Life Insurance

Life insurance provides important financial protection to Australian policy holders. The life insurance industry has been under pressure in recent years to respond to a substantial increase in life and Total and Permanent Disability (TPD) claims, renewed focus from the regulators and the demands of policy holders who want meaningful and value for money products.

Meridian has extensive life insurance industry knowledge in the areas of policy, regulatory, compliance, governance and claims. Our experience in advising APRA regulated entities on both front and back-end issues means that we are able to offer sound advice and guidance. Moreover, our extensive claims experience over both life and general insurance facilitates our cost-effective and efficient services offering to both insurers and insureds.

Key services 

  • Policy wording, drafting and advice
  • Product reviews, refinements and comparisons
  • Regulatory and compliance advice
  • Advice on prudential standards and governance
  • Liaising with regulators
  • Life, Trauma, TPD and recovery claims
  • Litigation involving life insurance
  • Reinsurance
  • Solvency and capital adequacy issues
  • Licensing and broker/agency issues
  • Privacy and cyber issues