AIA enhances Priority Protection

financial-planning/TPD/insurance/AIA/

27 January 2016
| By Staff |
image
image
expand image

AIA Australia today announced a number of enhancements to its top-selling Priority Protection product.

The company has also announced a range of discounts associated with the product.

It said that clients could now access a 12.5 per cent discount for lump sum policies purchased with AIA Vitality, up from 7.5 per cent and, in addition, a discount of 12.5 per cent had also been introduced on eligible lump sum benefits when lump sum cover and income protection are purchased together.

It said that, additionally, product enhancements were made to AIA Australia's Total Permanent Disability (TPD) Maximiser and IP products.

AIA Australia chief retail insurance officer, Pina Sciarrone, said new Priority Protection enhancements were part of AIA Australia's regular review process to ensure their product range reflected the changing needs of Australian life insurance customers and their advisers.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 4 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 6 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 4 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND