About Encompass
Encompass is a new product backed by MLC, one of Australia’s longest serving and largest insurers.
Encompass policies are issued by MLC which has been operating as an insurer in Australia for over 135 years and is Australia’s 4th largest insurer. Encompass is backed by a market leading technology platform which provides for a highly efficient experience. This platform allows MLC to provide a modern and efficient experience that customers expect.
Insurers’ Claims Acceptance Rates
This data ranges from 1st January 2023 to 31st December 2023 and are sourced from Income Protection claims where policies were purchased through an adviser channel.
Claims Paid By Encompass
In 2022, the underlying insurer for Encompass, MLC paid $747m in claims. As of Dec 2023, MLC accepted the following policies (purchased through a financial adviser):
of Life Insurance claims
of Income Protection claims
of Disability Insurance claims
of Critical Illness claims
Insurance Products By Encompass
Discounts Offered By Encompass
Encompass offers a healthy living discount.
- BMI between 19 and 28.5 inclusive
- non-smoker > 10 years; and
- no loadings or exclusions
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Want to learn more about Encompass?
To learn more Encompass and explore their comprehensive insurance solutions, you can review their Product Disclosure Statements (PDS).
