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Access the premium calculator

Log in to My Resolution Life to get decreased sum insured quotes online.

Get a decreased sum insured quote from My Resolution Life

We understand it’s been a period of economic uncertainty. And during these periods, insurance affordability may be top of mind for our customers.

We want our customers to be able adjust their policy to suit their situation when they need to. Along with online options to easily opt out of inflation adjustment, we also have our premium calculator available on My Resolution Life .

Since launch, advisers who have used the premium calculator have told us that the calculator is easy to use and a valuable tool for conversations with customers thinking about insurance affordability.

With our premium calculator, you and your staff can:

Instantly get a quote for a decreased sum insured.

Save this quote within My Resolution Life, and easily download it later within 30 days.1

Submit the request to make the change to the policy online on behalf of the customer, with applicable consents.

1Feature currently not available for policies renewing within the next 2 months from the quotation date.

What information can you see on the quote?

  • A breakdown of the current and new premium
  • A 10-year projection for the new premium1
  • For policies renewing soon 2, you can choose to:
    • include in the quote the premium changes that will apply at renewal time
    • adjust the quote to opt out of inflation adjustment

1Feature currently not available for policies renewing within the next 2 months from the quotation date.
2Policy renewal (anniversary) date within the next 2 months from the quotation date.

We have more updates planned for the premium calculator. Keep an eye out in your inbox for our monthly Adviser Connect newsletter for future updates.

What products are eligible for the insurance calculator?

Currently, the premium calculator is available for the following (excluding premier or flexi-link policies):
 

  • Risk Protection Package
  • Elevate Insurance
  • Resolution Life Insurance

We plan to expand the premium calculator across all products in the future.

How to access the premium calculator

1. Log in to My Resolution Life. Haven’t used My Resolution Life before? Learn more here.

2. Search for the customer on the home dashboard and click on the customer from the search results to enter into Customer View.

3. On the left-hand side menu, select Request a quote, then Decrease premium calculation.

4. Simply follow the prompts to generate a quote.

For more information on how to use our premium calculator and how to enable your staff to access My Resolution Life so they can use it too, visit the My Resolution Life help centre.

Having technical difficulties?

Currently, the premium calculator is only available for certain products. If you’re using the premium calculator for an ineligible policy, you may see the following error messages:

Message Reason for the message
The policy is not eligible for a decrease premium.

If the policy:

  • Has Premier link option, or
  • Is a flexi link plan, or
  • Is a super plan with a flexi-linked plan

For any other issues or queries

You can chat with us online by clicking Chat in the bottom right corner.

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.