Bendigo Bank to offer a bank branded life insurance from AIA

        Life insurer AIA has developed a direct life insurance product that will be distributed by Bendigo Bank. The product will be offered over the next 5 years through branches and online on the banks website. It will carry the Bendigo Bank brand. Bendigo’s previously partnered with The National Mutual Life Association of Australasia Ltd a member of the AMP Group.   Follow Us     Please note Quotesonline Insurance

Life Insurer AIA moving to new premises

  Life insurer AIA has leased 7000 square metres over three levels in the iconic 509 St Kilda Road in Melbourne. The lease will give naming rights to AIA, the building previous tenants were fellow life insurers MLC. AIA will relocate from their current HQ on Bourke Street in Docklands AIA were CANSTAR Winners – Outstanding Value Insurance Term Life 2013, CANSTAR Winner- Outstanding Value Insurance Trauma Cover, The

Life Insurer AIA Identifies Top Health Concerns

 Healthy Living Index Survey Life Insurer AIA has released  results of the Healthy Living Index Survey 2013 which is a first-of-its-kind study of more than 10,000 people across Asia Pacific. Damien Mu AIA Australia’s General Manager Life Insurance explains that Australians identified the following health concerns Cancer (49%) Heart disease (29%) Obesity (29%) Alzheimer’s (27%) Depression (21%) The survey also noted the addition of internet addiction as a raising concern. Australian adults view having a better quality of life, better mental health and not getting sick

Life insurance how much do I need?

Australians are under-insured Research*  shows most Australian’s are under insured when it comes to protecting  themselves and their family in the event of a serious illness, injury and death. A number of insurers offer insurance needs calculators, here is a link to life insurer AIA‘s insurance-needs calculator and click here for Onepath‘s version. How will insurers calculate my needs? You will need to take into account your age, your health, your family history

AIA adds Priority Protection Income Protection Inurance To Adviser Platform

  Life insurer AIA has added their income protection insurance Priority Protection Income Protection to adviser platforms (PortfolioCare, WealthView and PowerWrap). AIA Australia’s General Manager – Life Insurance, Damien Mu, said the addition of Priority Protection to the new platforms would enable more advisers to purchase AIA Australia products through their preferred platform. “Platforms are a rapidly growing business channel for advisers because of their functionality”, Mr. Mu said. “As a dedicated partnering specialist, it is important AIA Australia continues to innovate in this area

Life Insurers Profit Drops by 25%

The latest Life Insurance performance statistics release by the Australian Prudential Regulation Authority (APRA) shows a decline in profit despite an increase in revenue. For the twelve months to 30 September 2013  the industry net profit after tax was $2.2 billion, a decrease of 26.5 per cent from the previous year’s profit of $3.1 billion.The September 2013 quarter profit was $441 million compared with the June 2013 quarter profit of $391 million(representing a 12.8 per cent increase) and

Life Insurer AIA reports a profit growth

Life Insurer AIA reported a profit growth of 34% with new premium increasing to $1,649 million. AIA recently announced changes to its Priority Protection product suite Under the new enhancements, AIA Australia has introduced TPD eligibility for those working part-time hours, that is, at least 15 hours per week. In line with this, AIA Australia has increased eligibility for IP by reducing the number of part time hours needed to be worked, down

AIA offer Income Protection for workers up to the age of 70

Australian Life Insurer AIA  have raised the age it will offer income protection insurance to Australian workers to the age of 70. AIA has also changed its Total Permanent Disability (TPD) and Income Protection (IP) benefits to include eligibility for part-time and casual workers, or those engaged only in home duties. AIA say the changes reflect trends in the working habits of Australians.  

AIA Onepath and AMP Blue Ribbon Award best life insurance products

Financial Review Smart Investor Blue Ribbon Award have released there best life insurance products of the year, they are  AIA Income protection, Onepath Life Cover, AMP Trauma Cover Optimum.   Insurance Quotes Click Here Please note Quotesonline Insurance News is an information service provided by third parties Insure 247 Australia doesn’t warrants the accuracy of any information contained there

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