ING Life and Zurich have been jointly given Cannex’s “outstanding value” award in its latest life insurance report for their products and pricing.
The report says ING has stayed ahead of its competitors through a combination of “strong products and pricing”.
“Although ING Life does not feature in the top two for each category – term life, trauma, total and permanent disability (TPD), packaged life insurance and income protection – it was a hair’s breadth away everywhere, and it was this absolute consistency across the board that got it to the line when the points were added up,” the report stated.
“ING Life also featured prominently in income protection broken up by occupation.”
Cannex noted Zurich has become a serious contender in life insurance by strengthening key features of its products and adjusting prices.
“This gave it the edge needed to equal ING Life,” the report said.
“Strong performances in term life, TPD and packaged life insurance, as well as income protection by occupation, gave Zurich equal standing with ING Life.”
Cannex sought 600,000 quotes for its survey across three life stages, 15 occupations, two premium types and both genders.
In the term life category Cannex awarded five stars to both Tower Life and Zurich, the latter also being awarded five stars for its TPD and packaged life products.
CommInsure won five stars for its trauma and income protection products while Asteron was give five stars for its trauma product.
AXA, Macquarie Life and AIA won five stars for their TPD, packaged life and income protection products respectively.
Meanwhile, Allianz, Real Insurance and Zurich have been awarded five stars by Cannex in its direct life insurance report.
05 Sep
Posted by Allison Thomas as Corporate Finance
“Now we must create new innovation and value for our consumers to open up their wallets and to generate a new momentum which leads to fresh technology and experiences,” he said in a press conference in Germany.
“This indicates that we have become the creator, not the follower, which is what we were in the past.”
Samsung plans to sell up to 1,000 light-emitting diodes, or LED TVs this year to secure the No. 1 posit
Australia boasts a superb economy and is one of the most thriving, prosperous countries to reside and live enjoyably in for both nationals and foreigners alike.
The country also boasts vibrant, cosmopolitan cities with historical and cultural attractions that reflect the variety of its population. Australian city suburbs are famous for their great cusine and night life, art or fashion and many for their outdoor lifestyles.
Adelaide, of all the main cities in Australia, appears to be the most rapidly rising and has 12 named suburbs as having the most affordable real estate.
01 Sep
Posted by Allison Thomas as Corporate Finance
Gartner also forecast computer chip revenue of US$314 billion in 2011, a 4.6 percent increase over this year.
31 Aug
Posted by Allison Thomas as Corporate Finance
What are you buying when you purchase health insurance, and how do you know if you are getting a good deal? The answers to these questions depend on your understanding a few basic health insurance concepts. Don’t worry, these are easy to grasp and well worth the time when you start shopping for the best, low cost health insurance. The point of this article is to help guide you through these basics so that you better understand what you are getting when you buy a health insurance plan.
One of the first things to understand is that when you purchase health insurance, just as with any kind of insurance, you are purchasing a sort of contract that guarantees you a specific set of benefits. I