UniSuper improves its insurance offer

TAL chief executive officer super fund

10 January 2014
| By Staff |
image
image
expand image

UniSuper has collaborated with its new life insurer TAL Life Limited (TAL) to develop a new tool that lets members apply for insurance online and over the phone.

This would allow members to make insurance cover changes in real time, the super fund said.

"Members expect to be able to do more online with businesses and universities moving into the digital age," UniSuper Chief Executive Officer Kevin O'Sullivan said.

He said that, as far as possible, there would be one contact during the claims process from start to finish.

The benefits of the insurance changes include electronic data and information exchange between UniSuper and TAL, shorter timeframes for cover changes, real time updates to improve tracking claims and improved process efficiency.

The new services began on 30 November 2013, when UniSuper started its collaboration with TAL.

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

Time to Go

I really can't see how getting rid of the safeguards with no other changes achieves anything at all. We're still the ea...

1 day 1 hour ago
Rob

Nowhere else in the world do innocent bystanders have to pay for the losses incurred to investors due to failed business...

1 day 4 hours ago
Time to Go

Yet everything states profitability is much higher in a larger practice. As a smaller planning practice it is a hard sl...

2 days 20 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 3 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months 1 week ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND