A group of former TAL executives have joined forces to launch a new insurer - NEOS Life - that offers life, total and permanent disability (TPD), child, critical illness, and income protection cover.
Through NEOS Protection, investors are able to choose a combination of the above cover types, under the one plan. The insurance can also be structured within a superannuation fund, or outside one.
NEOS says that its aim "is to provide value-for-money products and outstanding service, to Australians who want to buy life insurance through a financial adviser."
NEOS life insurance products are issued by NobleOak, and are reinsured by a subsidiary of Pacific Life Re.