Plan For Life

1. Life Insurance/Risk
Sales and Market Share

Plan For Life publishes a comprehensive set of life insurance and risk market business statistics relating to life offices in Australia. Updated quarterly. Hardcopy and softcopy format (PDF and spreadsheets). Up to 15 year history also available.

Market Share subscriptions include:

Risk Statistics Quarterly: Lump Sum products (term life, TPD, trauma), Income Protection and Business Expense Insurance. Data covers: In Force Premiums, New Single Premiums, New Annual Premiums, State Distribution, Distribution of Benefit and Waiting Periods: In force Individual Income Premiums, New Individual Income Premiums.
Life Insurance Report & Statistics: Total Inflows (New Single Premiums plus In-Force Annual Premiums), Total Sales (New Single Premiums plus New Annual Premiums), New Single Premiums, In-Force Annual Premiums, New Annual Premiums, Annual Premium Discontinuances (Surrenders & Forfeitures).

2. Group Risk

Plan For Life reports on group risk statistics attaching to the following products: Industry Funds, Govt Public Sector Superannuation, Stand-Alone Corporate Superannuation and Master Fund Superannuation.

3. Distribution Focus

Plan For Life analyses Risk product sales (Risk Lump Sum, Risk Income) by distribution channels, consumer segmentation, dealer and state distribution.

Risk Distribution Channel - Channels: Life Office Aligned Dealer Groups, Non-Aligned Dealer Groups, Stock Brokers, Bank Aligned Dealer Groups, Direct & Other
Risk Consumer Segmentation - Age Ranges: 18-24, 25-34, 35-39, 40-44, 45-49, 50-54,55-64, 65 and over.
Risk Analysis by Dealer - Estimated Annual Risk Sales for risk products including Term, TPD, Trauma and Income, split by Dealer Group and Life Company.
Risk State Distribution - Total Sales of Individual Risk Lump Sum, Individual Risk Income, Total Individual Risk for Year End and Quarter.

4. Market Intelligence

Plan For Life provides unique market intelligence covering the Funds Management market within the Australian Life Insurance and Risk industry. Industry News, Product News, Life Insurance Statistics, Group Risk Products Terms & Conditions, Comparison Risk premium rates. format, emailed to sub

Market Intelligence products include:

Risk MINDER newsletter - Fortnighly publication, PDF format
Risk PDS Library - Constantly updated, PDF format
Market Overview Release – Risk & Life - Quarterly publication, PDF format

5. Product Research

Plan For Life provides databases and software for researching and comparison of Risk products.

Individual Risk Products Database - Software application for review of individual risk stand-alone products, allowing comparisons of premium rates, terms and conditions. It saves significant time in obtaining and comparing rates and terms from other companies risk products. The program will allow testing of new premium rates scenarios.
Risk Quote Company Software - Latest Company Risk Quote Software installations
Risk Product Benchmarking - Comparison report assisting in Risk product research and determination of Approved Product Lists for use by Dealer Groups and Life Offices. Risk Product Benchmarking uses a set of criteria and weightings as the basis for comparing individual risk products (Term Life & TPD, Trauma and Income Protection) and providers.

6. Forecasts

Projections of the Life Insurance Risk markets including Individual Risk Lump Sum, Individual Risk Income and Group Risk.

The projections have been developed primarily as a source of industry comparative projections for 1 year Business and 3 to 5 year Strategic Planning. The projections are based on economic forecasting and assumptions developed for the projection.

7. Specialist Research

Custom Risk Reports designed specifically to meet client requirements (on request).

Life Insurance / Risk Research