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Nick Bruining: The ‘loyalty tax’ rip-off in your life insurance and why you’re paying more than you should

Pelican Press

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Nick Bruining: The ‘loyalty tax’ rip-off in your life insurance and why you’re paying more than you should

West Australians with established life insurance policies could be paying a hefty “loyalty tax” on their cover, which could be a staggering 89 per cent more than what they might have otherwise been paying.

And while some customers might be limited in their ability to change insurers, others using a financial adviser should be asking some tough questions.



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#Nick #Bruining #loyalty #tax #ripoff #life #insurance #youre #paying

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