ASIC takes TAL to Court for Alleged Breach
The Australian Securities and Investments Commission (ASIC) has commenced legal action against insurer, This Australian Life (TAL) with allegations that the Insurer has breached legislation. The action stems from TAL’s declinature of a customer’s claim for income protection in 2014 following the customer’s diagnosis of cervical cancer. It is alleged that TAL advised the customer that her claim was accepted