Our team has released a new version of the QPR database this week which includes the following updates, and reviews:
Updates:
- Accuros new policy document effective 1 September 2022 loaded and rated (detailed information can be found here)
- Resolution Life Financial Strength Rating updated to A (more details here)
Reviews:
- Criminal activity sub-item within Exclusions reweighted for all products
- Medical:
- Mental Health Support – new amounts scores reflect the maximum cover in each insurers policy document
- Accuro – update to entry, max, expiry ages
- Non-Pharmac – new amounts scores are based on a claims scenario of $100,000
- Inflation Adjusted Benefit – correction made to SA moderate trauma amount score only
- IP/MP:
- Back to Work renamed to Return to Work – full review can be found here
- Vocational & Rehab – increase to amount score for workability cover to reflect Asterons transition benefit
- Life/Trauma/TPD:
- Special Events Increase – addition of sub-item “net profits increase for business”
If you’re a QPR database subscriber and interested in a refresher or learning some handy tips and tricks, please do not hesitate to contact us via email [email protected] as we would be happy to run a session via Zoom for your team!
