Millions of Australians have income protection insurance through their super. By aligning this scheme with the end of Jobkeeper, the insurance industry is piggy backing off the Government's program to avoid claims payouts and then pulling the rug once the support is gone.". We at CHOICE acknowledge the Gadigal people, the traditional custodians of this land on which we work, and pay our respects to the First Nations people of this country. June 2018. They’ve kept tabs on him ever since. Carey says the insurer is waiving the usual leave without pay waiting period for those who had been stood down from work. The industry's plan will see some people caught out.". Foxfooty.com.au understands Geelong, Brisbane, Essendon and the Western Bulldogs are interested in bringing in the former No. A NOTE ABOUT RELEVANT ADVERTISING: We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. Find out more about our policy and your choices, including how to opt-out. List manager Adrian Dodoro is on the hunt for at least one more big-bodied midfielder and potentially a replacement for Joe Daniher if he decides to exercise his rights as a restricted free agent. Some of the bigger insurers provide insurance for a number of super funds, but the level of cover they provide may vary from fund to fund. Funds and insurers have too much discretion to offer whatever insurance they see fit.". Some, depending on the individual policy. In doing so, it has acknowledged that total and permanent disability insurance (TPD) cover is inappropriate for unemployed people and people working limited hours. 22 draft pick. Xavier O’Halloran is Choice campaigns and policy team lead. O’Halloran attended St Bernard’s and also skippered the Western Jets in his draft year. A spokesperson for industry body, the Financial Services Council, told Super Consumers Australia that members unsure about how JobKeeper payments impact their income protection claim should contact their super fund or the life insurer behind their policy. CHOICE supports the First Nations people's Uluru Statement from the Heart. Jeremy Cameron and Zac Williams are both free agents and out of contract, while Jye Caldwell, Jeremy Finlayson, Harry Perryman, Jackson Hately, Aidan Corr and O’Halloran could all test the market at year’s end. "These payments were made by the government to keep people employed and protect the economy, not for insurers to profit by reducing the money they pay out on claims," says Super Consumers Australia Director Xavier O'Halloran. Xavier O'Halloran, director of Super Consumers Australia, says the issue highlights the variability of insurance offerings across super funds. Xavier O’Halloran, Midfielder. "For consumers, it's just the luck of the draw whether you get defaulted into a fund which offers good value insurance to its members. The Cats and Lions are the other two clubs to have expressed interest in O’Halloran. Insurers need to ask themselves if they're doing the right thing at this time by banking savings off the back of JobKeeper. Picture: Adam Trafford Source: Getty Images. The scheme is set to expire on September 27th, 2020, after that date people who have become unemployed for a period of time, or had hours reduced and become ill or injured will be assessed under the much harsher test. While insurers are within their rights to enforce these offsets for those receiving the JobKeeper payments, there has been debate over whether this is appropriate or whether they are profiting off the government safety net.