The mandatory medical limits were recently updated for NEOS Protection, making it quicker and easier to get covered.
You can now apply for the following without medicals:
- Up to $15,000per month in Income Support Cover across all ages
- Up to $3min Life and TPD Cover for ages under 50 (for BMIs <30)
- Up to $1.5min Life Cover for ages 50 and over; and
- Up to $1.5min TPD Cover for ages 50 to 54, and $1.25m for ages 55 and over.
You can find out more in the Adviser Guide, available on the NEOS Platform.
Simplified ADHD underwriting for NEOS Protection
Attention deficit hyperactivity disorder (ADHD) diagnoses and corresponding prescriptions have more than doubled over the last five years. As awareness and understanding of the condition continues to grow, so too does the need for a more practical and efficient underwriting approach.
That’s why NEOS Protection has significantly simplified how ADHD is assessed – particularly mild to moderate cases.
What does this mean?
For those applications where ADHD is disclosed:
- Up to 40% of applications can now be approved straight away, with no manual underwriting required.
- Approximately 80% of applications will no longer require a doctor’s report.
- Faster turnaround times across the board.
- Less follow-up and fewer delays.
The result? Less chasing. Faster policies. A smoother, more positive client experience.
By modernising our approach to ADHD underwriting for NEOS Protection, we’re reducing unnecessary friction while maintaining robust risk assessment standards – making it easier for you to do business and easier for clients to secure cover.
If you’d like more detail on how this applies to your next application, please contact your BDM or Underwriter.