Specify insurance instrument defaults on a group scheme

Default Insurance instruments are added separate from Default Investment instruments on an employer.

If an Insurance Instrument is available on the Product, Brokerage and Adviser of an Employer/Group scheme, the Insurance Instrument can be added to the Employer (see also View and add instruments available for selection by members)

Ensure that ‘Has insurance Instruments’ is ticked on the product

Proceed to the Employer

Default insurance Instruments will now appear under the employer -> More Actions list

Select Default insurance Instruments and add

Add any percentage to the Insurance instrument/s. This will ensure that the insurance instrument/s are available for selection on member investment instructions

The insurance instrument will now become available on member instructions for selection

Last Updated on 6 years ago by Antoinette Van Meyeren