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ClearView unveils changes to life products

ClearView Wealth today unveiled changes to its life insurance products range, including extending the age for total permanent disablement cover to 70.

The insurer is also allowing clients on the top level of income protection cover to be paid 70% of pre-disability income until their cover expires. Previously this was capped at 60% from age 60. The change means clients are entitled to the benefit through to age 65.

MD Simon Swanson says the changes to the ClearChoice life insurance product range are aimed to strengthen the company’s life offerings.

“We have taken our time to listen to adviser feedback and watch how the market has reacted over the past 12 months to the huge changes in product design across the income protection space,” Mr Swanson said.

“The updates to ClearChoice ensure our life insurance products remain adaptive, flexible and built on what advisers have told us their clients really need.

“With the life insurance industry looking ahead to an exciting new future of simplified regulation, positive structural reform and stable commission rates, ClearView is well positioned to partner with advisers as they build efficient and nimble businesses.”