May 3, 2019
Integrity Life has announced its retail advised product offer is now rated within IRESS’s risk research ratings service.
The new retail insurer has also declared the latest iteration of IRESS’s risk product rating software delivers a score of 100 for its Life, Critical Illness and TPD offers and a rating of 98 for Income Insurance across its non-super policies.
In a release by Integrity Life accompanying this announcement, Louie Dimovski, IRESS’s Head of Wealth Management Research Services, noted “Integrity Life have clearly stated their intention to provide consumers with flexible and relevant benefit insurance coverage designed to best fit a multitude of protection scenarios.”
Meanwhile, Integrity Life MD, Chris Powell, commented: “…Our focus has been on taking out the parts that complicate life insurance products and our IRESS ratings reflect the benefits of a simplified, fully featured product.”
Powell added: “…As a new entrant, we have the ability to be nimble and continually enhance and improve. We are excited to continue our work with financial advisers to provide Australians with a suite of products that help them when they need it most.”