Access the premium calculator
Get a decreased sum insured quote from My Resolution Life
We understand it’s been a period of economic uncertainty. And during these periods, insurance affordability may be top of mind for our customers.
We want our customers to be able adjust their policy to suit their situation when they need to. Along with options to opt out of indexation, we also have our premium calculator available on My Resolution Life.
Since launch, advisers who have used the premium calculator have told us that the calculator is easy to use and a valuable tool for conversations with customers thinking about insurance affordability.
With our premium calculator, you and your staff can:
1Feature currently not available for policies renewing within the next 2 months from the quotation date.
What information can you see on the quote?
- A breakdown of the current and new premium
- A 10-year projection for the new premium1
- For policies renewing soon2, you can choose to:
- include in the quote the premium changes that will apply at renewal time
- adjust the quote to opt out of inflation adjustment
1Feature currently not available for policies renewing within the next 2 months from the quotation date.
2Policy renewal (anniversary) date within the next 2 months from the quotation date.
We have more updates planned for the premium calculator. Keep an eye out in your inbox for our monthly Adviser Connect newsletter for future updates.
What products are eligible for the insurance calculator?
Currently, the premium calculator is available for Risk Protection Plan. We plan to expand the premium calculator across other products in the future.
EasyQuote is also available for LifeTrack or conventional products, and can provide you with quotes for different scenarios (for example, if you wanted to increase the life insured).
How to access the premium calculator
1. Log in to My Resolution Life. Haven’t used My Resolution Life before? Learn more here.
2. Search for the customer on the home dashboard and click on the customer from the search results to enter into Customer View.
3. On the left-hand side menu, select Request a quote, then Decrease premium calculation.
4. You’ll be presented with the option to decrease sum insured. Simply follow the prompts to generate a quote.
For more information on how to use our premium calculator and how to enable your staff to access My Resolution Life so they can use it too, visit the My Resolution Life help centre.
Having technical difficulties?
Currently, the premium calculator is only available for Risk Protection Plan policies. If you’re using the premium calculator for an ineligible policy, you may see the following error messages:
Message | Reason for the message |
The policy is not eligible for a decrease premium |
For any other issues or queries
You can chat with us online by clicking Chat in the bottom right corner.
Important information
Resolution Life Australasia Limited ABN 84 079 300 379, NZ Company No. 281363, AFSL No. 233671 (Resolution Life). The content on this website is for information only. The information is of a general nature and does not constitute financial advice or other professional advice. Before taking any action, you should always seek financial advice or other professional advice relevant to your personal circumstances. While care has been taken to supply information on this website that is accurate, no entity or person gives any warranty of reliability or accuracy, or accepts any responsibility arising in any way including from any error or omission.
A disclosure statement is available from your Adviser, on request and free of charge.