{"id":8508,"date":"2010-11-15T09:00:07","date_gmt":"2010-11-14T22:00:07","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=8508"},"modified":"2020-02-06T08:12:59","modified_gmt":"2020-02-05T21:12:59","slug":"asteron-releases-product-enhancements-new-pds","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2010\/11\/15\/asteron-releases-product-enhancements-new-pds\/","title":{"rendered":"Asteron Releases Product Enhancements, New PDS"},"content":{"rendered":"<p>Asteron has launched a new PDS for its Lifeguard range, the fifth in the Lifeguard series.<\/p>\n<p><!--more-->Incorporating a range of\u00a0improvements to its Income Protection, TPD and\u00a0Recovery products, key enhancements highlighted by Asteron\u00a0include:<\/p>\n<p><!--more--><\/p>\n<p><span style=\"text-decoration: underline\">Income Advantage, Income Protector and Income Shield<\/span><\/p>\n<ul type=\"disc\">\n<li>Waiting period conversion for employment changes<\/li>\n<li>Maximum monthly benefit increase &#8211; Indemnity and Agreed Value<\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline\">Income Protector and Income Shield<\/span><\/p>\n<ul type=\"disc\">\n<li>Improved Recurring Disability Benefit<\/li>\n<li>No Workers&#8217; Compensation Payment Offset for professional and clerical clients<\/li>\n<li>Improved method of calculating Pre-Disability Income<\/li>\n<li>More flexibility whilst overseas for professional and clerical clients<\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline\">TPD<\/span><\/p>\n<ul type=\"disc\">\n<li>The requirements for buying TPD Top Up have been relaxed<\/li>\n<li>Waiting period has been reduced from six to three months, with further concessions for specific medical conditions<\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline\">Recovery<\/span><\/p>\n<ul>\n<li>Heart attack definition clarified<\/li>\n<li>Cancer definition improved<\/li>\n<li>New medical condition introduced<\/li>\n<\/ul>\n<p>This product upgrade follows the\u00a0introduction on 1 November of a range of underwriting enhancements by Asteron,\u00a0including the elimination of mandatory Personal Medical Attendant&#8217;s Reports across its range of insurance products (see <a href=\"https:\/\/riskinfo.com.au\/news\/2010\/11\/01\/asteron-market-first-eliminating-pmars\/\" target=\"_self\" rel=\"noopener noreferrer\">Asteron Market First &#8211; Eliminating PMARs<\/a>).<\/p>\n<p>Advisers can <a href=\"https:\/\/riskinfo.com.au\/resource-centre\/product-disclosure-statements\/asteron-lifeguard-pds-151110\/\" target=\"_self\" rel=\"noopener noreferrer\">click here<\/a> to access a copy of the new Lifeguard PDS, which took effect from\u00a015 November 2010.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asteron has launched a new PDS for its Lifeguard range, the fifth in the Lifeguard series.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-8508","post","type-post","status-publish","format-standard","category-products"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/8508","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\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=8508"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/8508\/revisions"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=8508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=8508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=8508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}