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Metlife retains Statewide mandate
Metlife has secured a renewal of its insurance mandate with South Australia’s Statewide Super.
The Adelaide-based fund announced it had decided to continue its 18-year relationship with Metlife after conducting an extensive competitive tender process.
Under the new mandate, Metlife has agreed to deliver enhanced death, TPD and income protection insurance at no extra cost.
Commenting on renewal of the mandate, Statewide Super chief executive John O’Flaherty said it had been based on Metlife’s substantial improvement in product offering.
AUTHOR
Mike Taylor
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