Southern Cross offers its Life & Living Insurance in partnership with Chubb. The new offering is designed to provide greater value and enhanced protection for customers.
It is available to members and non-members and has more than 10,000 policyholders. Southern Cross members get a 10% discount when taking out Life & Living.
Southern Cross Chief Sales and Marketing Officer Regan Savage, said the new offering replaces the previous life insurance offering. It brings improved features and a new digital buying journey for customers.
“This is a significant milestone in our partnership with Chubb Life and provides added benefits and better experiences to new Southern Cross Life Insurance customers.”
Interestingly Southern Cross Life & Living has won the Most Trusted life insurance brand in the Reader’s Digest Most Trusted Brands awards.
Key features of Southern Cross Life & Living Insurance include:
- Life insurance including terminal illness protection up to $1.5 million
- Bereavement support benefit up to $25,000
- Reimbursement of up to $2,500 towards costs for financial planning or legal advice about using money received from a claim
- Ability to increase your cover when you experience certain life events, such as having a baby, without the need for a health assessment.
- Any future enhancements to the product may be automatically applied to your policy.
In addition:
- A 10% lifetime reward for those who meet the criteria
- A 10% discount for Southern Cross Health Society members
- Access to client benefits.
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