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Insurance News from Key Person Insurance

Key Person Insurance is pleased to present the latest financial news headlines.

To read an entire news item, simply click on the headline.

News items on this page are prepared by our editorial team as summaries of publicly available news reports and official announcements. See linked news sources where available. The following news items are for informational purposes only and are not independent journalism.

Insurance News

What the Genetic Testing Shift Could Mean for Key Person Insurance
What the Genetic Testing Shift Could Mean for Key Person Insurance
05 Aug 2026: Paige Estritori
Australia’s life insurance sector is moving closer to a major change in how genetic information is treated during underwriting. The Federal Government has been progressing a legal ban on the use of adverse genetic test results in life insurance assessments, replacing the industry’s current self-regulated approach with stronger consumer protections. - read more
Life Insurance Complaints Highlight the Value of Claims-Ready Cover
Life Insurance Complaints Highlight the Value of Claims-Ready Cover
29 Jul 2026: Paige Estritori
Australia's latest financial complaints trends are a timely reminder that life insurance is not just about the premium on the page. For business owners arranging key person insurance, the real test of a policy often comes at the most stressful moment: when a claim needs to be assessed quickly, clearly and fairly. - read more
New Regulator Expectations Put Insurance Affordability Back in Focus
New Regulator Expectations Put Insurance Affordability Back in Focus
22 Jul 2026: Paige Estritori
The Federal Government’s updated expectations for APRA and ASIC have introduced a fresh regulatory backdrop for Australia’s life insurance sector, with a stronger emphasis on productivity, innovation, competition and proportionate oversight. Released on 16 July 2026, the statements do not remove the regulators’ independence, but they do clarify how the Government wants financial regulation to support a stable, competitive and more responsive market. - read more
What Canstar’s 2026 Life Insurance Ratings Mean for Key Person Cover
What Canstar’s 2026 Life Insurance Ratings Mean for Key Person Cover
15 Jul 2026: Paige Estritori
Canstar’s latest 2026 life insurance research has put fresh numbers around a familiar pressure point for Australians: premiums are still rising, even if the increase is relatively modest. Based on Canstar’s direct life insurance rating work, average life insurance costs were reported to be $14.60, or 0.84%, higher in 2026 compared with the previous year’s national averages. - read more

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.


Life Insurance Articles

Key Person Insurance: Protecting Your Most Valuable Assets
Key Person Insurance: Protecting Your Most Valuable Assets
Key person insurance is a form of business insurance designed to help protect a company when a vital person, such as a business owner, executive or indispensable employee, dies, becomes incapacitated or is otherwise unable to continue in their role under the terms of the policy. It provides a financial safety net for the business during a difficult transition. - read more
The Role of an Insurance Broker in Securing Keyperson Insurance Coverage
The Role of an Insurance Broker in Securing Keyperson Insurance Coverage
Keyperson insurance is a type of business insurance designed to protect companies from financial losses that may occur due to the sudden loss of a crucial team member. This insurance policy provides a financial safety net that companies can rely on in difficult times, ensuring continuity and stability. - read more
Protecting Your Startup: Understanding Keyperson Life Insurance Options
Protecting Your Startup: Understanding Keyperson Life Insurance Options
Keyperson life insurance is a special type of coverage designed to protect businesses against the financial impact associated with the loss of a key team member. Essentially, it acts as a safety net for companies, ensuring that the sudden loss or absence of crucial personnel doesn't jeopardize business operations or continuity. - read more

Knowledgebase
Indemnity:
A legal principle that stipulates that insurance policies should restore the insured to the financial position they were in before the loss.