MLC enhances insurance offerings
MLC has announced a series of enhancements to their MLC Insurance and MLC Insurance (Super) products as part of a promise to deliver regular upgrades to new and existing customers.
Improvements include a 12-month life cover buy-back option, double benefits, type 1 diabetes cover, and income protection platinum inside super, as well as providing longer coverage for customers up to age 70.
"When we launched MLC Insurance in October 2011 we promised regular upgrades and faster turnaround times, and we are delivering on both of these promises," MLC executive general manager, Duncan West said.
MLC has also applied 35 updates to its Riskfirst and Illustrator technology, which has resulted in up to a 70 per cent reduction in turnaround times on new business, according to West.
"We continue to be fully committed to our guarantee of regular upgrades, the protection of existing policyholders and our strong focus on paying claims efficiently and with empathy," West said.
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