AXA awarded 5 star CANSTAR Cannex rating

Get a quote

AXA Australia has been awarded a five star rating for outstanding value for its Total and Permanent Disability Insurance product.

The rating was awarded by CANSTAR Cannex and is designed to help consumers increase their chances of finding the right product.

AXA Australia Head of Individual Life Insurance, Stephen Rosengren said this was further evidence AXA was continuing to improve its offering.

“This is a great acknowledgment of the progress we are making on the road to regaining our leadership position in financial protection. We continue to support quality financial advice with quality financial protection products,” he said.

Mr Rosengren said the possibility of becoming totally or permanently disabled in your lifetime is a lot more likely than many people realise.

“ABS statistics show 1 in 16 Australians have a severe or profound core activity limitation. This means they will require either occasional or personal assistance with self care, mobility or communication, so for many this would affect their ability to work.

“A TPD plan can help you cope financially and provide a lump sum benefit that can be used to help pay for rehabilitation costs, pay for a professional carer or even establish an ongoing income stream for the future.

Mr Rosengren encouraged people to review their level of cover, “We often see people falling into the trap of thinking they have adequate cover through their employee super plan. Whilst most employees provide a base level of cover, often it is not enough to provide the income you require if you need to make a claim.

About the CANSTAR Cannex Awards
CANSTAR Cannex researches and rates a whole suite of life insurance products, including TPD. Each product is rigorously analysed in terms of its pricing and features and only the top 5% of all products analysed will receive a five star rating.

Helpful insurance info

We compare insurance options from Australia's most trusted providers:

About MultiCover

MultiCover is a free service designed to provide you with easy access to a range of financial service specialists that cover the important things in life, Family, Work and Play. Simply choose and select from a range of options.

We aim to provide you with not only choice in financial services and products, but also options in how you can shop, compare and select these financial products and services. Many of our customers like to speak directly with a specialist about the product or service they are considering, gaining the benefit from their experience and customising a solution. Others prefer

learn more about us

Insurance Info

Visit our channel

MultiCover is a referral service and not a financial service provider. The information on our website and other documentation is of a general nature only and does not take into account your personal financial situation, needs or objectives. None of this information is, or shall be deemed to constitute financial and/or other advice to purchase a product or service. We strongly recommend that you obtain professional advice prior to purchasing any financial product and/or service. Please see our site Terms of Use and Privacy Statement for more information.

We need some information about you to get started:

*Submitting your details and agreeing to our terms of use enables us to connect you to a Synchron insurance specialist who will provide the quote by email or phone.


Get an insurance quote