Longevity Cover Awards 2020

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The Longevity Cover Awards identify market excellence and best practice by providers of Longevity Cover, including product offers that are specifically designed to meet some part of retiree longevity risk, such as annuities, guaranteed pensions, allocated pensions and other investment products. Recognition by Plan For Life through an independent, objective and transparent research process also provides industry participants an insight into best practice and a benchmark to compare performance.

The 2nd Annual Longevity Cover Awards virtual live event was held on 22 October 2020.

Watch the Event:

Download the Media Release (PDF):

PFL Media Release Longevity Cover Awards 2020

Award Categories

  1. Overall Longevity Cover Excellence

  2. Longevity Product - Non-Investment Linked

  3. Longevity Product - Investment Linked

  4. Longevity - Term and RCV Product

  5. Innovation - Long Term Product

  6. Innovation - Tools & Calculators

  7. Client & Adviser Technical Support

Judging Process

To ensure fairness and transparency in the awards process, the assessment for the Health & Wellness Life Insurance Awards is based on independent research conducted by Plan For Life based on 45 underlying Key Factors. Longevity in this context simply means ‘life expectancy’. Products currently on offer to retirees, specifically designed to meet some part of longevity risk, can be defined as “Longevity Cover”.

Plan For Life Experience

Plan For Life, Actuaries and Researchers is the leading independent supplier of Australian managed funds and life insurance market information with 30 years in business. We have over 10 years’ experience in undertaking research underpinning the AFA Life Company of the Year Awards, recognising Life Insurance Company excellence in the provision of products and services to financial advisers and their clients.