NGS Super wins 2019 Best Fund Insurance at Chant West Awards23 May 2019 2 min read
NGS Super is delighted to announce that it has, for the second consecutive year, taken out the Best Fund Insurance Award at last night’s Chant West Awards, from a group of 10 finalists.
NGS Super’s insurance offering, through TAL Life Limited (TAL) has been recognised for the overall quality of its insurance products which takes into account the policy conditions, the benefit design and importantly the member experience – achieving the best member outcomes.
The defining advantage is the Fund’s purpose-built default cover that varies with the needs of its members across all ages. The intuitive design means default cover changes over time, starting low – costing just cents per week – for members in their 20s and increases into their mid-30s, then gradually decreases. Another key differentiator is the improvement to the teleclaims experience making it even easier for members to lodge their claims.
This design provides significant amounts of death and terminal illness cover for members in their 40s with moderate TPD cover coupled to a meaningful level of default 5 year Income Protection cover.
NGS Super CEO, Laura Wright says that this award marks the Fund’s third in this category over the last five years.
“We’re honoured to again be recognised as the super fund that delivers the best insurance, particularly against such a strong field. Our back-to-back win is a testament to the fact that we are offering insurance to our members that is considered the best in its class and importantly demonstrates the hard work and dedication of our staff in delivering added value to our members beyond the offering.”