Axa has formulated its 2006 group insurance offer based on the results of an independent study into its marketing position.
Changes include unlimited maximum sum for death insurance and a maximum total and permanent disability (TPD) sum of $2.5 million. It has also raised the expiry ages for death and TPD to 80 to address the aging population. Axa national group insurance solutions manager Stephen Rosengren said the offer was priced competitively and business relationships were built by excellent service levels.