freedom

Life/Risk

Freedom Insurance Group has announced a belated $33.4 million loss to the Australian Securities Exchange while confirming the exit of its chief executive and the involvem...

Life/Risk

Freedom Insurance in voluntary suspension

Freedom Insurance Group has entered a voluntary suspension on the Australian Securities Exchange, acknowledging it is not positioned to detail its financial position....

Life/Risk

Freedom Insurance hits life sales, liquidity issues

Freedom Insurance Group has declared it will not be recommencing sales of life products as it deals with commissions-related liquidity issues and the reality of a client ...

Life/Risk

TAL faces RC scrutiny on direct life sales

TAL will today join ClearView and Freedom in being scrutinised by the Royal Commission on the failings of direct life/risk sales business....

Life/Risk

Freedom admits to dodgy policy retention practices

Freedom’s retention practices make it “unnecessarily difficult to cancel [insurance] policies” with just 28.5 per cent of customers trying to cancel funeral insurance cov...

Life/Risk

Insurer hit with 72 attempted cancellations daily

Freedom received 72 cancellation calls a day from customers for its funeral insurance policy over a 13-month period, with 13 per cent of those calls coming during the fir...

Life/Risk

Freedom ends sales practice right before RC appearance

Freedom ended dubious sales practices for four insurance products just days before appearing before the Royal Commission, then failed to disclose this information to the ...