{"id":69541,"date":"2024-01-23T07:41:19","date_gmt":"2024-01-22T21:41:19","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=69541"},"modified":"2024-01-23T10:30:53","modified_gmt":"2024-01-23T00:30:53","slug":"new-default-insurance-provider-for-amp-super-fund-members","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2024\/01\/23\/new-default-insurance-provider-for-amp-super-fund-members\/","title":{"rendered":"New Default Insurance Provider for AMP Super Fund Members"},"content":{"rendered":"

TAL has been appointed as the new default and retail insurance provider for AMP Superannuation Fund members, including its flagship SignatureSuper offer.<\/p>\n

AMP says that its members\u2019 best financial interests \u201c\u2026were at the centre of AMP\u2019s move to appoint TAL, with the decision following an extensive tender process.\u201d<\/p>\n

It says TAL was selected from a group of Australia\u2019s leading life insurers and \u201c\u2026will deliver members with greater retirement benefit protection, security and insurance cover of the highest quality and value for their retirement.\u201d<\/p>\n

\"Jenny<\/a>
Jenny Oliver …TAL is committed to enhancing the experience of super fund members<\/figcaption><\/figure>\n

AMP notes that its members will receive more personalised insurance services, including access to TAL\u2019s health and wellbeing program promoting preventative education, rewards, return to work rehab services, early intervention, and mental health support.<\/p>\n

\u201cImportantly, members will also have access to TAL\u2019s digital solutions and claims support services, which are designed to simplify and speed up the claims experience. The member-first and digitally-enabled experience through TAL will ensure leading claims decision times and a holistic protection proposition that is designed to give members more confidence with their claims,\u201d AMP says.<\/p>\n

…in TAL\u2019s last financial year, a total of $3.5 billion in claims was paid out…<\/p><\/blockquote>\n

The statement from AMP says that in TAL\u2019s last financial year, a total of $3.5 billion in claims was paid out to more than 45,000 customers and their families.<\/p>\n

AMP\u2019s superannuation members will be transitioned to TAL in Q2 2024.<\/p>\n

\"\"<\/a>
David Clark …insurance is vitally important to our members<\/figcaption><\/figure>\n

TAL Chief Executive \u2013 Group Life & Retirement, Jenny Oliver<\/strong>, says TAL is delighted to extend its\u00a0 partnership with AMP to now provide group life insurance for AMP Superannuation Fund members.<\/p>\n

Noting that life insurance plays a special role in the community, she says TAL is committed to \u201c\u2026enhancing the experience of super fund members and helping them understand the value insurance provides at every stage of life.\u201d<\/p>\n

AMP General Manager \u2013 Master Trust, David Clark,<\/strong> says insurance \u201c\u2026is vitally important to our members and working with our Trustee we\u2019ve conducted a comprehensive tender process to find the best insurance offer…”<\/p>\n

He adds that members will benefit from the new partnership by way of “…insurance pricing reductions along with the introduction of digital capability that will empower them with access to online quote calculators, underwriting, and claims lodgement and tracking.”<\/p>\n","protected":false},"excerpt":{"rendered":"

TAL has been appointed as the new default and retail insurance provider for AMP Superannuation Fund members, including its flagship SignatureSuper offer. AMP says that its members\u2019 best financial interests \u201c\u2026were at the centre of AMP\u2019s move to appoint TAL, with the decision following an extensive tender process.\u201d It says TAL was selected from a […]<\/p>\n","protected":false},"author":24,"featured_media":69545,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[249,48],"tags":[],"class_list":{"0":"post-69541","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-appointments","8":"category-company-news"},"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/69541","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\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=69541"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/69541\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/69545"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=69541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=69541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=69541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}