The media has recently been reporting on an insurance scandal involving CommInsure. The particulars of the case are complex and were aired recently on Four Corners if you’d like to look up the specifics. Importantly, the case highlights the value of quality advice in relation to your insurance needs. The case in question involved what is known as a Group Insurance policy. Effectively, it is the default cover that is provided to a member of an industry superannuation fund. For example, many of my clients come to me with various superannuation funds Sunsuper, Australian Super etc which include some level of insurance cover. More often the not, the advice I provide involves obtaining a new, fully underwritten retail policy to replace or compliment the default group cover already in place. The reason being, there is a massive difference between advised insurance products and direct insurance products offered on a group basis through industry funds. For those o