Developed by QBE Insurance

A group of super funds will roll out a number of general insurance products.

A number of industry superannuation funds will launch a range of general insurance products under a partnership agreement with Super Insurance Services.

Under the agreement, members of superannuation funds will have access to discounted travel, health and home and contents insurance.

There are also plans to provide a new telecommunications discount offer and business insurance, Super Insurance Services managing director Jason Potter-Rose said.

The funds that are signed up to the general insurance offer include Health Industry Plan, Spec Super, Club Super, Instrust, Maritime Super and Qiec Super.

A number of unions have also signed up with the firm.

The products have been developed by QBE Insurance, but will be branded under the respective industry superannuation funds.

"QBE had normally distributed their products through insurance brokers. This agreement allows the company to distribute directly to superannuation and union members," Potter-Rose said.

"By expanding their product range, industry superannuation funds will be able to get more engagement with their members. It is about providing real value add for members."

By Christine St Anne
Fri 17 Sep 2010

The article above was extracted from the Investor Daily.