QBE’s Premiums4Good is officially launching for all LCIS customers
We’re excited to announce that after its success globally, QBE’s Premiums4Good is officially launching for all LCIS customers.
This will mean that from April 2020 at least 25% of annual policies purchased through LCIS will be directed to Premiums4Good and invested in initiatives which deliver benefits to communities and the environment. You’ll still get the same great service and cover, and there’s no extra cost.
How does Premiums4Good work?
Did you know that Premiums4Good will happen automatically on your Public and Products Liability Insurance, Association Liability and Volunteer Worker Personal Accident Insurance policies purchased through the LCIS, and it won’t cost you any extra?
You still get the same great service and cover, but at least 25% of the premium you pay will be directed in to investments with positive and social outcomes for our communities, like developing sustainable energy and improving life outcomes for children. It’s a simple way to create positive change from your everyday insurance spending.
What are the investments?
Premiums4Good investments include social bonds, social impact bonds and green bonds that seek to deliver both financial returns and social benefit.
It benefits a diverse range of projects here in Australia and across the globe. These include initiatives that help the environment, like renewable energy and waste conservation projects, social programs that deliver direct, sustainable benefits to vulnerable people like the homeless or at-risk families.
Where can I find more information?
Throughout the year, we’ll keep you updated on all the good things you’ve made possible simply by being part of the LCIS and Premiums4Good community.