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

NZ's Financial Adviser News Centre

GR Logo
Get your tickets to the Mindful Money ethical investment awards CLICK HERE Dismiss
Last Article Uploaded: Monday, June 27th, 9:50PM

Insurance

rss
Latest Headlines

Asteron adds specific injury cover to legacy products

Asteron Life is making its new lump sum Specific Injury Support Benefit option available to more customers by adding the optional benefit to their legacy SmartLife products.

Monday, November 29th 2021, 1:01PM

The benefit provides eligible customers with more options when insuring themselves against the impact of accidental injury and has proven to be one of its most popular policy enhancements.

“The Specific Injury Support benefit is very popular with our customers, and we’ve had fantastic feedback from advisers following the release of the lump sum option this year,” says Asteron's new business executive manager Claire Sutton.

“We’re delighted to be making this option available to more customers, including passing it back to existing customers on some of our legacy products.”

In September, Asteron Life enhanced its existing Specific Injury benefit, adding eight new types of injuries that it covers. It also relaxed terms around fractures, allowing customers up to 30 days for confirmation of a fracture after an accident.

The new lump sum option provides claims payments ranging from 1 to 60 times the sum insured (with a maximum sum insured of $5,000).

“Our Specific Injury Support benefit covers 29 clearly defined injuries, and is a simple and low-cost option for advisers and customers to consider if they want cover for accidental injuries,” says Sutton.

“That aligns with the feedback we’ve had from advisers, which is that this benefit offers cover and functionality that other similar products in the market don’t provide.”

Tags: Asteron Life insurance

« Covid vaccination status a watching brief for NZ insurersFidelity Life drops the jargon, boosts adviser support »

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

OnePath and Cigna pinged by FMA
OnePath Life (NZ) and Cigna Life Insurance have agreed to pay the Financial Markets Authority $180,000 after admitting breaches of the fair dealing provisions of the Financial Markets Conduct Act 2013 (FMCA).

Partners first life company to cloud platform
Partners Life completes first stage of the company's claims transformation journey.

Celebrating Earth Day
Insurer takes early step on sustainability journey.

Fidelity Life launches new-look claims content
Fidelity rolls out education material to help explain insurance.

News Bites
Latest Comments
Subscribe Now

Cover Notes - Specific news aimed at risk advisers

Previous 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