Financial services firm Axa Australia has boosted its Elevate insurance product.
Key initiatives recently implemented included the introduction of an income insurance premier plan that provided more comprehensive cover for clients, Axa head of individual life insurance Stephen Rosengren said.
"This means that cover, which was previously available to professional and white-collar workers, has now been extended to include skilled blue-collar occupations such as qualified tradespeople," Rosnegren said.
Another upgrade is the extension of the Superlink option to include non-superannuation structures.
"Superlink allows split ownership to occur and has been available for superannuation purposes," Rosengren said.
"It has now been extended to non-superannuation scenarios and is ideal for business insurance where the life insurance is owned by a business and trauma insurance is owned by the insured or defined relative for tax reasons."
