Research database upgrade

A major research database upgrade has been made to Quality Product Research, details include:

Changes in V15.7

Personal:

nib - new policy document effective 01/02/2024, rating changes applied

Westpac - new Term Cover policy document effective 01/07/2023, rating change applied to Trauma: 'Female Carcinoma In Situ'

Business:

Fidelity Life - enhancements effective 23/11/2023, rating changes applied

Reviews:

Income/Mortgage Protection,

Sub-item guidescore update - 'Offsets'

Trauma,

AIA - remediation to 'Cancer Benefit Booster'. Minor condition added - 'Cerebral Aneurysm',

nib Life & Living - 'Worldwide Coverage'

Medical,

Sub-item remediation - 'Overseas Treatment'

Re-weight & review - 'Non-Surgical' and 'Mental Health Support'

nib financial stability rating update to A

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Submissions call for rewrite of FMA’s draft guide about outcomes focused regulation

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Legal and regulatory update for the life and health insurance sector