Westfield Health have a robust Product Oversight and Governance Policy which has been designed to ensure a consistent approach to the development of new (or significantly adapted products) and protects against our products having any potential to cause customer harm.
For each of our products we have produced a Fair Value Assessment. These documents detail how and what we have assessed, and the outcome for each product. Information analysed includes areas such as product metrics, service, pricing, distribution and target market.
Below are links to our Target Market Assessment and documents relating to Product Oversight and Governance and Fair Value Assessments for some of our most popular products. If you require information for any other policies, please email your request to [email protected].
Intermediary Target Market Assessment
This covers our 4 broad products: health cash plans for corporates, health cash plans for individuals, private health insurance for corporates and private health insurance for individuals. Under each of these 4 sections it explains what the insurance is, the distribution strategy and the target market statement.
Evolve
Product Oversight and Governance Report
Benefit Table (for up to 50 employees)
Benefit Table (for more than 50 employees)
Advantage Corporate
Product Oversight and Governance Report
Advantage Voluntary
Product Oversight and Governance Report
Good4You
Product Oversight and Governance Report
Foresight Health Plan
Product Oversight and Governance Report
Mosaic Health Plan
Product Oversight and Governance Report
Benefit Table (upgrades and additional adults)
Westfield Flex Health Plan
Product Oversight and Governance Report
Private Health Insurance (Corporate)
Product Oversight and Governance Report
