{"id":9853,"date":"2011-03-31T09:34:56","date_gmt":"2011-03-30T22:34:56","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=9853"},"modified":"2021-01-13T06:35:15","modified_gmt":"2021-01-12T20:35:15","slug":"asgard-upgrades-insurance-offer","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2011\/03\/31\/asgard-upgrades-insurance-offer\/","title":{"rendered":"Asgard Upgrades Insurance Offer"},"content":{"rendered":"<p>Asgard has announced an upgrade to its life insurance offer &#8211; Asgard Personal Protection Package (APPP).\u00a0 The upgrade includes new online tools, and product enhancements including the introduction of a new Mortgage Acceptance Cover feature.<\/p>\n<p><!--more-->Head of Product, <strong>Kelly Power<\/strong>, said Asgard&#8217;s partnership with AIA Australia offers advisers a comprehensive and competitive insurance product.<\/p>\n<p>&#8220;The enhanced Asgard Personal Protection Package (APPP) means a better product and more efficient process for advisers when it comes to the crucial element of life insurance in their client&#8217;s financial plan,&#8221; she said.<\/p>\n<p>Ms Power added she was particularly excited about the new Mortgage Acceptance Cover feature, which covers the borrower by offering life and\/or TPD cover of up to $500,000 for clients who apply within 30 days of receiving their home loan approval.<\/p>\n<p>&#8220;This means eligible clients will be able to get all the features and benefits of the Life and\/or TPD insurance cover quickly and simply, with no underwriting, no premium loading &#8211; no matter which financial institution is the loan provider.&#8221;<\/p>\n<p>In addition to the new feature, Asgard has enhanced the terms and conditions for insurance within super with a range of features and benefits including:<\/p>\n<ul>\n<li>New takeover terms of up to $2m Life and TPD cover and $20,000 monthly benefit for Income Protection and Salary Continuance, regardless of when the insurance policy was last underwritten<\/li>\n<li>New short form limit for Life and TPD that has increased to $1.25m with a $10,000 monthly benefit for Income Protection and Salary Continuance<\/li>\n<li>Increased maximum cover limit to $60,000 monthly benefit for Income Protection and Salary Continuance, which is available to any occupation rating and with no loadings for the higher limit.<\/li>\n<\/ul>\n<p>The enhancements are supported by what the company describes as a more efficient online application process.<\/p>\n<p>&#8220;Advisers will have access to an instant quote tool that generates a range of insurance options and premiums, as well as improved tracking tools including immediate notification when the client&#8217;s application has been approved or referred for underwriting,&#8221; Ms Power said.<\/p>\n<p>&#8220;These enhancements, coupled with an improved process for service delivery times, means Asgard can better support advisers with an improved product offering that meets their client&#8217;s risk needs and a process that frees up adviser&#8217;s time,&#8221; she added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asgard has announced an upgrade to its life insurance offer &#8211; Asgard Personal Protection Package (APPP).\u00a0 The upgrade includes new online tools, and product enhancements including the introduction of a new Mortgage Acceptance Cover feature.<\/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-9853","post","type-post","status-publish","format-standard","category-products"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/9853","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=9853"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/9853\/revisions"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=9853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=9853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=9853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}