Adviser News

5 Ways Our Quote Tool Works for Advisers

At Asteron Life, we work hard to help make life easier for you and your clients. While you may be aware that we have a quote tool—you may not know just how quick and easy it is to model a range of insurance solutions to suit your clients’ individual needs.

From setting up ownership and commission structures to stepped premiums and optional product features – our quote tool makes it easy to navigate a wide range of insurance options. Plus, the tool can streamline the advice process conveniently reducing time spent on paperwork.

Here’s how you can get more out of Asteron Life’s quote tool.
 

1) Flexible premium projections

Want to calculate premium projections over the long term? It’s easy with our quote tool. Simply key in your clients’ cover type and lifestyle to see premium projections for up to 30 years.

2) Mixed premiums are easy

Make light work out of comparing ‘Stepped’ premiums versus ‘Level’ premiums (or a combination of the two) with our easy-to-read graph. In an instant, you can see which combination of the two provides the best outcome for your clients.

3) Tailor your commission payments

We can tailor our commission payments to suit your needs. Select from three commission types including Customised (0%-77%*), Renewal (0%-22%) and Wholesale options. Simply select your preferred option and the tool automatically calculates the payment plus any applicable product discounts. For instance, it calculates the Wholesale option with a built in premium discount of 24.6%* as well as the additional 15% for new Asteron Life customers in the first year.

4) Display Split Income Protection (IP)

Use the quote tool to see how splitting income protection cover – inside and outside of super impacts premiums over time. It’s another way product flexibility and technology are working together to help you get the best insurance solution for your client.

5) Identify cost savings

The quote tool identifies discounts and savings for your client on the spot making it easier for you to discuss the cost of insurance and highlight any savings.

Our quote tool has been designed to support and help advisers get more value and opportunity from Asteron Life. Interested to learn more? Chat with your Asteron Life BDM on 1800 739 641.

*Based on Commission Structures for 2019, effective from 1 January 2019.

Asteron Life™ is committed to providing customers with long term financial security. We provide life insurance products including Income Protection Covers, Trauma Cover, Total & Permanent Disablement (TPD) Cover, Life Cover and Business Expenses Cover. To obtain a copy of our privacy statement, please contact us on 1800 221 727 or visit the following website www.asteronlife.com.au/privacy to view or download the policy.

Asteron supports and adheres to the Life Insurance Code of Practice (Code). The Code has been developed voluntarily by the Life Insurance industry through the Financial Services Council to promote high standards of service to consumers, provide a benchmark of consistency within the industry, and establish a framework for professional behaviour and responsibilities. Download the Code here. For more information contact the Financial Services Council on (02) 9299 3022 (local call cost), email info@fsc.org.au or visit www.fsc.org.au

© Asteron Life & Superannuation Ltd ABN 87 073 979 530 (Asteron). Registered Office, Level 16, 363 George Street, Sydney NSW 2000

Asteron Life & Superannuation Limited ABN 87 073 979 530, AFSL 229880 (Asteron) is part of the TAL Dai-ichi Life Australia Pty Limited ABN 97 150 070 483 group of companies (TAL). Suncorp Portfolio Services Limited ABN 61 063 427 958, AFSL 237905, RSE Licence No L0002059 (SPSL or Trustee) is part of the Suncorp group of companies (Suncorp). SPSL is a related body corporate of Suncorp Group Limited ABN 66 145 290 124 and Suncorp-Metway Limited ABN 66 010 831 722 (Suncorp Bank) (Suncorp). This product is not a bank deposit or other bank liability of the Suncorp Bank. The obligations of the different entities of TAL and Suncorp are not guaranteed by other entities