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'Appropriate': AMP defends charging dead people, TAL says spying standard

James Frost
James FrostFinancial services writer

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Life insurance companies that have been exposed for charging life insurance premiums to dead customers and hiring private investigators to spy on people have defended their actions by saying that's the way it's always been.

The strident defence of practices, revealed during the sixth round of hearings at the banking royal commission, include very limited admissions of bad behaviour from life insurers including AMP, Clearview, CommInsure and TAL.

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James Frost writes about banking, funds management and superannuation. Based in Melbourne, James has been reporting on specialist business and finance topics for 15 years. Connect with James on Twitter. Email James at james.frost@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/appropriate-amp-defends-charging-dead-people-tal-says-spying-standard-20181003-h166cq