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Aon adds master trust options

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Aon Australia will introduce a new age-based, minimum level default death and disablement insurance cover to its master trust.

Aon Australia will introduce a new age-based, minimum level default death and disablement insurance cover to its master trust.

The cover applies to Aon's corporate super members, with death-only insurance cover for its personal super members.

The Aon Master Trust currently has $1.6 billion in assets, 60,000 members and more than 600 participating employers.

The trust is rated platinum by SuperRatings and 'outstanding' five star by the Heron Partnership.

The Aon Master Trust recently announced it had retained AIG Life as its group insurance partner for the next three years.