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News - Australia: Life insurers need to win clients’ trust

Source: Asia Insurance Review | Aug 2010

Life insurers Down Under need to win the trust of Australians because most of them do not believe that the insurance companies will pay up at claim time, according to a survey by one of Australia’s largest life insurance brokers, Lifebroker. The broker found that 67% of respondents believed insurers would use loopholes to avoid payouts.

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