Cigna New Zealand has released a second round of changes to its OnePath Life product range.
“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,” says Cigna New Zealand Head of Strategy, Product and Integration, Simon Tohill.
To ensure more customers can access these benefits, Cigna has increased some of the maximum entry ages across the product range, which include:
- Increasing the maximum entry age to 60 for occupation classes 1 and 2 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 37.0 before additional medical information is requested.
“We know this will help to save customers time and effort, while also making their insurance experience easier and faster,” said Tohill.
Cigna stated the latest changes are driven by industry feedback and continue the insurer’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 (see: Cigna Releases OnePath Product Enhancements…).
Tohill said they are working on delivering further changes later this year.
All changes were effective from 22 June. Policy wordings, brochure, collateral and quote software are available on the OnePath Adviser Hub.