CANSTAR has announced its annual top-value business insurance ratings, with Zurich taking out three of the four categories.
CANSTAR compared life insurance companies and rated the value they offer to businesses through product performance across 40 commonly-used star ratings profiles based on gender, business size and professional or manual occupations.
The CANSTAR five-star rating for outstanding value was awarded across the following product classes:
- Business Life Insurance: Zurich and OnePath
- Key Person Insurance: Zurich
- Business Partner Insurance: Zurich
- Business Expenses Insurance: AIA
“Twice overall winner Zurich has done it again but this time around Zurich shared the award for outstanding value business life insurance with OnePath, ANZ’s insurance arm,” said Stephen Mitchell, Head of Wealth Management at CANSTAR. “Zurich remains consistent in its pricing and features across all profiles we looked at.”
“AIA Australia also set a record by becoming a three-time winner of the outstanding product award for Business Expense Insurance. This recognition must be very heartening for an insurance company that has set its sights firmly on being the absolute best in this category,” he added.
