Average death and disability claim in Australia $132,537

/, Insurers, Life Insurance/Average death and disability claim in Australia $132,537

Actuaries KPMG have released analysis of records from 14 life insurers from 2004-06 and have found the average death and disability claim in Australia is $132,537.

Cancer results in the majority of claims, 81% of claims by females.

The research was requested at by IFSA (The Investment and Financial Services Association Limited) the national body representing retail and wholesale funds management, superannuation and life insurance industries. IFSA has over 135 members who are responsible for investing over $1 trillion on behalf of more than ten million Australians.

For free life insurance quotes click here 

Quotesonline Free Insurance Quotes

Please note Quotesonline Insurance News is an information service provided by third parties Insure 247 Australia doesn’t warrants the accuracy of any information contained there in, readers should make their own enquiry’s before relying on information in the stories Terms of Service

The Quotesonline Team

Helping Australians with Insurance Quotes since 2002. Quotesonline is operated buy Insure 247, we are based on the Gold Coast in Australia Since 2002 we have assisted over 1 million Australians with their insurance requests

Call Now ButtonCall For Quotes
%d bloggers like this: