I’ll be getting out of Cbus asap done with corruption with these bs artists what a joke Making themselves Rich everyday from the hardworking Australians
I know 2 people who have died in recent years...both men with life insurance ..both wives had huge issues getting claims through but I can't say it was with these guys...both men were under 50 yr old proffessionals...thus the sums would have been higher than average and that may have caused issue for whoever...too bad!! People pay insurance and super to care for their families
Super funds should "self insure". They don't need to give millions to insurance companies, who have shareholders, and who are very fickle in payouts. All they need is actuaries and publicly available data to do pay-outs. They would save millions from getting rid of these "middle-man rent takers". Alternately, a member should opt out of Super Insurance and trawl the industry for the best price premium in a competitive market.. Don't be lazy, spend one day of your life for a better outcome.
Does Cbus benefit from not paying insurance claims? Does it have the money to pay ... or has their cash holdings been redirected. They would also be making interest on your money so paying out would disadvantage their income.
She'd be drinking minimum a bottle of wine a night to be able to sleep well. If not alcohol then valium or similar. How is our super annuation run by for profit business????
this is worrying im with cbus for god sake...there should be a time limit on payments...so what and when is the out come of this discussion?...ill make note in my will if my kids are not paid with my cbus funds if i die before this stupid retirement age that keeps growing that most people will not live to see there supa so thats corrupt to start with" to seek senator andrew braggs and to remind him of this video
Looks very unclear to me, super funds say the advantage of super is insurance cover. TAL you and super trustees need to educate the super members. Appears to be a very unclear relationship.
Why is the insurance company paying Cbus for a low amount of claims. Obviously it’s an incentive for Cbus not to make claims. Are all super funds backed by insurance companies?
If I just keep saying a lot of words, he won’t be able to ask me as many questions
I’m with the cfmeu fighting cancer for two years through QBE tpd thank you cfmeu and QBE for all you’ve done 👍
I’ll be getting out of Cbus asap done with corruption with these bs artists what a joke
Making themselves Rich everyday from the hardworking Australians
Understood where he is going with this now, trying to link the CFMEU. What a grub.
I know 2 people who have died in recent years...both men with life insurance ..both wives had huge issues getting claims through but I can't say it was with these guys...both men were under 50 yr old proffessionals...thus the sums would have been higher than average and that may have caused issue for whoever...too bad!! People pay insurance and super to care for their families
Ask the CEO...or has he retired 😂
Lies and misdirection crimes against the peoples
The adjustment can go either way.
Super funds should "self insure". They don't need to give millions to insurance companies, who have shareholders, and who are very fickle in payouts. All they need is actuaries and publicly available data to do pay-outs. They would save millions from getting rid of these "middle-man rent takers". Alternately, a member should opt out of Super Insurance and trawl the industry for the best price premium in a competitive market.. Don't be lazy, spend one day of your life for a better outcome.
Does Cbus benefit from not paying insurance claims? Does it have the money to pay ... or has their cash holdings been redirected. They would also be making interest on your money so paying out would disadvantage their income.
She'd be drinking minimum a bottle of wine a night to be able to sleep well. If not alcohol then valium or similar. How is our super annuation run by for profit business????
Our whole world is run by for profit companies. It’s a core tenet of capitalism
No way, this is not a setup by malicious insurance companies.. Is it?
this is worrying im with cbus for god sake...there should be a time limit on payments...so what and when is the out come of this discussion?...ill make note in my will if my kids are not paid with my cbus funds if i die before this stupid retirement age that keeps growing that most people will not live to see there supa so thats corrupt to start with" to seek senator andrew braggs and to remind him of this video
Looks very unclear to me, super funds say the
advantage of super is insurance cover. TAL you and super trustees need to educate the super members. Appears to be a very unclear relationship.
I would get outta CBUS ASAP..... UNTRUSTWORTHY
Don't trust them😢😢😢
Why is the insurance company paying Cbus for a low amount of claims. Obviously it’s an incentive for Cbus not to make claims. Are all super funds backed by insurance companies?
Yep they won’t pay me my TPD n now took insurance out n gave me the balance so they are a fraudulent n bunch of scammers