Life insurance claim causes

TAL is a large life insurer in Australian and recently shared highlights from the life and disability insurance claims it paid in 2018.  From 1 January to 31 December 2018, TAL paid almost $1.62 billion in claims to more than 26,000 Australians and their families, providing significant help when they need it most. That’s equivalent to around $31 million per week.  The information shown below, covering common reasons for claim, is general in nature – so please contact Experien Insurance Services if you would like more context or wish to discuss this further.  The terms of each insurance policy is covered by specific terms and conditions of each policy, and underwriting decisions made by the insurer, so these statistics will not be relevant for everyone.