TAL has been named Life Company of the Year for 2020 by Plan for Life/AFA.

This the fourth year in a row and also the seventh time in the last 10 years that TAL has won the top award. This year the runners up were AIA Australia, MLC Life Insurance and NEOS Life.

TAL Life Insurance

Awards were also given for the best policies in each product category:

Product AwardInsurance Policy
Best Term Life/TPDTAL Accelerated Protection Life Insurance Plan
Best Trauma/Critical IllnessMLC Insurance Critical Illness Plus Plan
Best Income ProtectionMLC Insurance Income Protection Platinum Plan

Plan for Life provided the benchmarking research behind the insurance company awards.

The Beddoes Institute also conducted research with financial advisers to determine the team-based awards:

Team AwardInsurance Company
Underwriting Team of the YearNEOS
Claims Team of the YearOnePath
Business Support Team of the YearNEOS

AFA National President, Michael Novak paid tribute to TAL

AFA National President, Michael Novak paid tribute to TAL and “all the winners and finalists in other categories who have truly stepped up in an extraordinarily difficult environment.”

Insurance Watch provides a comprehensive summary of major industry awards, claims performance and customer ratings for Australia’s top life insurance companies.

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