Every Australian Farmer Should Consider
    Welcome to a critical discussion surrounding the stability and protection of your farming enterprise. In the unpredictable world of agriculture, insurance plays a pivotal role in safeguarding the future of your business. As we delve into the intricacies of insurance coverage, we aim to establish a strong foundation for enduring success in the farming industry. - read more

    Knowledgebase
    Term Life Insurance:
    A form of life insurance that is a pure protection policy with no cash or maturity value which lasts for a specific length of time, called a term.