{"id":59309,"date":"2022-02-01T12:28:02","date_gmt":"2022-02-01T01:28:02","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=59309"},"modified":"2025-03-14T12:02:27","modified_gmt":"2025-03-14T01:02:27","slug":"latest-poll-choosing-the-best-ip-solution","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2022\/02\/01\/latest-poll-choosing-the-best-ip-solution\/","title":{"rendered":"Latest Poll &#8211; Choosing the Best IP Solution"},"content":{"rendered":"<div class=\"header row\">\n<div class=\"intro\">\n<h3>Wading through how to determine the best IP product solution for clients since APRA&#8217;s IP intervention garnered the most interest from advisers this week &#8211; although we take the point that perhaps a better poll question may have been that if all the new IP products were the same, which of the other factors would be most influential in your decision to recommend\u2026<\/h3>\n<\/div>\n<\/div>\n<div id=\"polls-270\" class=\"wp-polls\">\n\t\t<div class=\"pollHeader\"><strong>Which is usually the most critical factor for you when it comes to selecting the best income protection insurance product solution for your client:<\/strong><\/div><div id=\"polls-270-ans\" class=\"wp-polls-ans\"><ul class=\"wp-polls-ul\">\n\t\t<li>Product features\/definitions <small>(61%)<\/small><div class=\"pollbar\" style=\"width: 61%\" title=\"Product features\/definitions (61% | 95 Votes)\"><\/div><\/li>\n\t\t<li>Premium stability <small>(19%)<\/small><div class=\"pollbar\" style=\"width: 19%\" title=\"Premium stability (19% | 29 Votes)\"><\/div><\/li>\n\t\t<li>Competitive premiums <small>(13%)<\/small><div class=\"pollbar\" style=\"width: 13%\" title=\"Competitive premiums (13% | 20 Votes)\"><\/div><\/li>\n\t\t<li>Claims acceptance rate <small>(5%)<\/small><div class=\"pollbar\" style=\"width: 5%\" title=\"Claims acceptance rate (5% | 8 Votes)\"><\/div><\/li>\n\t\t<li>Not sure <small>(1%)<\/small><div class=\"pollbar\" style=\"width: 1%\" title=\"Not sure (1% | 2 Votes)\"><\/div><\/li>\n\t\t<li>Other factors <small>(1%)<\/small><div class=\"pollbar\" style=\"width: 1%\" title=\"Other factors (1% | 1 Votes)\"><\/div><\/li>\n\t\t<\/ul><div style=\"text-align: center\"><\/div><\/div>\n\t\t<input type=\"hidden\" id=\"poll_270_nonce\" name=\"wp-polls-nonce\" value=\"82a2096274\" \/>\n<\/div>\n\n<p>As 2022 awakens, we&#8217;re interested to hear from you about how you&#8217;re settling in with the new era of income protection insurance products launched into the market last October, following APRA&#8217;s IP intervention (see: <a href=\"https:\/\/riskinfo.com.au\/news\/2021\/09\/28\/apras-ip-intervention-new-product-releases\/\" target=\"_blank\" rel=\"noopener\">APRA&#8217;s IP Intervention &#8211; New Product Releases<\/a>).<\/p>\n<p>Specifically, we&#8217;re keen to know what&#8217;s most important for you when it comes to establishing which of the new era IP product offers will deliver the best solution for your clients.<\/p>\n<p>We appreciate the best solution will be determined by each client&#8217;s individual circumstances and that this solution will vary accordingly. But while acknowledging the best solution will vary across clients, are you finding that there&#8217;s one factor above all others that your turning to first &#8211; a box that must usually be ticked at the start before you look at other factors?<\/p>\n<p>This question was asked in a slightly different way in Investment Trend&#8217;s 2021 Adviser Risk Report, in which key definitions (such as Total Disability, Partial Disability and Pre-Disability Income) took precedence for risk advisers over other factors such as competitive premiums, guaranteed terms and replacement ratios. Does this reflect your own experience so far?<\/p>\n<p>As usual, there&#8217;s more we could say, but it&#8217;s time to hand the conversation to you, as we welcome your take on what is still early days for the new era of IP products in the Australian market. Tell us what you think and we&#8217;ll report back next week&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wading through how to determine the best IP product solution for clients since APRA&#8217;s IP intervention garnered the most interest from advisers this week &#8211; although we take the point that perhaps a better poll question may have been that if all the new IP products were the same, which of the other factors would [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":59315,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49,8271,4,8291,5121],"tags":[],"class_list":["post-59309","post","type-post","status-publish","format-standard","has-post-thumbnail","category-polls","category-pricing","category-products","category-story-of-the-week","category-sustainability"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/59309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=59309"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/59309\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/59315"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=59309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=59309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=59309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}