Product Features

Flexibility
360Life provides a suite of benefits comparable with the best in the market, with more room to adapt to the point you are at on your life journey:

• Multiple Policy Owners and Insured Lives are accepted per policy;
• You may add or delete benefits on your policy, as you need it, without having to purchase a new policy;
• Most benefits allow various term options to be chosen;
• An extensive but simple range of premium and cover increase combinations, as well as premium guarantee periods, provide premium affordability and sustainability.

Simplicity
360Life has nothing to hide. The product is made up of benefit building blocks that allow you to take only what you need. Enjoy the peace of you get from knowing that you and your dependants and loved ones are being looked after.

Individual pricing
360Life prices accurately for risk, based on assessing your lifestyle holistically. Improvements in your health and income mean you may benefit from preferential premiums.

Improvement of risk profile after inception of your policy
In the event of your lifestyle risk profile (e.g. smoking status, obesity) improving after the commencement of your 360Life insurance policy, your premiums can be adjusted accordingly. Should your risk characteristics deteriorate after the commencement of your policy, no penalties will be applied.

Paying claims
Nedgroup Life gathers all the relevant data for 360Life upfront, through tele-underwriting by tele-interviewers. This ensures that accurate underwriting decisions are made, as we have a fuller understanding of you as an individual. It also means that claims are more likely to be paid, and less likely to be contested on the basis of medical and lifestyle reasons.

Dedicated service
360Life interacts with you using your communication medium of choice, including interaction via electronic means or our Specialised Client Services Contact Centre. There will be regular communication updates from Nedgroup Life throughout the life of your 360Life insurance policy.