Rate my experience

As a leading in-force specialist, Resolution Life is continually finding new ways to support our advisers and clients. To demonstrate our commitment, we’re providing product solutions as well as practical digital tools, to make it easier for you to service your clients and meet their wealth protection needs, now and into the future.

We are upgrading Elevate, our on-sale Insurance product, which offers a full suite of wealth protection covers. We do accept new applications for Elevate for existing Resolution Life customers.
 

Types of Insurances

Here’s how Elevate could make a real difference in your clients' lives:

•   A new Income Insurance Essentials Plan, offering a contemporary income protection solution for clients who are a Resolution Life customer and don’t have income protection in place or have income protection, but wanting a more affordable solution. 
•   A new Premium and Cover Pause Benefit for all cover types, that allows clients to suspend their cover and premium for up to 12 months. 
•   Binding non-lapsing nomination for the Life Insurance Superannuation Plan. This replaces the current binding lapsing nomination and will reduce both adviser and client ongoing administration requirements and workload 
•   New trauma conditions and updates to existing definitions. 
•   Reduced entry age to 60 for the Income Insurance Senior Plan, a simple income protection cover product for clients working longer and wanting to maintain cover until age 70. 
•   Increased maximum entry age to 75 for life cover, making it easier for your clients to transfer from legacy life cover policies into Elevate. 
•   Updated stepped and level premium labels, for new policies only.

New Business post 16 December 2024

The ‘old’ Income Insurance Plan, Income Insurance Plus Plan, Income Insurance Premier Plan, Income Insurance SMSF Plan and Income Insurance Superannuation Plan are now closed to new applications.  

No new policies will be issued for these ‘old’ plans (this includes clients who already have these plans and want to do a cancel and replace to change ownership of the policy).

We will continue to accept and process inflight applications for these plans written under the PDS dated 19 December 2022 up until 15 January 2025. Any application submitted after this date must be under the new PDS dated 16 December 2024. 

Quick links

Important Reading

Important information

Where the information on this website is factual information only, it does not contain any financial product advice or make any recommendations about a financial product or service being right for you. Any advice is provided by Resolution Life Australasia Limited ABN 84 079 300 379, AFSL No. 233671 (Resolution Life), is general advice and does not take into account your objectives, financial situation or needs. Before acting on this advice, you should consider the appropriateness of the advice having regard to your objectives, financial situation and needs, as well as the product disclosure statement and policy document for the product. Any guarantee offered in the product is only provided by Resolution Life. Any Target Market Determinations for our products can be found at resolutionlife.com.au/target-market-determinations. 

Resolution Life does not make any representation or warranty as to the accuracy, reliability or completeness of material on this website nor accepts any liability or responsibility for any acts or decisions based on such information.

Resolution Life can be contacted at resolutionlife.com.au/contact-us or by calling 133 731.