Macquarie Life’s product offerings have received an overhaul, which the insurer says will provide more flexibility and greater coverage.

Extending the total and permanent disability maximum sum insured to $5 million, and a new option for monthly cover of up to $40,000 per month were some of the changes to Macquarie’s FutureWise and Super Protector lines.

Macquarie Life Head Justin Delaney says the updated lines should accommodate a greater set of client circumstances than previously allowed.

“Not all clients fit into the pigeonhole the industry creates for them, and that’s something we really need to address,” he said.