Royal Commission unveils life insurance rort

The Royal Commission into the financial sector has discovered more horrifying behaviour from some of our largest institutions, with one company hiring a private investigator to discover a way to stop paying a claim.

The Commission is currently investigating life insurance and insurer TAL has come under the microscope.

The company spent years fighting a woman’s claim, under her income protection policy, after she was unable to work as a nurse due to depression and anxiety.


ARTICLE CONTINUES AFTER THIS ADVERTISEMENT

TAL paid a private investigator $20,000 to find information that they could use to avoid paying the woman almost $800,000.

They’ve also been accused of attempting to bully the woman into paying $69,000.

TAL executive Loraine van Eeden repeatedly described the incident as “inappropriate” during proceedings on Thursday.

After stints with the ABC and AAP, Mitchell joined 1029 Hot Tomato in 2017. He’ll be out and about bringing you the news that matters on the Coast.

Leave a Reply

avatar
  Subscribe  
Notify of