CareSuper rolls out InsuranceOnline
CareSuper has launched an online underwriting process that the fund claims will make insurance applications "faster and easier for members".
Members will now be able to apply for death, total and permanent disablement and income protection insurance by logging on to the new InsuranceOnline system.
CareSuper chief executive Julie Lander said the online assessment would reduce the processing time for applications.
She added that there were further improvements to the CareSuper insurance in the coming months, including changes to the income protection offering and the introduction of 'exclusions'.
"Most of policies are 'accept or reject', so if you've got [an existing condition] such as a bad back, they'll just reject you. Having exclusions means that you can get cover, but your back problem might be excluded," Lander said.
CareSuper also recently unveiled the new Direct Investment option, which expands on the former ASX 200 option to include the stocks in the S&P/ASX 300.
"We're proud to offer an innovative investment option that gives members more flexibility and personal control when it comes to buying and selling," said Lander.
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