New features now available for your TAL alteration quotes

Increase sums insured and add standalone cover, available now on the TAL Adviser Centre. General -

 

This year, we’re continuing to invest in our technology to improve how we work together online and make it easier for you to support your inforce clients.

Our first 2025 release has just launched on the TAC, adding new features to TAL alteration quotes so you can now increase sums insured and add standalone cover.

With premium calculations presented in real-time and a user-friendly interface, TAC alteration quotes mean it’s faster and easier to help your clients explore their options and address affordability concerns if things change.

The tool is helping to create more efficient advice businesses too, so you can focus on what matters most: supporting your clients. Since we launched downgrade alteration quotes last year:

  • The tool has been used over 10,000 times1
  • Average turnaround time for simple quotes has reduced by 50%.2

 

Log in to TAC to get started

What's new in this release

  • Increase sum insured

  • Add standalone cover

Updated resources

 

Real-time alteration quotes: features summary

  • NEW Increase sum insured (limitations apply to linked/Superlinked benefits – refer to the Tech Guide).

  • NEW Add standalone cover to an existing policy (excluding rider benefits (linked or attached), Superlinked benefit and Child Critical Illness).

     

  • Decrease sum insured
  • Reverse/decline indexation
  • Change payment frequency
  • Change waiting and benefit periods
  • Change smoker status
  • Change Income Protection benefit from Agreed Value to Indemnity
  • Decrease sum insured on options such as the Retirement Protection Option and Disability Plus Option
  • Cancel whole benefits or remove benefit options.

 

I like that you can see the premium updates in real-time so that you can play around with different sums insured/ options without having to download or save the quote.

Financial Adviser

 

Help us prioritise our technology investments

As we continue to enhance our technology this year, we’d love to know what you think. Visit the Tech Hub to share your feedback about TAC alteration quotes and let us know what else would help make it easier for you to do business every day.

The Tech Hub is also home to details about new and upcoming TAC enhancements and resources to help you get the most from all your digital interactions with us.

If you have any questions or need support with TAC, please contact the team on 1300 537 705 or reach out to your BDM.

 

Launch the Tech Hub

 

 

1. Based on usage of the real -time alteration quote tool from July 2024-December 2024.

2. Based on usage of the real -time alteration quote tool from July 2024-November 2024.

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