ANZ’s life insurance cover, OneCare, is now allowing advisers and clients to spend more time focusing on wealth solutions and less time on administrative tasks.
ANZ said OneCare was now offering greater funding flexibility to allow split ownership of an income protection policy inside and outside of superannuation, improved client experience through a combined product disclosure statement and policy terms document, and new initiatives to streamline the cover’s underwriting processes.
The initiatives include a new electronic pre-assessment tool and enhancements to the application process that allows clients to complete their personal statement online or over the phone.
ANZ Wealth head of life insurance, Gerard Kerr, said: “These initiatives demonstrate our ongoing commitment to power our advisers in a rapidly evolving industry”.
“Alongside OneCare’s updates, ANZ is also enhancing its adviser proposition with a new business transformation program that provides in-depth training for advisers to develop their practice, navigate change and supercharge growth,” Kerr said.
Kerr noted that ANZ was also engaging with advisers though social media to help them grow their online profile and engage with clients using social content.
