These new Fidelity Life underwriting enhancements and tools deliver simplicity for advisers and certainty for customers and are a direct response to the adviser feedback and reflect the importance of providing certainty to Kiwi’s- especially in uncertain times.
Fidelity Life Head of Underwriting Monique Ravening says “This package of enhancements, coupled with the higher non-medical limits announced as part of our new reinsurance treaty with GenRe in July, demonstrate our unwavering commitment to put our customers first.
“Life insurance is about providing certainty and delivering on our long term promise to customers at claim time. With rising living costs placing increasing pressure on families and businesses, protecting what’s most important is key. These enhancements aim to make protection more accessible to New Zealanders, as well as maintaining our competitiveness in the market.”
These highlights are:
Enhancement highlights: Increased financial limits for Life and Total Permanent Disability (TPD) covers
Increased financial limits of Trauma cover
Increased maximum benefit for IP Indemnity cover
New tools and resources are now available to help advisers understand and apply the new enhancements. These include:
Ravening says, “We choose advisers as our main channel because they produce better long term outcomes for our customers. That’s why we’re focused on making things easier for our adviser partners, so together we can help more New Zealanders get protected.”
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