Australians are abandoning private health insurance (PHI) because it is too expensive, too confusing and offers too little value, consumer advocate Choice says.
Tag: Choice
Choice’s TPD junk policy claim based on old data, ignores code of practice improvements: FSC
Financial Services Council (FSC) has refuted consumer advocate Choice’s and its partner advocate Super Consumers Australia’s (SCA) super figures and their claim total and permanent disability (TPD) policies in super are nothing but junk, saying Choice’s figures are based on out-of-date 2016-17 data that ignore “significant” improvements after the Life Insurance Code of Practice came into force.
Insurers slam Choice for spreading fear over ‘fire definitions’
ICA has slammed Choice for spreading fear among bushfire victims with accusations today major insurers AAMI, Coles, Youi and APIA have “confusing, unfair or unclear ‘fire’ definitions” in their home and contents policies, which can be relied on to deny claims.