Broker launches e-petition to scrap tax on PMI

The petition, set up by Trevor Hunter a broker at Halcyon Healthcare, currently has 60 signatures. Hunter set up the petition, which will be submitted to parliament, earlier this month because he said prices had risen too much and were becoming unaffordable. He also said a reduction in critical illness or medical insurance premiums would benefit advisers. Reasons for the rises include the cost and complexity of treatment. Hunter explained that he felt the premiums charged to private clients were unfair because they were almost 50% more expensive than those charged to corporate c...