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  • Writer's pictureAlex Hont

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.


Please read and acknowledge the following before listening to this episode. This podcast is for entertainment purposes only and does not constitute financial advice or financial product advice. To receive personal financial advice or financial product advice you must first receive a Statement of Advice (SoA). You must also receive, read and understand the Product Disclosure Statement/s (PDS) of any products you are considering to ensure the product/s is suited to your needs before acting. We may discuss products, services and answer listener questions on this podcast for entertainment & illustration purposes only. We may change the name of the questioner for anonymity. It is impossible to give you personal advice on an entertainment podcast as we do not know the details of your personal financial situation.

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