Privately owned platform provider netwealth has struck a deal with major insurer TAL to add the TAL Accelerated Protection product to its LifeWRAP facility.
The LifeWRAP facility provides access to multiple insurance options and providers via the netwealth superannuation products and wrap services.
netwealth claimed the addition of TAL represented a major enhancement, allowing greater choice, strategy and design implementation options that would complement its existing arrangements with AIA Australia.
“As a result of the new feature, netwealth users will have a convenient centralised platform where they can service their clients’ investments and super needs, as well as their life insurance requirements,” netwealth executive director Matt Heine said.
