The Australian Securities & investments Commission (or ASIC) suggests that it is committed to working constructively and pragmatically with general and life insurers for assisting Australians in recovering from the shock of COVID-19 outbreak.
- ASIC also suggested that insurers should be flexible in dealing with consumers’ specific circumstances while adopting to deal with some problems such as customers unable to pay premiums due to reduced income or other issues.
- The organisation also expects insurers to act in utmost good faith and would communicate proactively, clearly and accurately with their customer regarding their insurance coverage and other things.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.