Manulife Singapore has introduced Manulife Pro, its first-ever comprehensive premier recognition programme, which provides the top-performing financial consultants from Manulife (Singapore) and Manulife Financial Advisers with differentiated and dedicated resources and tools.
Bajaj Allianz Life has launched the country's first term insurance product designed for Type 2 diabetics and pre-diabetic individuals. The plan is targeted at a segment that ends up being underinsured as they are denied cover at standard rates for health reasons.
Zurich Financial Services Australia (Zurich) has launched Zurich Evolve, a new offering to protect the health and well-being of customers "at every stage of their lives".
Great Eastern Life Malaysia (GELM) launched Great Multi-Gen Wealth, a wealth accumulation plan at its head office recently.
FWD Group Holdings (FWD) is expanding its financial literacy programme, JA SparktheDream, to span seven markets in Asia as part of its 10th anniversary year community initiatives. Developed in partnership with Junior Achievement Asia Pacific (JA), the programme integrates financial, social and life skills education for students to help boost financial literacy in the region.
AIA Hong Kong has announced that it will soon launch "AIA Assemble", a first-in-market, customisable critical illness plan that sets a new industry standard by enabling customers to tailor their critical illness protection and sum assured and thus enjoy higher levels of flexibility and freedom.
ICICI Prudential Life Insurance has launched a new debt fund. Called ICICI Pru Constant Maturity Fund, it is available with the insurer's Unit-linked insurance plans (Ulips). The fund carries a lock-in of five years.
HSBC Life, the insurance arm of HSBC, has invested US$20 million to upgrade its technology and introduce a range of new medical insurance services for clients, with sales to mainland Chinese clients back to pre-pandemic levels, according to a senior executive.
Some Australians continue to be deterred from genetic testing due to life insurance concerns, and some who have tested positive for adult-onset conditions have faced difficulties accessing life insurance, a paper has claimed.
The rise in premium amount for life insurance is the biggest concern for consumers, and affordability has become a more pressing issue, according to a recent survey.
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