Insurance

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Disability insurance needs to be “simpler and cheaper” for all Australians, with a focus on return to health and work, a taskforce has found.

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Without an overhaul, those who need cover may not be able to afford it in the future and life insurance companies selling individual disability income insurance policies will continue to suffer large losses, Actuaries Institute taskforce convener Ian Laughlin has said.

He explained that “this is neither in the interests of customers nor the community at large”.

The sector must offer products that provide more certain outcomes, are more easily understood by consumers and offer features and prices that better meet their needs, Mr Laughlin added.

The taskforce has released a report – the Disability Insurance Income Provisional Findings and Recommendations – that states disability insurance products have become more and more complex over time, meaning it is now difficult for customers to understand and be satisfied with claims outcomes.

It also said affordability and accessibility for those who do need cover is declining: “Increasingly, those with cover are finding the cost prohibitive, and the more healthy policyholders are then likely to not maintain cover.”

The taskforce considers individual disability income insurance policies as providing critical cover for those who may lose their income because of disability.

“About 850,000 policies are currently on issue, which is an indicator of the importance of the market,” the Actuaries Institute has noted.

According to institute president Hoa Bui, without the reform proposed by the taskforce, the lack of sustainability is “one of the most pressing issues for life insurers today”.

The recommendations come after the release of a KPMG paper originally commissioned by the Actuaries Institute that found life insurance companies had lost $3.4 billion over a five-year period by selling complex products to consumers.

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Disability insurance needs to be “simpler and cheaper” for all Australians, with a focus on return to health and work, a taskforce has found.

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Peace of mind is just one of the reasons a landlord should stay up to date with insurance, even as the COVID-19 crisis causes people to more closely scrutinise their finances.

Write comment (0 Comments) " ["fulltext"]=> string(3514) "

In a blog post for nestegg’s sister brand Smart Property Investment, EBM RentCover managing director Sharon Fox-Slater said a rental property is a major investment, so it should be financially protected.

“Owners who choose to forgo landlord insurance, or any kind of cover over the property, face a number of significant risks that could cost them dearly if the worse were to happen,” she said.

Remembering that landlord insurance premiums are “generally tax deductible”, here are five reasons she believes landlord insurance is a worthwhile investment for property owners:

1. Unforeseen weather events

“You never know when disaster may strike,” Ms Fox-Slater said.

With damage caused by storms, hail, floods cyclones and bushfires a common property insurance claim, the director said insurance will safeguard landlord investments, especially as Australia segues into the disaster season.

“Property owners shouldn’t run the risk of being financially exposed to substantial damage or total losses by being uninsured.”

2. Cover for a range of risks

According to Ms Fox-Slater, around half of the claims against landlord insurance policies concern tenant-related matters such as lost rent, damage and tenant theft, with landlord cover usually protecting investors.

She has advised that tenant-related losses are usually not provided for in standard home and contents or building policies, while “in many cases, the bond that has been collected will not be enough to cover the expenses if a tenant (their guests or pets) damages the rental property and fails to make good on their obligation to repair the damage, or steals contents from the premises”.

3. Legal liability

Another important feature of landlord insurance policies is legal liability cover.

“Landlords have a responsibility to provide a safe and liveable property for tenants and anyone else who visits the premises. This means they have to take care to avoid foreseeable harm to tenants or other visitors.”

Ms Fox-Slater explained that without insurance, the landlord has no cover for liability incidents that occur at the rental, and would face any legal or compensation bills on their own.

To provide some context and insight, the director flagged that “the highest personal injury claim in Australia for one person was an eye-watering $19 million – and half of that was legal costs”.

4. Condition of finance, mortgage or service

In some instances, a financial institution will require an investor obtain and maintain landlord insurance as a condition of the loan.

Many real estate agencies will also insist that cover be in place before they agree to enter into a management contract for the rental.

Ms Fox-Slater has warned that cancelling a policy could result in a landlord breaching their contractual obligations.

5. Insurers can cease offering cover at any time

In a COVID-19 impacted world, Ms Fox-Slater has cautioned owners against cancelling their policy, “as they may not be able to secure the same level of cover a second time”.

She said that at any time, insurers can change terms and conditions, inclusions and exclusions of policies.

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Peace of mind is just one of the reasons a landlord should stay up to date with insurance, even as the COVID-19 crisis causes people to more closely scrutinise their finances.

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A class action lawsuit has been filed in the Federal Court against three large financial institutions, which have been accused of breaching its best interests duty obligations.

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According to Shine Lawyers, half a million Australians were charged excessive insurance premiums in one of three cases they have filed.

The firm alleges that BT, CBA and AMP sold unsuspecting customers overpriced in-house life, income protection and TPD cover in practices exposed by the Hayne royal commission.

Class actions practice leader Craig Allsopp said they did this despite knowing there were equivalent or better policies with lower premiums available through other insurers.

“We argue all three financial services providers behaved in a way that was unfair and illegal,” Mr Allsopp said.

“The sheer number of people affected by these premium rorts shows we’re not just talking about a few bad apples here but a systemic misconduct in the industry.”

Mr Allsopp said class actions were the best way for customers to get their money back because “there is strength in numbers”.

The allegations against the financial institutions state the amount of money customers lost varies from a couple of hundred to several thousand dollars, meaning individual cases would not be feasible. 

As a result, the law firm is calling for customers to be compensated for the “excess premiums” they paid as a result of “unethical financial advice and conduct”.

In an update to shareholders, CBA acknowledged the class action, adding that CFPL and FWL will be “reviewing the claim”.

This is the latest of a number of class actions filed by Shine Lawyers against major institutions with financial advice subsidiaries, including AMP and Westpac. 

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A class action lawsuit has been filed in the Federal Court against three large financial institutions, which have been accused of breaching its best interests duty obligations.

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More than 650,000 super fund members are projected to lose their life insurance as a result of the government’s early release scheme, new research has found.

Write comment (0 Comments) " ["fulltext"]=> string(2655) "

Research house DEXX&R’s Market Projections Report projected total group insurance premiums for the year to fall by $226 million by December 2020, as Australians continue to withdraw funds from their super accounts.

The group said around 660,000 fund members were predicted to lose their insurance cover as a result of their account balance falling below the threshold for premiums to continue to be deducted.

“It will be several years before many of these members again have a balance at a level where they are eligible to receive default insurance cover,” DEXX&R said.

As a result, growth in the group insurance market was expected to be flat for the foreseeable future, with lump sum in-force premiums growing by just 1.8 per cent per year until 2029. New annual premiums were projected to fall by 11 per cent per year to $284 million by December 2029, down from $860 million in December 2019.

“The lower projected lower growth rates for both new and in-force group premiums reflect the impact of the COVID-19 super early release scheme, higher unemployment leading to a reduction in the number of active accounts eligible for automatic cover on an opt-out basis, and slower growth in account balances as the result of underemployment with little or no growth in wages and salaries over the next five years,” DEXX&R stated.

Moreover, the assumptions in the group’s modelling included the legislated increases in the super guarantee, which the government flagged this week may not go ahead.

The report stated that if the SG was not increased, growth in the group insurance market would be “further reduced”.

Meanwhile, the group said the impact of the crisis on the retail risk market would be “minimal”, with “a small impact” arising from clients taking out benefit suspensions while their working hours were impacted by lockdown periods, and further lapses expected to flow through as unemployment rose in the years following the crisis.

“Existing pre-COVID issues faced by insurers are expected to have a greater impact on subdued growth in new and in-force [retail] premiums over the next five years. These issues include a fall in number of advisers actively recommending risk products,” the report stated.

DEXX&R projected in-force term life and TPD premiums in the retail channel to grow by 1.5 per cent per year to December 2029, while trauma in-force premiums were expected to grow by 1.5 per cent per year and disability income in-force premiums would grow by 2.6 per cent per year.

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Learn the best strategies in investing and options like cryptocurrency, bonds, mutual funds, property and stock market." ["secure"]=> int(0) ["page_description"]=> string(7) "nestegg" ["page_rights"]=> NULL ["robots"]=> NULL ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2020-08-20 02:26:02" ["slug"]=> string(58) "15613:over-650-000-members-lose-insurance-from-early-super" ["parent_slug"]=> string(16) "284:invest-money" ["catslug"]=> string(13) "311:insurance" ["event"]=> object(stdClass)#6209 (3) { ["afterDisplayTitle"]=> string(0) "" ["beforeDisplayContent"]=> string(0) "" ["afterDisplayContent"]=> string(0) "" } ["text"]=> string(383) "

More than 650,000 super fund members are projected to lose their life insurance as a result of the government’s early release scheme, new research has found.

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Did you know advised individuals are more likely to be successful when making an insurance claim? Here’s why. 

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Andrew Zbik, a senior financial planner with Creation Wealth, has conceded that insurance “is a complex thing”.

“Different insurance policies cover you for different events. The right combination of insurance complement each other to give you protection for several different scenarios, which may stop you from working,” he explained.

“A financial adviser ensures you have the right insurance in the first place, reviews your policies annually to ensure they are still right for you and is available for when you need help – especially when a claim needs to be made.”

According to the Australian Securities and Investments Commission (ASIC), advised individuals making death benefit claims have a 97 per cent success rate, compared with an 89 per cent success rate for unadvised people.

When it comes to TPD claims, advised clients have an 81 per cent success rate, while just 67 per cent of unadvised individuals have their claims approved.

“Broadly speaking, people who have obtained an insurance policy through a financial adviser or group super scheme (i.e. employer-sponsored fund or industry super fund) benefit from a higher percentage of successfully paid claims compared to people who try to go it alone,” Mr Zbik commented.

From the financial planner’s perspective, there’s a number of reasons as to why this is the case:

1. More total and permanent disability claims via advisers and group super

“When I speak with many clients, there is a very low awareness as to what total and permanent disability insurance is,” he conceded.

“Total and permanent disability insurance provides cover if you are totally and permanently disabled. It helps cover the costs of rehabilitation, debt repayments and the future cost of living.”

According to Mr Zbik, there is a lack of awareness among those who go it alone that this type of insurance even exists: “I think that is reflected in the very low number of claims (79) for those who went it alone versus the 18,998 who went via an adviser or group super scheme.”

2. More disability income/income protection claims via advisers and group super

“This type of insurance cover replaces the income lost through inability to work due to injury or sickness,” the financial planner noted.

With waiting periods and benefit periods varying wildly, how you set up your income protection will heavily influence how and when you can make a claim.

3. When in need, you have someone to call if you receive advice from an adviser or group super scheme

Drawing on his own experience, Mr Zbik commented that when one of his clients was diagnosed with cancer, they contacted him.

“I was able to do all the groundwork for investigating whether they were able to make a claim and then helped them through the claims process,” he revealed.

“It took 49 days from when my client informed me that they had cancer to when they received their benefit payout,” the financial planner concluded.

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Did you know advised individuals are more likely to be successful when making an insurance claim? Here’s why. 

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The corporate regulator has revealed a number of superannuation trustees that have been classifying new members as “smokers” by default – charging them higher life insurance as a result.

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The Australian Securities and Investments Commission (ASIC) has said it engaged with seven superannuation businesses – or nine trustees – between 2017 and 2020 that had been either at the time or historically assigning “smoker” status to members in products unless the member took active steps to opt out.

Those super funds were named as: AMO, Colonial First State, Equity Trustees, IOOF (inc OnePath), Intrust, Netwealth and Suncorp.

Since ASIC raised the issue, all businesses have stopped charging new members life insurance premiums at smoker rates by default.

According to the statement from the regulator, all seven businesses have moved, or are in the process of moving, existing members paying premiums at “smoker” rates onto non-smoker or blended rates.

Four businesses have also refunded, or agreed to refund, members for extra premiums paid.

Commenting on the issue, ASIC commissioner Danielle Press highlighted how “generally, insurance premiums for smokers are substantially higher than for non-smokers”.

“Given the low prevalence of smoking among Australian adults, classifying members as ‘smokers’ for insurance offered through superannuation unless the member takes active steps to confirm non-smoking status is contrary to community expectations.”

She added that “insurance in super is complex”, with many Australians not realising that default classifications can impact the price of their cover and therefore reduce their retirement benefits.

“In light of the low smoking rate, merely providing disclosure and putting the onus on members to act is not enough to support good member outcomes.”

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The corporate regulator has revealed a number of superannuation trustees that have been classifying new members as “smokers” by default – charging them higher life insurance as a result.

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string(19) "2020-07-08 05:42:04" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "0" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5975 (3) { ["data":protected]=> object(stdClass)#5978 (1) { ["relative"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#5977 (3) { ["data":protected]=> object(stdClass)#5980 (10) { ["hint"]=> string(0) "" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(1) "2" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(3) "url" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "3" ["label"]=> string(18) "Second article URL" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(16) "Related Articles" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [9]=> object(stdClass)#6226 (32) { ["id"]=> string(1) "9" ["title"]=> string(17) "Third article URL" ["name"]=> string(17) "third-article-url" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-07-08 05:42:42" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "0" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5979 (3) { ["data":protected]=> object(stdClass)#5982 (1) { ["relative"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#5981 (3) { ["data":protected]=> object(stdClass)#5984 (10) { ["hint"]=> string(0) "" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(1) "2" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(3) "url" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "3" ["label"]=> string(17) "Third article URL" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(16) "Related Articles" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [4]=> object(stdClass)#6223 (32) { ["id"]=> string(1) "4" ["title"]=> string(9) "Video URL" ["name"]=> string(9) "video-url" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-06-19 05:54:21" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "1" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5983 (3) { ["data":protected]=> object(stdClass)#5986 (2) { ["filter"]=> string(0) "" ["maxlength"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#5985 (3) { ["data":protected]=> object(stdClass)#5988 (10) { ["hint"]=> string(0) "" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(1) "2" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(4) "text" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "2" ["label"]=> string(9) "Video URL" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(22) "Summary points + video" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [6]=> object(stdClass)#6224 (32) { ["id"]=> string(1) "6" ["title"]=> string(33) "Image Caption / Video description" ["name"]=> string(31) "image-caption-video-description" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-06-25 16:29:55" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "2" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5987 (3) { ["data":protected]=> object(stdClass)#5990 (2) { ["filter"]=> string(0) "" ["maxlength"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#5989 (3) { ["data":protected]=> object(stdClass)#5992 (10) { ["hint"]=> string(0) "" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(0) "" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(4) "text" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "2" ["label"]=> string(33) "Image Caption / Video description" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(22) "Summary points + video" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [3]=> object(stdClass)#6219 (32) { ["id"]=> string(1) "3" ["title"]=> string(6) "Status" ["name"]=> string(6) "status" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-06-20 01:45:26" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "3" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5991 (3) { ["data":protected]=> object(stdClass)#5997 (1) { ["options"]=> object(stdClass)#5995 (2) { ["options0"]=> object(stdClass)#5994 (2) { ["name"]=> string(8) "Inactive" ["value"]=> string(1) "0" } ["options1"]=> object(stdClass)#5996 (2) { ["name"]=> string(6) "Active" ["value"]=> string(1) "1" } } } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#5993 (3) { ["data":protected]=> object(stdClass)#5999 (10) { ["hint"]=> string(0) "" ["class"]=> string(9) "btn-group" ["label_class"]=> string(0) "" ["show_on"]=> string(0) "" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(5) "radio" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "2" ["label"]=> string(6) "Status" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(22) "Summary points + video" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [5]=> object(stdClass)#6222 (32) { ["id"]=> string(1) "5" ["title"]=> string(22) " Essential information" ["name"]=> string(21) "essential-information" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-06-25 06:10:20" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "4" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5998 (3) { ["data":protected]=> object(stdClass)#6001 (4) { ["buttons"]=> string(0) "" ["width"]=> string(0) "" ["height"]=> string(0) "" ["filter"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#6000 (3) { ["data":protected]=> object(stdClass)#6003 (10) { ["hint"]=> string(0) "" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(0) "" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(6) "editor" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "2" ["label"]=> string(22) " Essential information" ["description"]=> string(35) "3 points that summarize the article" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(22) "Summary points + video" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [2]=> object(stdClass)#6232 (32) { ["id"]=> string(1) "2" ["title"]=> string(14) "Embedded Video" ["name"]=> string(14) "embedded-video" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-06-20 01:43:32" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "5" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#6002 (3) { ["data":protected]=> object(stdClass)#6005 (4) { ["buttons"]=> string(0) "" ["width"]=> string(0) "" ["height"]=> string(0) "" ["filter"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#6004 (3) { ["data":protected]=> object(stdClass)#6007 (10) { ["hint"]=> string(29) "Paste your embedded code here" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(1) "2" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(6) "editor" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "2" ["label"]=> string(14) "Embedded Video" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(22) "Summary points + video" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } } ["link"]=> string(66) "/invest-money/insurance/smoker-status-the-default-for-7-superfunds" ["image"]=> string(44) "images/article-826x550/cigarette-tray-ne.jpg" ["image_alt"]=> string(49) "‘Smoker’ status the default for 7 super funds" } }