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06 July 2010

Diabetes Awareness Week 2010

Diabetes Australia-NSW will be spreading the message across the state about the link between diabetes and kidney disease this Diabetes Awareness Week from 11-17 July.

25 June 2010

Congratulations to Jimmy Little on success at APRA awards

Diabetes Australia-NSW would like to congratulate Jimmy Little after he was recognised on Monday for his achievements in music.

07 July 2010

New type 2 diabetes medication may help in type 1

A new medication for type 2 diabetes may also benefit those with type 1, reducing the rise in blood glucose levels following a meal and possibly lowering insulin needs.

29 June 2010

Insulin pump prevents night-time hypos

A special insulin pump which uses continuous glucose monitoring to predict hypoglycaemia and stop delivering insulin can help reduce the number of overnight hypos, according to a new study.

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Safeguard Life Insurance Deal

Exclusively for our Members

Diabetes Australia-NSW has struck a landmark deal that allows our members to get access to a first-of-its-kind life insurance product designed especially for the diabetes market.

An agreement has been reached with insurance company TOWER Australia Limited and Genesys Wealth Advisors (GWA) to provide an insurance product called SafeGuard, which is available exclusively to Diabetes Australia-NSW members.

Although applying for SafeGuard does not guarantee that cover will be granted, all applications will be considered individually by underwriters knowledgeable in assessing diabetes for insurance purposes. This means you will be judged on a case-by-case basis in line with how well you manage your diabetes.

Safeguard Features
How it Works
How to Apply
Who is Tower Australia Ltd?
For non-Members

Safeguard Features

TOWER Australia Limited guarantees that it will not cancel your policy as a result of a change in your health, pastimes or occupation provided your insurance premiums are paid.
Lump sum benefit payable on death or diagnosis of a terminal illness.
Advance payment of $10,000 of the life insurance benefit to provide funds for a funeral.
You are covered worldwide, 24 hours a day.
While TOWER Australia Limited is assessing your application, they will provide free Interim Accidental Death cover (if aged 59 or younger) for up to 90 days.
Up to five lives can be insured under the one policy - which means you can save money by not having to pay separate policy fees.

How it Works

All Diabetes Australia-NSW members aged 18 to 70 may apply for SafeGuard and take advantage of the competitive rates on offer - whether they have diabetes or not. To apply for SafeGuard, members need to complete a custom made pre-assessment form that removes unnecessary processing procedures and allows for a speedier return of information.

'This form has sufficient information to enable the underwriters to give an indicative assessment almost immediately.' GWA advisor Bev Carlyon said.

'If the client then wishes to proceed, a formal application would be completed and submitted. To ensure that the best rate possible is arrived at, the underwriters will write to their doctor and obtain the latest details of the client’s treatment and level of control.'

After looking at the pre-assessment form, the underwriters may also decide that some applicants may be eligible to add Total and Permanent Disablement Insurance, Trauma Insurance or Income Protection Insurance. This information will be passed back to the client.

Diabetes Australia has forgone any collection of funds from the arrangement, preferring to pass lower premiums on to members. GWA has also reduced the remuneration it will receive, again in order to keep premiums as low as possible.

Who is Tower Australia Limited?

TOWER Australia Limited is a wholly owned subsidiary of TOWER Limited. TOWER Limited, is listed on the stock exchanges of both Australia and New Zealand.

Founded over 130 years ago in New Zealand, TOWER established itself in Australia in 1990 with the purchase of Adriatic Life Limited.

How to Apply

For more information on applying for Safeguard or to obtain the pre-assessment forms call Bev Carlyon at Genesys Wealth Advisors on 1800 006 226. Or write to P.O. Box 1166 Castle Hill, NSW 1765.

For non-Members

If you are not a member of Diabetes Australia-NSW and would like to apply for Safeguard, you will need to become a member.

You are advised to call Bev on the above number, who can assist you both with the insurance application and the application to become a member of Diabetes Australia-NSW. This is currently the most efficient way for people who are not yet members to apply for Safeguard.