Research updates: what you need to know

QPR Database V15.3 has been released!

Our Research team have made some monstrously good updates to the QPR database recently. If you’ve noticed we’re running a bit slower than usual, please refresh your page and scroll down to ensure that you’re on our latest version – QPR V.15.3 | WEB V4.4.0.

Our latest updates include:

  • Chubb Life – policy document version updates effective 26 June 2023.

Some minor enhancements to Life, Life Income Cover and Income Covers as outlined below:

– Life Cover & Life Income Cover – Funeral Transfer Benefit: A life assured does not have to die overseas to qualify for repatriation to New Zealand or their home country anymore. Dying inside New Zealand now qualifies for repatriation.

– Income Cover (Agreed, Indemnity, Loss of Earnings) & Mortgage Repayment Cover: Removed the requirement for a life assured to complete a ‘Dependent Leave Without Pay’ Form when applying for the optional benefit.

Please note that no ratings have been affected by the minor enhancements above and all policy documents, brochures and our policy archives have been updated to reflect the new version of Assurance Extra.

Significant changes have been applied to Chubb Life’s Business product suite which includes the withdrawal of Agribusiness as a separate policy and is now an optional benefit within Assurance Extra Business.

We don’t have ratings for business products on Quotemonster yet but hope to have these live before the end of the year.

More information on Chubb Life’s business products and recent enhancements can be found here.

  • Pinnacle Life – Financial Strength Rating update to B+ (A.M Best).
  • Revised Trauma Incidence is now live – more information on our major review of trauma incidence can be found here. Please note our updated ‘Trauma Claims Data’ infographic is currently with our graphic designer and will be updated on Quotemonster in the next few weeks. Please feel free to email us if you would like to request a copy of the updated version. 

Other research changes include:   

  • Mortgage Protection: Offsets
  • Trauma: Cognitive Impairment

If you have any questions regarding these please feel free to email us on [email protected] 

Happy Crunching!

27.09.2022

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