Insurance

AMP tackles premium price hikes differently

Friday 26th of February 2010

Premiums are expected to rise when new tax rules come into effect later this year; prompting some companies to encourage advisers sell level term policies.

AMP says it has already taken the changes into account when it repriced its policies in 2008.

"We have positioned the business appropriately ahead of life insurance tax changes," AMP's New Zealand managing director Jack Regan s...

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