David Stuart

Call for royal commission into practices at CommInsure

THE Federal Opposition has said the Government must consider a royal commission into what it has labelled the "disgraceful" practices of the Commonwealth Bank's insurance arm, CommInsure.

Last night a joint Four Corners-Fairfax investigation aired the stories of sick and dying CommInsure policy holders, including Evan Pashalis, 37.

Mr Pashalis, who was diagnosed with leukaemia and given 12 months to live, is one of four million CommInsure policy holders.

His super fund CARE subcontracted his life insurance policy to CommInsure, which repeatedly rejected his payout claim.

"They figured, well, there might be a slight chance he survives, so why pay him?" Mr Pashalis said.

ABC


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