AXA’s Elevate Income Protection Insurance Premier Plan has been introduced to provide a total comprehensive solution with upgraded definitions of Total disability and Partial disability. The new product will replace the old AXA Income Protection Insurance Professional Plan. This is now closed for new business. The product is also available to a larger occupations listing including:
- Medical Practitioners and Medical specialist
- White collar occupations
- And even manual occupations . But please seek one of advisers clarification to see if you can benefit from the new range by calling the above number or completing an AXA online form.
AXA Income Protection Insurance definition now competitive with the rest of the market.
A new total disability definition has been added to the Income Insurance Premier Plan. This definition brings AXA Income Protection Insurance products really up to speed with other leading Australian Life Insurers . It will give clients the ability to be assessed more fairly at claim time. The three income protection duties are:
- duties based,
- hours or
- income basis.
Upgraded partial disability definition
AXA’s Income Protection Insurance – partial disability definition has been improved which will allow clients who are able to return to work in a limited capacity and will be able to claim without needing to be totally disabled during the waiting period. This is great news for AXA Income protection policy holders.