ING has made its retail insurance offer OneCare Super available on its OneAnswer Personal Super product, heeding calls from advisers for a “more holistic insurance offer”.
OneCare Super provides OneAnswer Personal Super clients with access to a comprehensive range of retail insurance cover and payment options, including total and permanent disability (TPD) and income protection.
The upgrade “responds directly to adviser feedback about insurance accessibility, flexibility options and tax-effective payment options”, head of products personal investments George Lytas said.
It provides a “streamlined super and insurance product solution and a range of remuneration structures to suit their business needs”, he said.
It also gives “clients the tax effectiveness of paying for insurance via super as well as cash flow flexibility, as premiums can be funded via an accumulated super balance”.
