From:
Phillip Sweeney
To:
Joanna Bird
Cc:
Jane Eccleston; Committee, Economics (REPS)
Subject:
COVID-19 Super Funds - Life Insurance Claims
Date:
Wednesday, 22 July 2020 12:37:21 PM
Attachments:
1961-03-07-Deed-of-Variation ASIC Copy.pdf
1965-08-03-Deed-of-Variation ASIC Copy.pdf
1974-11-20-Deed-of-Variation ASIC Copy.pdf
1970-09-03-Deed-of-Variation ASIC Copy.pdf
1958-Consolidation-Deed-of-Variation ASIC Copy.pdf
ASIC & COVID-19 Media Interest 22 July 2020.pdf
Dear Joanna
The UK Financial Conduct Authority {FCA} is currently running a test case in the UK
related to whether insurers providing Business Interruption Insurance can escape COVID-
19 related claims.
QBE UK Ltd is one of the defendants.
This also raises the question as to whether superannuation fund trustees and their insurers
can also escape COVID-19 related claims for death benefits and TDP benefits and in some
cases income protection insurance.
I am currently pursuing this subject with the Standing Committee on Economics and I am
providing you with copies of relevant super fund deeds to place on file for future reference.
Yours Sincerely
Phillip Sweeney.

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