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Insurance Business | 16 May 2017, 10:35 AM Agree 0
Changes will require insurers to offer customers a price comparison to improve transparency
  • NFI | 16 May 2017, 01:10 PM Agree 0
    These comparisons work well when there is no change in anything, however once you start to make Endorsements etc then the premium paid at renewal previously is no longer relevant.
    Will the mandate by Fels require insurers to provide FAP calculations so that clients can see the true cost of the policy last year? No, because that falls into reality and outside populist policy / decisions...
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