Insightful research on the future of insurance in super.
As part of Nippon Life Insurance Group, we’re able to draw on a vast global research capability and international best-practice examples.
Download our research insights to learn more about the key issues impacting your members, emerging trends, and how well-designed insurance cover can increase member engagement. Our research insights are one way we support super funds and their members.
-
The future of life insurance in super
Our research reveals Australians want their funds to get more personal.
Download this report to discover:
- why 80% of members would be interested in their fund asking more questions about their life circumstances to help provide the best insurance for their needs
- the key education gaps potentially preventing your members from getting covered for what they really need
- how increased member engagement leads to fund loyalty
- the challenges Your Future, Your Super legislation and stapling bring to ensuring certain groups continue to be protected.
-
The evolution of disability cover in insurance
The design of default disability cover in superannuation needs a re-think to ensure better health outcomes for members. Our research suggests Australians want change.
Report highlights show:
- in the event of a disability, nearly 50% of Australian workers have three months or less in savings, with almost a third of women having savings of just one month
- 57% of members prefer a steady stream of regular income versus a lump sum payment
- disability insurance centres on an assessment of permanent disability that fails to adapt to the evolving needs of members and labour force trends.
-
Contact us
The superannuation industry is rapidly evolving, shaped by new regulations, market shift, and changing member needs. MLC Life Insurance is leading the way in responding to these changes, actively advocating for the issues that matter most to our partners and their members.
Join us as we work together to shape the future of the industry and ensure the best outcomes for everyone involved.