TPD sector more customer focused

5 May 2016
| By Jassmyn |
image
image image
expand image

The total and permanent disability (TPD) industry is becoming more customer and member focused, AIA Australia believes.

The insurer welcomed Sunsuper's launch of TPD Assist which focuses on assisting members to return to work where possible through early intervention and vocational rehabilitation.

AIA chief executive, Damien Mu, said "our recent experience has shown that getting early intervention right and helping to get claimants back to work can transform their lives and that of their families for the better".

"Like our partner, Sunsuper, we believe this is the next generation of TPD and will appeal to a great deal of Australians when they are considering their insurance options," Mu said.

"Australia's life insurance sector is undergoing unprecedented change and the design of benefits like TPD Assist — with members' best interests at heart — will help set the way we approach claims by looking to be far more focused on how we help claimants at their time of need in a more relevant way and will set organisations apart into the future."

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 6 months ago
Kevin Gorman

Super director remuneration ...

1 year 6 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 6 months ago

The pace of economic growth in Australia is expected to “grind higher over coming quarters” off the back of lower inflation, falling interest rates, and a robust labour m...

1 hour ago

The superannuation sector has welcomed confirmation that a controversial US tax provision will be removed....

3 hours ago

A new analysis from environmental finance group Market Forces has reportedly discovered that AustralianSuper is on the brink of becoming the largest investor in Whitehave...

3 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3