Key Person Insurance :: News
SHARE

Share this news item!

Hostplus and MetLife Australia Renew Group Insurance Partnership

Extended Collaboration Aims to Enhance Member Services and Outcomes

Hostplus and MetLife Australia Renew Group Insurance Partnership?w=400

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.

Hostplus, a leading Australian superannuation fund, has announced the extension of its group insurance partnership with MetLife Australia until June 2028.
This renewal signifies a continued commitment to providing comprehensive insurance coverage to Hostplus members.

Since the inception of their partnership in 2013, Hostplus and MetLife have collaborated to offer cost-effective group insurance solutions, including Death, Total and Permanent Disablement (TPD), and Income Protection cover. The extension of this partnership is expected to unlock new opportunities to elevate servicing models across claims and underwriting, ultimately delivering stronger outcomes for members.

Hostplus CEO David Elia highlighted the benefits already realised through this collaboration, such as lower premiums, improved insurance terms, and a more personalised claims experience. He emphasised that the extension provides a pathway to further strengthen the collaboration and deliver an innovative and enhanced offering to members.

MetLife Australia CEO Richard Nunn echoed this sentiment, stating that the partnership reflects a shared vision to deliver meaningful insurance experiences that support members when it matters most. He noted that MetLife's focus on becoming a leading digital insurer aligns with the goal of providing seamless, personalised insurance experiences to Australians.

Through this extended partnership, Hostplus and MetLife aim to transform the insurance service model by moving toward a more personalised and member-focused experience. This includes providing insurance benefits at a lower cost and offering dedicated relationship management throughout the claims process, reinforcing their commitment to service excellence.

For Hostplus members, this extension means continued access to essential support during life's most challenging times, with the assurance of financial security through tailored insurance solutions.

Published:Wednesday, 27th May 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

0 Comments

No comments yet. Be the first to share your thoughts.

Insurance News

Compliance Warnings Put Key Person Cover Quality Back in Focus
Compliance Warnings Put Key Person Cover Quality Back in Focus
16 Sep 2026: Paige Estritori
Australia's life insurance sector has received another reminder that compliance quality is not an abstract issue. The latest Life Insurance Code compliance reporting points to persistent weaknesses in how insurers communicate with customers, manage claims milestones and maintain controls when service pressure rises. - read more
Why Operational Resilience Now Matters for Key Person Cover
Why Operational Resilience Now Matters for Key Person Cover
09 Sep 2026: Paige Estritori
Australia’s life insurance sector is entering a more demanding phase of operational risk oversight, with APRA’s CPS 230 standard now shaping how insurers manage service disruption, outsourcing, technology failures and critical business processes. While this may sound like a back-office regulatory issue, it has practical consequences for businesses that rely on key person cover to protect cash flow, debt commitments and continuity planning. - read more
Advice Reform Debate Puts Key Person Cover in Focus
Advice Reform Debate Puts Key Person Cover in Focus
02 Sep 2026: Paige Estritori
Australia’s life insurance sector is again focusing on the advice gap, with industry bodies and policy participants continuing to press for reforms that could make practical insurance guidance easier for consumers and businesses to access. The debate sits within the Federal Government’s broader financial advice reform agenda and is particularly relevant for business owners who need cover that is both affordable and properly structured. - read more
Latest APRA Data Points to a More Stable Life Insurance Sector
Latest APRA Data Points to a More Stable Life Insurance Sector
19 Aug 2026: Paige Estritori
APRA's latest quarterly life insurance statistics suggest Australia's life insurance sector is operating on a steadier footing, with profitability and capital strength remaining key themes across the market. For business owners, this is encouraging, but it should not be mistaken for a signal that premiums, underwriting or claims expectations will automatically become simpler. - read more


Life Insurance Articles

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
Key person insurance cover options: life, TPD and trauma explained
Key person insurance cover options: life, TPD and trauma explained
Key person insurance can help a business manage the financial impact of losing a critical person through death, total and permanent disablement or a serious illness, depending on the policy. This guide explains how key person life insurance, TPD insurance and trauma insurance differ, and what Australian businesses should consider when comparing cover options. - read more
How to estimate key person insurance cover for an Australian business
How to estimate key person insurance cover for an Australian business
Key person insurance cover should reflect the financial impact a business may face if a critical person can no longer contribute. This guide explains practical factors Australian businesses can consider when estimating an appropriate cover amount. - read more
Key person insurance tax treatment and policy ownership in Australia
Key person insurance tax treatment and policy ownership in Australia
Key person insurance can be structured for different business purposes, and that purpose may affect who owns the policy, who receives any proceeds and how premiums and claim payments are treated for tax. This article explains the main Australian considerations at a general level and why professional tax advice is important before setting up cover. - read more

Knowledgebase
Insurance Deductible:
That part of an insurance claim that must be paid by an insured person before the the balance is paid by the insurer.