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The major aggregator has announced the appointment of Lifebroker to its life insurance referral program.
In a statement, the ASX-listed group said that the new arrangement will make it easier for brokers to offer life insurance referrals to clients, providing them with a range of options from Lifebroker’s life insurance products.
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“I’m delighted to announce that we have chosen Lifebroker, a TAL Group company, for our new life insurance referral service,” AFG general manager broker & residential Mark Hewitt said.
“This new arrangement strengthens our 10-year relationship with TAL, and I’m pleased that we have been able to evolve our life insurance offering to better meet the needs of our broker’s clients.”
Lifebroker offers specialist life insurance comparison services, featuring eight of Australia’s life insurance. Mr Hewitt said that the products are fully underwritten and equal to those accessed through a financial.
“This is a great value-add to the services our brokers provide to their clients,” the GM said.
The service for life insurance referrals will give clients access to the price and product comparison services provided by Lifebroker across the following types of insurance: life insurance, income protection, total and permanent disability insurance, trauma insurance, business expense insurance and life insurance through superannuation.
“We look forward to working with AFG to give their clients more choice and control over their insurance options,” Lifebroker CEO Alex Homer said.
“Lifebroker’s goal is to help Australians make better informed decisions when it comes to life insurance and income protection cover, and this partnership will play a key role in enabling us to do this.”
[Related: How financial planning can add another string to your bow]
