Episode 47 - APRA forces insurers to make Income Protection policies worse
There is change in the winds and it is rolling in like a storm set to hit at the end of March 2020 and will be brutal for self-employed people. The Australian Prudential Regulation Authority has scolded the naughty insurance companies for making big losses on their income protection insurance policies and has changed the rules around what type of income protection insurance contracts they can offer. Have a listen to this episode of the #mastersoffinancepodcast to find out what the changes are that are coming.
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