Wednesday, February 20, 2019

Products

Life Insurers Rank Low in Customer Satisfaction Survey

The latest survey from independent not-for-profit, Consumer NZ, has found customer satisfaction with life insurance companies is low. Overall, 39 percent of Consumer NZ members...

Industry Needs to Deliver on Ensuring Product Suitability – Hutchinson 

Chatswood Consulting’s Russell Hutchinson says a conversation between regulators and industry is needed to determine what systems and controls are required to ensure suitability...

Asteron Life Offers New Level Premium Options

Asteron Life has released new level premium options for its SmartLife, Personal Insurance and Business Insurance life cover customers. In addition to the existing ‘level...

Partners Life Announces Major Launch Roadshow

Partners Life has announced its will be embarking on a roadshow in 2019. The roadshow will reveal what the insurer plans to offer Kiwis in...

Consumers Seek More Explanation on Fees and Products

Consumers want more explanation around fees and suitability of products from their financial advice providers, according to a recent survey by the Financial Markets...

Fidelity Life Waives Policy Fees – Update

Fidelity Life has released further details on its recently launched ‘Bye Bye Policy Fees’ campaign, which it announced last week (see: Fidelity Life to...

Partners Life Product Enhancements

Partners Life has announced a raft of enhancements that will mostly apply to its lump sum range of products. Taking effect from 5 December, the...

Sovereign to Operate Under AIA Brand

AIA has announced that the Sovereign brand will be phased out, following its acquisition of Sovereign in July 2018. The insurer confirmed the process of...

Partners Life Raises Medical Premiums

  Partners Life has announced a premium increase across its medical benefit range. The following benefit premiums will be increased for new policies issued from 31 December...

Asteron Life Releases Trauma Enhancements

Asteron Life has released a raft of new product enhancements across its Trauma Cover. Asteron Life Manager - Platforms and Product, Robyn Bartlett, says the...