UniSuper improves its insurance offer

TAL/chief-executive-officer/super-fund/

10 January 2014
| By Staff |
image
image
expand image

UniSuper has collaborated with its new life insurer TAL Life Limited (TAL) to develop a new tool that lets members apply for insurance online and over the phone.

This would allow members to make insurance cover changes in real time, the super fund said.

"Members expect to be able to do more online with businesses and universities moving into the digital age," UniSuper Chief Executive Officer Kevin O'Sullivan said.

He said that, as far as possible, there would be one contact during the claims process from start to finish.

The benefits of the insurance changes include electronic data and information exchange between UniSuper and TAL, shorter timeframes for cover changes, real time updates to improve tracking claims and improved process efficiency.

The new services began on 30 November 2013, when UniSuper started its collaboration with TAL.

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 ago

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

2 months ago

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

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 1 day ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 1 day ago

TOP PERFORMING FUNDS