CBA sells CommInsure General Insurance to the Hollard Group and establishes an exclusive 15-year strategic alliance.... read more ›
CIL is a wholly owned non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 (Commonwealth Bank) and is the insurer for the CommInsure Home Insurance policy.... view details ›
In June, Commonwealth Bank of Australia (CBA) agreed to sell its general insurance business to the Hollard Group for an upfront payment of $625 million. The sale of CommInsure General Insurance was both the biggest and the final major deal by one of Australia's big four banks to divest general insurance businesses.... read more ›
CommInsure is committed to paying all genuine and valid claims promptly and efficiently. If you need to make a claim for one of the elements in your CommInsure Protection Total Care Plan or Income Care policy you can contact CommInsure's Claims Assist Line on 1800 221 516 from 8am-8pm (Sydney time), Monday to Friday.... see details ›
On that date, THG completed the closing of the sale of Commonwealth to The Goldman Sachs Group, Inc. (“Goldman Sachs”). Effective September 1, 2006, Commonwealth changed its name from Allmerica Financial Life Insurance and Start Printed Page 20666Annuity Company to Commonwealth Annuity and Life Insurance Company.... see more ›
In September 2017 the Commonwealth Bank (CBA), announced the sale of its CommInsure life insurance business in Australia to the AIA Group. The sale completion occurred on 1 April 2021, when CBA transferred the CommInsure life insurance business to AIA Australia.... continue reading ›
Moreover, banks that have higher fee income can cover more of their operating expenses through the sale of insurance products and leverage their distribution and processing capabilities. Globally, bancassurance has emerged as an important channel for distribution of insurance products.... view details ›
Alternatively, you can call the Translating and Interpreting Service (TIS National) on 131 450, let them know your preferred language, and ask them to contact CommInsure on 13 24 23.... view details ›
The policy even provides cover for loss or damage that results from a flood, though it doesn't cover against a storm surge (rising sea water).... read more ›
On 1 April 2021 the transfer of CommInsure's life insurance business in Australia to AIA Australia (AIAA), including The Colonial Mutual Life Assurance Society Ltd (CMLA), took effect.... see details ›
Colonial was acquired by Commonwealth Bank in 2000. The Colonial name lives on in the Colonial First State subsidiary of the Commonwealth Bank.... see details ›
- To make a claim online. Complete the online form. ...
- To make a claim by phone. Call 13 2423 as soon as possible with the full details of any loss, damage or anticipated or alleged liability. ...
- If your car insurance claim is an emergency. ...
- Online windscreen or window glass claims.
- The name, address, phone number and licence details of any drivers involved.
- The make, model and number plate of any vehicles involved.
- The contact details of anyone who witnessed the accident.
- Log on to NetBank and select your Essential Super account > Insurance > Add, change or cancel your insurance,
- Email us: firstname.lastname@example.org.
- Call us on 13 4074, Monday to Friday, 8am to 7pm (Sydney time)
Colonial Mutual Life Assurance Society Limited is known as CommInsure. It is a subsidiary of the Commonwealth Bank of Australia. It provides a large range of life insurance products to its customers by offering affordable and flexible premiums.... view details ›
The Financial Services Council (FSC) is able to assist you in finding a 'lost' life insurance policy by providing the contact details for our members so you don't have to find them yourself. In the first instance you should contact the financial adviser who helped you with the policy.... continue reading ›
AIA is based in Hong Kong, and currently has a presence across 18 markets in the Asia-Pacific region. It was founded in Shanghai as American Asiatic Underwriters before relocating its business to New York City in 1939, where it became a subsidiary of American International Group (AIG).... see details ›
In conclusion, there are many advantages to buying a health insurance policy issued by a bank, with one of them being the lowered premiums. However, there are also some downsides to buying these policies, such as the lowered entry age and difficulty in renewing an existing policy.... view details ›
So plenty of opportunities are available in banking sector,Banking Sector is better than Insurance. Because most of jobs in Insurance sector are based on sales target. banking sector have better career as because in this sector you will get good salary package and many other facilities like traveling, house rent etc.... view details ›
This reflects the fact that on average, life insurance companies are more secure and conservative than banks, and are more likely to remain profitable and stable even through hard times.... see more ›
It should be enough to replace your home and belongings if they're damaged or destroyed. Remember, your home's sum insured amount is not the price you paid for the property, or what its market value is. It's your estimate of how much it would cost to rebuild.... read more ›
Home insurance will cover the cost to rebuild or repair your home (up to your sum insured) in the event of malicious damage, explosion, impact (e.g. a car hits or tree falls on your home), rainwater and wind damage, fire, theft, storm, or other natural disasters, and more (depending on defined events in your policy).... view details ›
Accidental damage is defined as sudden and unexpected damage to your property or contents by an outside force. For instance, spilling a drink and staining the carpet, or drilling through a pipe. Accidental damage cover is sometimes included in home insurance, but usually it's sold as an optional extra.... view details ›
Yes, but only if your homeowner insurance covers for wind damages. Wear and tear is also not typically covered by most insurers. So, if before the storm your fence was already old and unstable, you're not likely to have this covered. Otherwise, you may need to prove your fence was well-maintained.... see more ›
Unlike contents insurance where you are ensuring items that you could take with you if you moved house, buildings insurance covers the structure of the building and any permanent fixtures and fittings such fitted kitchens.... see more ›
Wood rot is typically not covered by homeowners insurance unless it is caused by a covered in peril in your policy. Homeowners insurance provides coverage against sudden and accidental water damage, so if a pipe bursts and causes wood rot to your floor or ceiling joists, your insurer may cover the cost of repairs.... continue reading ›
AIA Australia (AAIA) has completed its acquisition of The Colonial Mutual Life Assurance Society Ltd's (CMLA) insurance portfolio through a statutory Part 9 portfolio transfer on April 01, 2021.... view details ›
Colonial Mutual did indeed demutualise in 1996 and had a brief stock market listing before merging with Commonwealth Bank in June 2000. But since then, several bits of the business were sold off to various other companies.... see details ›
What happens after I start my claim? If the home insurance claim is for a larger amount, your insurer is likely to inspect further by sending an investigator (or loss adjuster) to your home. They will confirm the loss or damage you state in your claim and assess how much it would cost to replace or repair.... read more ›
Contact your insurer to tell them you want to make a home insurance claim. It may need details including your policy number, address, and full name. You may also need to give as much information as possible about what's happened. Take photos for evidence.... read more ›
An insurance assessor (or claims adjuster) will inspect the damage to your property. An engineers inspection may also be required to determine if there is any structural damage. The Scope of Work is the written report that sets out the repair/rebuild work to be performed.... view details ›
Do I need proof of purchase to make a claim on my contents insurance? Some insurance providers stipulate that, in order to make a claim on your contents insurance, you'll need to provide receipts for (or photographs of) any items that have been stolen or damaged. You'll find this information in your policy documents.... view details ›
Generally speaking, a home insurance claim can take anywhere from 48 hours to over a year to be settled, and it all depends on a number of factors. Firstly, the time taken to process your home insurance claim will depend on the type of damage being claimed for.... continue reading ›
Alternatively, you can call the Translating and Interpreting Service (TIS National) on 131 450, let them know your preferred language, and ask them to contact CommInsure on 13 24 23.... read more ›
AIA Australia completed the final part of its acquisition of the Colonial Mutual Life Assurance Society's (CMLA) insurance portfolio, including products under the CommInsure, Colonial and Commonwealth Financial Services brands, on 1 April.... read more ›