Axa has been awarded the best life insurance company and best risk manager of the year by the Australian Banking and Finance Magazine.
According to Axa financial protection general manager Michael Rogers the accolade recognises its individual insurance upgrade.
Axa was found to have listened to adviser and client feedback to create traditional and specialist insurance products to meet the individual needs of Australians.
"One good example of that is our new trauma reinstatement option which is designed to provide more flexibility and peace of mind for clients," Rogers said.
"This option means that 12 months after you've received a payment, you can reinstate up to 100 per cent of your previous trauma cover under a new plan.
"With reinstatement in place you can receive a full benefit payment in the future for any trauma event not related to or caused by the original trauma event," he said.
