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MLC introduces new features to insurance offerings
MLC has improved its MLC Insurance (Super) and MLC Insurance products with a number of developments that the company says deliver on its promise to provide regular, ongoing upgrades to customers.
New and existing MLC customers can take advantage of tax efficiencies through MLC's income protection platinum inside super, as well as utilise new options that provide increased protection in the event of a TPD claim.
MLC also now offers type 1 diabetes cover and a new benefit period 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," said MLC's executive general manager Duncan West.
Recent updates to MLC's Riskfirst and Illustrator technology are designed to cut down on turnaround times for new MLC Insurance business and have resulted in a 70 per cent reduction, West said.
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