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 9 months ago
Kevin Gorman

Super director remuneration ...

1 year 9 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 9 months ago

One of Australia’s largest super funds has acquired an equity stake in the institutional investment advisory firm....

14 hours ago

ASIC is seeing an increase in misconduct exploiting superannuation, it stated in its latest annual report....

14 hours ago

The super sector has welcomed the government’s payday super legislation, calling it a landmark step for fairer retirement outcomes. ...

14 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND