19
Dec
Rice Warner’s latest underinsurance report showed that there was an aggregate deficit sums insured in the community of:
- $471 billion for basic life cover
- $3,435 billion for income replacement life cover
- $10,870 billion for TPD cover, and
- $611 billion for income protection cover per annum
Source: Rice Warner Superannuation Efficiency and Competitiveness Submission to the Productivity Commission 19 September, 2016
