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DASH partners with MetLife to provide a simple, and straightforward insurance application solution

14 Jun 2024

From DASH Technology Group

Meray El-Khoury

DASH Technology Group (“DASH”) and MetLife Australia (“MetLife”) have partnered to create a new insurance solution that utilises technology to simplify how insurance is offered and applied for by Super Simplifier^[1] customers. The solution leverages the cutting-edge DASH platform to streamline the insurance process for advisers.

The insurance solution utilises DASH’s investment platform to provide advisers with immediate access to quote, apply, view, and alter client insurance details, powered by the MetLife online application system.

Super Simplifier offers customers three life insurance options via MetLife:

Life and Terminal Illness cover
Total and Permanent Disablement (TPD) cover, and
Income Protection (IP) cover.

The MetLife insurance offer is designed specifically for members of Super Simplifier to include features such as:

Up to 75% replacement ratio plus up to 10% superannuation contributions for IP cover^[2];
TPD payments do not offset IP payments; and
Access to MetLife’s health and wellbeing offering, 360Health.

DASH Head of Distribution, Tim Rogers, says, “This insurance product is a simple, advised solution that is aimed at addressing the under-insurance problem amongst Australians.

“Many advisers have left the personal insurance advice space in more recent years due to growing complexity, but with this solution now in the market, they can deliver much needed personal insurance advice to everyday Australians who need it.”

Meray El-Khoury, Chief Insurance Officer, MetLife Australia, says, “We offer fit for purpose insurance products that are easy to access and deliver value, by leveraging digital solutions to help our customers build a more confident future. Working with DASH means we are able to make it quick and easy for advisers to secure insurance for their clients.”

———-

Notes:
[1] Super Simplifier issued by Equity Trustees Superannuation Limited (ETSL) ABN 50 055 641 757 AFSL 229757, is a personal superannuation account enabling you to build your preferred investment strategy in consultation with your authorised Financial Adviser.
[2] Subject to the minimum and maximum monthly benefit amounts.

Tags:Meray El-Khoury Tim Rogers

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