303,000 crimes in three years: Insurer scrambles at royal commission

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A life insurance company has admitted to 303,000 criminal breaches of the law through its use of a pushy cold call sales force that intentionally upset potential customers in the hope they would make “grudge purchases” of its products.

  • Sarah Danckert
  • Brisbane Times

The admissions by ASX-listed life insurance group Clearview came as the banking royal commission turned its gaze to the life insurance sector.

Row 2bThe royal commission heard on Monday that Clearview – a company born out of NRMA’s life insurance business and later owned by BUPA – made about 250,000 calls to BUPA customers between 2013 and…

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