tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Measuring adviser wellbeing       TAKE PART IN THE SURVEY Dismiss
Last Article Uploaded: Thursday, September 23rd, 10:13PM

Insurance

rss
Latest Headlines

Cigna reveals OnePath changes

Cigna has released its second round of changes to its OnePath Life product range.

Tuesday, June 25th 2019, 7:49PM

Simon Tohill

“The latest enhancements are driven by our focus to ensure customers have the right cover to meet their changing needs – both now and in the future,” said Simon Tohill, Cigna New Zealand head of strategy, product and integration.

To ensure more customers can access these benefits, Cigna has increased some of the maximum entry ages across the product range. These include:

  •         increasing the maximum entry age to 60 for occupation classes one and two on Assurance Extra Income Cover, Mortgage Repayment Cover and Premium Cover
  •         increasing the maximum entry age to 70 for Assurance Extra Trauma Cover
  •         increasing the maximum entry age to 65 for Trauma cover available under Business Assurance and Agribusiness Extra.

Cigna has also made changes to its medical guidelines, removing the requirement for build medical and bloods, by increasing its BMI tolerance to 37 before additional medical information is requested.

Tohill said: "We know this will help to save customers time and effort, while also making their insurance experience easier and faster.” 

The latest changes are driven by industry feedback and continue Cigna’s work to build on the enhancements delivered in April. These saw changes to the OnePath Assurance Extra Mortgage Repayment Cover, amendments to its application forms and refreshments to client benefits.

“We are working on delivering further changes later this year which we are confident will deliver great customer outcomes, and I look forward to sharing more about what’s coming with you soon,” Tohill said.

All changes were effective from June 22. Policy wordings, brochure, collateral and quote software are available on the OnePath Adviser Hub.

Tags: Cigna OnePath

« Fidelity support for nib products continuesInsurers want public education »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
Insurance Briefs

FMA licensing workshops popular with Fidelity Life advisers
A series of online licensing support workshops jointly hosted by Fidelity Life and the Financial Markets Authority have attracted almost 200 adviser registrations.

Check your cover and win a prize - ICNZ
This week is Money Week and the Insurance Council of New Zealand (ICNZ) is encouraging New Zealanders to make one day their ‘Insurance Day’ to ensure their insurance meets their needs.

Tower hits the water with boat insurance offering
Tower Insurance has announced it will now be offering boat insurance policies online. 

$10k scholarship for insurance professionals opens
Submissions are now open for a scholarship designed to support the professional growth and development of insurance industry practitioners in New Zealand.

News Bites
Latest Comments
Subscribe Now

Cover Notes - Specific news aimed at risk advisers

Previous News

MORE NEWS»

Most Commented On
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox  |  Disclaimer
 
Site by Web Developer and eyelovedesign.com
x