MLC and ING have both increased their maximum income protection cover limits to $60,000 per month.
Category: Products
Macquarie Launches ‘Severity-Based’ Insurance Product
Macquarie Life has opened the door to a new insurance product for the Australian market with the launch of Macquarie Life Active.
Macquarie Product Enhancements & Major Launch News
Macquarie Life has released an update to its FutureWise and Super Protector products , and is also set to launch a major new product initiative to advisers later this month.
MLC Income Protection Initiative
MLC has raised the bar on maximum cover levels for high income earners, increasing its maximum income protection sum insured to $60,000 per month.
AMP ‘New Look’ Risk Offer
AMP will launch a major new insurance product and services package later this month, intended to improve both the adviser and the customer experience of AMP’s risk process.
TOWER News - Updates, Product Closure
TOWER Australia has released a series of product and underwriting initiatives in its recent Accelerated Protection PDS update, effective from 28 April 2010.
Enhancements to TOWER Accelerated Protection
TOWER Australia has released a series of enhancements to its flagship Accelerated Protection product range, to take effect from 28 April 2010.
AXA Launches Upgrade to Products, Services
AXA Australia has launched major changes to its financial protection products and associated services with effect from 19 April 2010.
Key initiatives include:
AIA Wins Perpetual Super Mandate
Perpetual Limited has appointed AIA Australia as the new underwriter for its Perpetual Select Super Plan, significantly increasing default cover for its members and introducing more flexibility in its cover options.
ING Raises TPD Cover to $5 Million
ING Australia has increased availability of Any and Own Occupation TPD cover for professionals to $5 million.








