Aon Financial Planning and Protection, the financial advice division of Aon Australia, has partnered with mortgage broker Smartline to improve risk advice for mortgage holders. Life risk advice, traditionally offered as a bolt-on service for mortgage holders, will, under the new partnership be integrated as part of a holistic mortgage advice offering for Smartline’s new and existing clients.
Aon Financial Planning and Protection Managing Director Pierre Kraft said: “This partnership will help more Australians access financial advice. Underinsurance is a growing problem in Australia and this is a great opportunity to embed in the minds of mortgage holders the importance of sound life risk advice.”
“Mortgagees have to protect their assets and this partnership gives Smartline clients access to a solution that not only covers their debt exposure but also helps them protect themselves and their families,” added Mr Kraft.
Smartline clients benefit from the strong cultural alignment between both companies, with emphasis on delivering client value through a focus on customer service and personalised advice solutions. Clients receive support from a client advocacy team that ensures their interests are at the forefront of all insurance decisions.
Smartline Managing Director Chris Acret commented: “We wanted to treat risk insurance more seriously and make it core to our business. Aon has been at the forefront of risk insurance for a long time and we are extremely impressed with the company’s level of professionalism, which is why we’ve chosen to partner with them.”
Mr Acret said Australia’s underinsurance problem meant there was a gap in the market for this sort of service: “Australians are well insured in terms of our car or home contents but not when it comes to the bigger things in life. For every home that’s lost through fire, there are four lost through death and 48 homes lost through disability.”
Arrange an Insurance Quote Here
Please note Quotesonline Insurance News is an information service provided by third parties Insure 247 Australia doesn’t warrants the accuracy of any information contained there in, readers should make their own enquiry’s before relying on information in the stories Terms of Service
