POWERED BY MOMENTUM MEDIA
CommInsure expands product offerings
CommInsure is introducing a broader set of definitions under which customers can claim for total disability and is also launching a new income protection platinum product as part of an agenda to expand its product offerings.
CommInsure has introduced a domestic duties category to its total and permanent disablement cover, and updated the medical definitions across its trauma and income protection products.
Commenting on the changes, CommInsure head of life product and strategy, Frank Crapis, said: “Customers should focus on their recovery without having to worry about how it will affect their claim”.
“Income protection platinum provides great flexibility for customers both to claim and to help make their return to work as seamless as possible,” he said.
Crapis said the income protection platinum opened on 17 September and had been independently assessed.
Recommended for you
The insurance company has joined this year’s awards as a principal partner.
The $135 billion fund has transitioned away from TAL Life Insurance following an “extensive tender process”.
The $80 billion fund is facing legal action over allegedly signing up new members to income protection insurance by default without active member consent.
In a Senate submission, the Financial Services Council has once again called for further clarification that the government will assess the consumer outcomes of group insurance against the enshrined objective of superannuation.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.24 3 y p.a(%)
4
Pengana High Conviction Equities B
40.36 3 y p.a(%)
5
Pengana High Conviction Equities A
40.34 3 y p.a(%)
