Macquarie Term Life Insurance. Product Disclosure Statement

Size: px
Start display at page:

Download "Macquarie Term Life Insurance. Product Disclosure Statement"

Transcription

1 Macquarie Term Life Insurance Product Disclosure Statement Issued by Macquarie Life Limited ABN January 2010

2 Contents At a glance 01 At a glance 03 Terms and conditions 04 Your Policy 07 General information 11 Who to contact 12 Glossary What is Macquarie Term Life Insurance? Macquarie Term Life Insurance (Cover) has been designed to provide financial support for those people who are close to you in the unfortunate event of your death or upon you being diagnosed with a terminal illness. Who can take out Cover? You must be an Australian resident and aged between 18 and 60, inclusive of those ages, to apply for the Cover. Cover can continue until the Cover anniversary when you are aged 65. Who owns the Cover? When the Cover starts, you will be the owner of the Cover. After the Cover starts, you can transfer the ownership of the Cover to another person. Important Information This Product Disclosure Statement (PDS) contains important information about insurance products issued by Macquarie Life Limited (Macquarie Life). Macquarie Life is not an authorised deposit-taking institution for the purposes of the Banking Act (Cth) 1959 and its obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN Macquarie Bank Limited does not guarantee or otherwise provide assurance in respect of the obligations of Macquarie Life. Macquarie Term Life Insurance policies are referable to Macquarie Life s No. 4 Statutory Fund. Please note that this product is designed purely for protection. It does not have an investment or savings component and will not have a surrender or cash value. Information contained in this PDS can change from time to time. If the change is not materially adverse, the updated information will be available on our website, A paper copy of any updated information will be given to you on request without charge. This PDS has been prepared by Macquarie Life to help you decide whether to buy Macquarie Term Life Insurance but it does not take into account your objectives, financial situation or needs. If you are unsure about the appropriateness of the Macquarie Term Life Insurance product having regard to your objectives, situation and needs, then we recommend that you obtain financial, legal and taxation advice before making a decision to acquire the product. About this document When reading this PDS a reference to we, our and us means Macquarie Life. Any reference to you or your means the applicant for, or owner of, a Macquarie Term Life Insurance policy. Some of the terms used in this PDS have a special meaning. These terms are shown in italics and are explained in the Glossary at the end of this PDS. How to apply for Cover? If you want to apply for Cover, you will need to complete the application process. The application process will require you to disclose personal information and may result in Cover being offered or declined. Please note that you have a duty of disclosure that applies throughout the duration of the application process. This is explained on page 7 and it is important that you read and understand this duty before applying for Cover. How much Cover can you apply for? The minimum amount of Cover you can apply for is $100,000. You can apply for Cover in $50,000 increments, above $100,000, up to a maximum Cover amount of $1,000,000.

3 Terms and conditions How much does it cost? The premium you pay is calculated by multiplying the insured amount by a premium rate. The premium rate that applies is based on a number of factors including: your age (premium rates generally increase with age); your gender (premium rates will vary depending on the gender of the insured person); and whether or not you smoke (premium rates are higher for smokers). The premiums are calculated on a 5 year stepped basis, which means that the premium increases on each 5 year anniversary of the Cover start date. Before each 5 year Cover anniversary, we will notify you of the premium for the period to the next Cover anniversary. The actual premium cost will be confirmed by us upon completion of the application process. The premium for the first 5 years of Cover will be shown on the Certificate of Insurance. What if I change my mind? If within 21 days of being issued with Cover you decide it does not meet your needs, please write to us and we will cancel your Cover immediately and refund any premiums paid, as long as you have not made a claim during this period. This cooling off period is explained in more detail on page 6. This part of the PDS sets out the terms and conditions of the Cover. If we accept your application, we will issue a Certificate of Insurance, which together with the Terms and Conditions set out in this part of the PDS, will be the contract between the owner and us. In some circumstances, we will not pay a benefit. These circumstances are shown in the section headed When we won t pay. Words or expressions shown in italics have the meaning explained in the Glossary at the end of the PDS. Death benefit What is the Death benefit amount? The amount of Death benefit provided, known as the Death sum insured, is the amount shown in the Certificate of Insurance. When is the Death benefit paid? The Death sum insured will be paid if the insured person: dies; or is diagnosed with a terminal illness after the Cover start date shown on the Certificate of Insurance and before the Death benefit ends, explained in the section titled When Cover starts and ends on page 4. If we agree that a Death benefit is payable, it will be paid as a lump sum amount. When we won t pay A Death benefit claim will not be payable if death or terminal illness is directly or indirectly caused, or contributed to, by: suicide, or an intentional self inflicted act within 13 months of the Cover start date; a criminal act by the insured person; alcohol abuse or alcohol dependence; improper use of prescription drugs, over-the-counter drugs, and controlled substances; or a pre-existing condition.

4 Your Policy When Cover starts and ends Cover will start on the Cover start date shown in the Certificate of Insurance and will continue until one of the following things happen: the date we receive the owner s written request to cancel the Cover; we cancel Cover due to the non-payment of the premium when due; a benefit under the Cover becomes payable; or the Cover anniversary when insured person is aged 65. The Cover start date is the date on which the application process is completed, which is when your application has been completed and accepted by us either verbally, electronically or in writing, and we have issued a certificate of insurance. Changes to your Cover You can request a change in the Cover at any time. Any request to increase must be made in writing to us and is subject to our acceptance, which may include medical and/or financial underwriting. If your request is accepted, we will confirm this in writing and issue an updated Certificate of Insurance. Any increase in benefits will be subject to a minimum increase of $50,000 and restricted by the maximum benefit cap of $1,000,000. You can request to decrease the Cover at any time but it cannot be reduced below $100,000. Any request to decrease the Cover must be made in writing to us and once effected, we will confirm this in writing. How are the premiums paid? The premium is calculated and payable on a monthly basis. Your monthly premium will be automatically deducted one month in advance from your nominated bank account or credit card each month. We will deduct your first payment on your Cover start date. What happens if premiums are not paid? If a premium payment is not made, we will notify you advising the date on which the policy will end if the amount due is not paid. We will give at least 20 business days notice before the policy is cancelled because of non payment of premiums. If a payment sufficient to meet the amount due is not made by that date, we will cancel the policy. Can we change the premium rates? We can change the premium rates for Macquarie Term Life Insurance, but only if we do this for a group of policy holders. Any changes to premiums will come into effect for your policy from the next Cover anniversary after we make the change. We can also pass on any government taxes and charges which may be introduced or increased during the life of your policy. If we increase premium rates we will provide 30 days notice before the increase comes into effect for your policy. Guaranteed renewable Provided you continue to pay your premiums when due, your Macquarie Term Life Insurance policy is guaranteed renewable until Cover ends, as explained in the section titled When Cover starts and ends on page 4. This means that we cannot cancel or alter the terms of the Cover because of changes in your health, occupation or pastimes. Worldwide Cover Your policy covers the insured person 24 hours a day, anywhere in the world. Keeping us informed To ensure that our records are kept up to date and correct, we request that you advise us in writing: of a change in your address or contact details; or of a change in banking or credit card details.

5 General information Cooling off period If you are accepted for Cover, we will issue you with a Certificate of Insurance. You have 21 days from the date that Cover starts to check that the Cover meets your needs; this is known as the cooling off period. As long as you do not make a claim during this period you can ask us to cancel the Cover during the cooling off period and we will refund any premiums you have paid. Your request to cancel must be in writing and your Certificate of Insurance will need to be returned to us. Making a claim Notifying us of a claim You or your personal representative should contact Macquarie Life on or via if you think you are eligible to make a claim, or are unsure and would like some assistance. It is important that we are notified as soon as possible after any event that may lead to a claim. We will send a claim form and explain in detail our requirements and what the next steps are. Assessing a claim Macquarie Life will pay a benefit only after all our claim requirements have been met and we admit liability. If we require additional information, beyond our normal claim requirements, to assess a claim, Macquarie Life will meet these costs. Otherwise you or your personal representative must meet the cost of satisfying our claim requirements. Payment of a claim We will pay the claim as soon as possible once it has been approved. All claims will be paid in Australian dollars. Your duty of disclosure Before entering into a contract with Macquarie Life Limited you have a duty, under the Insurance Contracts Act 1984, to disclose to us every matter you know, or could reasonably be expected to know, that is relevant to our decision whether to accept the risk of the insurance and, if so, on what terms. You have the same duty to disclose those matters to us before your Cover is extended, varied or reinstated. Your duty, however, does not require disclosure of a matter: that diminishes the risk to be undertaken by us; that is of common knowledge; that we know or, in the ordinary course of our business, ought to know; or as to which compliance with your duty is waived by us. Importantly, your duty of disclosure continues until a written contract of life insurance has been issued by Macquarie Life. Non-disclosure If you fail to comply with your duty of disclosure and we would not have entered into the contract on any terms if the failure had not occurred, we may avoid the contract within 3 years of entering into it. If your non-disclosure is fraudulent, we may avoid the contract at any time. If we have not avoided a contract of life insurance, we may, within 3 years of entering into it, reduce the amount that you have been insured for in accordance with a formula that takes into account the premium that would have been payable if you had disclosed all relevant matters to us. Information about privacy Your privacy is important to Macquarie Life. This statement explains how personal information can be used or disclosed and provides information about your privacy rights. By completing the application you agree to allow Macquarie Life to use your personal information: assess and process the application for insurance; communicate with you about the application and any Cover Macquarie Life supplies to you;

6 monitor, audit, evaluate and otherwise administer your policy; and assess, process and investigate any claims. You also agree that other companies in the Macquarie Group and our external service providers (including for example, reinsurers, mailing houses and claims assessors) may access personal information when appropriate to assess your application, administer your policy or process any claims. If you do not supply Macquarie Life with the personal information requested, Macquarie Life may not be able to provide the Cover applied for. Unless you notify Macquarie Life otherwise, the personal information may be used by us or other companies in the Macquarie Group to offer products or services which may be of interest to you. Disclosure of Personal Information and your rights We may also disclose your personal information: if acting in good faith, we believe the law requires or permits us to; or if you consent. Under the Privacy Act, you may request access to your Personal Information held by Macquarie Life. You can contact us to make such a request for any other reason relating to the privacy of your personal information. Contact details are shown in the section titled Who to contact. Health information The references in this Privacy Statement to personal information include sensitive information such as your medical and health related details. If required to assess your application, administer your policy or process any claims, Macquarie Life may seek further information from any medical attendant consulted by you. Taxation Typically, an owner of a Macquarie Term Life Insurance policy will be unable to claim a tax deduction for any premiums they pay in respect to Macquarie Term Life Insurance and any benefit they receive will not be included in their assessable income for tax purposes. In any case, we suggest you speak to your tax adviser who will be able to give you advice that is specific to your circumstances and answer any questions you may have regarding the tax consequences of taking out Cover under Macquarie Term Life Insurance. Direct Debit Service Agreement Where you have elected to have your Macquarie Term Life Insurance premium deducted from your account by direct debit, you agree to the terms detailed below. 1. I/we have requested Macquarie Life Limited, ABN AFSL No , (User ID ) to deduct my/our nominated account with any amounts that become payable in relation to my/our Macquarie Term Life Insurance policy, through the BECS (Bulk Electronic Clearing System). 2. The financial institution may, in its absolute discretion, at any time by notice in writing to me/us terminate this request as to future debits. 3. Macquarie Life may, by notifying me/us within 14 days, vary the timing of future debits. 4. Where the due date does not fall on a business day and I am/we are uncertain whether sufficient cleared funds will be available to meet the direct debit, I/we will contact my/our financial institution directly and ensure that sufficient cleared funds are available. 5. I/we can modify or defer this regular Direct Debit Request at any time by giving Macquarie Life 14 days notice. 6. I/we can stop or cancel the regular Direct Debit Request at any time by giving Macquarie Life or my/our financial institution 14 days notice. 7. If at any time I/we feel that a direct debit against my/ our nominated account is inappropriate or wrong it is my/our responsibility to notify Macquarie Life or my/our financial institution as soon as possible.

7 Who to contact 8. If I/we believe there has been an error in debiting my/ our account, I/we will notify Macquarie Life or my/our financial institution and confirm by notice in writing to Macquarie Life as soon as possible. 9. Direct debiting through BECS is not available on all accounts. I/we will check my/our account details against a regular statement or check with my/our financial institution as to whether I/we can request a direct debit from my/our account. 10. It is my/our responsibility to ensure that there are sufficient cleared funds in my/our nominated account to honour the Direct Debit Request. I/we understand that the Direct Debit Request will be automatically cancelled if two debit payments are dishonoured because of insufficient funds. Macquarie Life will give me/us 14 days notice in writing if they intend to cancel my/our Direct Debit Request. Macquarie Life will also charge the cost of dishonoured direct debits against my/our account. Macquarie Life may cancel my/our Macquarie Term Life Insurance cover if the Direct Debit Request is cancelled because of dishonours. 11. It is my/our responsibility to ensure that the authorisation given to debit the nominated account is identical to the account signing instruction held by the financial institution where the account is held. 12. Macquarie Life may need to pass on details of my/our direct debit request to their sponsor bank in BECS to assist with the checking of any incorrect or wrongful debits to my/our nominated account. We are here to help with any questions you have about your Cover. The contact details for Macquarie Life are: Telephone Fax Post Macquarie Life GPO Box 5216 Brisbane QLD 4001 You should be aware that all telephone conversations with you relating to your policy will be recorded. What to do if you have a complaint Macquarie Life has procedures in place to properly consider and deal with your enquiries and complaints within 45 days of a complaint being made. If you have a complaint you may contact the Complaints Officer of Macquarie Life on the contact details shown above. If your complaint is not resolved to your satisfaction within 90 days you may refer it to the Financial Ombudsman Service (FOS), which provides external dispute resolution for consumers and financial service providers. For more information about FOS, including how to lodge a complaint, please visit or call

8 Glossary alcohol abuse means an established pattern of problem drinking that results in health consequences and/or social problems. alcohol dependence means a physiological and/or psychological reliance on or addiction to alcohol, which results from recurrent use; characterised by mental and/or physical changes in the user that make it difficult to stop usage despite repeated alcohol related problems. pre-existing condition means any condition, injury, illness, disease, sickness or related condition and/or associated symptoms, whether specifically diagnosed or not: which the insured person knew about (or ought reasonably to have known about); or for which the insured person sought or received advice, treatment or counselling from any medical practitioner; in the 24 months immediately prior to the Cover start date or the Cover start date for any requested increase in Cover (but only in respect of that increase). terminal illness means that the insured person is diagnosed with an illness, which reduces life expectancy to less than 12 months from the date of claim, as confirmed by a specialist physician approved by Macquarie Life. 12

9 For enquiries, call or For claims, call or 14 BKL /09

LIFE INSURANCE. Product Disclosure Statement

LIFE INSURANCE. Product Disclosure Statement LIFE INSURANCE Product Disclosure Statement This product and Product Disclosure Statement are issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530 AFSL 229880 under the brand, AAMI. Contents

More information

Suncorp Life Protect Product Disclosure Statement

Suncorp Life Protect Product Disclosure Statement Suncorp Life Protect Product Disclosure Statement Prepared on: 20 February 2015 Effective date: 30 March 2015 Important Information This is the Product Disclosure Statement (PDS) for Suncorp Life Protect.

More information

MemberCare Life Insure Policy

MemberCare Life Insure Policy MemberCare Life Insure Policy Product Disclosure Statement incorporating the Policy Wording Your family s complete protection Introduction & Welcome We understand how important it is to be comfortable

More information

St.George Quick Cover

St.George Quick Cover St.George Quick Cover St.George Quick Cover is the fast and easy way to help protect the people you care about. Product Disclosure Statement and Policy Wording (PDS). Effective Date: 20 October 2014 Issued

More information

Suncorp Funeral Plan. Product Disclosure Statement

Suncorp Funeral Plan. Product Disclosure Statement Suncorp Funeral Plan Product Disclosure Statement Prepared on: 14 February 2014 Effective date: 12 March 2014 Important information This is the Product Disclosure Statement (PDS) for Suncorp Funeral Plan.

More information

Accidental Death Insurance at ClearView. Product Disclosure Statement & Policy Wording

Accidental Death Insurance at ClearView. Product Disclosure Statement & Policy Wording Accidental Death Insurance at ClearView Product Disclosure Statement & Policy Wording 1 October 2011 About this document This document contains the Product Disclosure Statement (PDS) and policy wording

More information

GIO Funeral Insurance

GIO Funeral Insurance GIO Funeral Insurance Product Disclosure Statement and Policy Document Prepared on: 19 September 2014 Effective date: 20 October 2014 This product and combined Product Disclosure Statement and Policy Document

More information

Smart Term Insurance

Smart Term Insurance Smart Term Insurance Combined Product Disclosure Statement and Financial Services Guide Product Disclosure Statement About Smart Term Insurance HCF Smart Term Insurance is a term life insurance product

More information

Product Disclosure Statement

Product Disclosure Statement GIO Funeral Plan Product Disclosure Statement This product and Product Disclosure Statement are issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530 AFSL 229880 under the brand, GIO. Important

More information

Contact AMP You can call or fax a Customer Service Officer on Phone 131 267 Fax 1300 301 267

Contact AMP You can call or fax a Customer Service Officer on Phone 131 267 Fax 1300 301 267 getting a home loan? Easy cover for you Loan Cover Product Disclosure Statement Issue 3, 1 January 2012 Loan Cover is issued by AMP Life Limited ABN 84 079 300 379, AFS Licence No. 233671 Loan Cover is

More information

Funeral Plan. Product Disclosure Statement. Rewarding experience

Funeral Plan. Product Disclosure Statement. Rewarding experience Funeral Plan Product Disclosure Statement Rewarding experience This product and product disclosure statement are issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530 AFSL 229880 under the

More information

combined financial services guide, product DiSclosure statement and policy Wording insurance

combined financial services guide, product DiSclosure statement and policy Wording insurance combined financial services guide, product DiSclosure statement and policy Wording Accidental death insurance 28th october 2011 This document is a Combined Financial Services Guide, Product Disclosure

More information

Life. Product Disclosure Statement and Insurance Policy

Life. Product Disclosure Statement and Insurance Policy Life Product Disclosure Statement and Insurance Policy CGU Life Product Disclosure Statement and Policy Life Preparation date: 01/02/2013 Contents About This Insurance 1 Overview 1 Who is the product

More information

Funeral Insurance at ClearView. Product Disclosure Statement & Policy Wording

Funeral Insurance at ClearView. Product Disclosure Statement & Policy Wording Funeral Insurance at ClearView Product Disclosure Statement & Policy Wording 1 October 2011 About this document This document contains the Product Disclosure Statement (PDS) and policy wording and is designed

More information

Specimen copy of the Master Policy. Life Protection for Superannuation Accounts

Specimen copy of the Master Policy. Life Protection for Superannuation Accounts Specimen copy of the Master Policy Life Protection for Superannuation Accounts Asgard Capital Management Limited ABN 92 009 279 592 AFSL 240695 is the Trustee and Administrator and is the owner of this

More information

Insurance. Life. Insurance. Product Disclosure Statement and Policy

Insurance. Life. Insurance. Product Disclosure Statement and Policy Insurance Life Insurance Product Disclosure Statement and Policy Effective 11 October 2013 The information provided in this PDS is general information only and does not take into account your individual

More information

ACCIDENTAL DEATH INSURANCE

ACCIDENTAL DEATH INSURANCE ACCIDENTAL DEATH INSURANCE Product Disclosure Statement This product and Product Disclosure Statement are issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530 AFSL 229880 under the brand,

More information

Your. Product Disclosure Statement and Insurance Policy

Your. Product Disclosure Statement and Insurance Policy Your Product Disclosure Statement and Insurance Policy In arranging this insurance Defence Bank Limited ABN 57 087 651 385 AFSL /Australian Credit Licence 234582 is acting pursuant to an agreement with

More information

Who ll repay your credit card if you can t? Card repayment insurance. www.jetstar.com/cards

Who ll repay your credit card if you can t? Card repayment insurance. www.jetstar.com/cards www.jetstar.com/cards Who ll repay your credit card if you can t? Card repayment insurance Combined Financial Services Guide and Product Disclosure Statement Section 1 Introduction 1 Introduction 4 Product

More information

Who ll repay your credit card if you can t? Card repayment insurance. www.jetstar.com/cards

Who ll repay your credit card if you can t? Card repayment insurance. www.jetstar.com/cards Who ll repay your credit card if you can t? Card repayment insurance Issued by Macquarie Life Limited Combined Financial Services Guide and Product Disclosure Statement www.jetstar.com/cards 1 Introduction

More information

SMSF. Comprehensive life insurance cover for members of self managed super funds. Product Disclosure Statement

SMSF. Comprehensive life insurance cover for members of self managed super funds. Product Disclosure Statement SMSF Comprehensive life insurance cover for members of self managed super funds Product Disclosure Statement Issued: 18 April 2013 Contents About Insure Me Now 3 About Hannover 3 Explaining this Product

More information

Term Life. Product Disclosure Statement and Insurance Policy

Term Life. Product Disclosure Statement and Insurance Policy Term Life Product Disclosure Statement and Insurance Policy Administrator Intermediary The information provided in this PDS is general information only and does not take into account your individual objectives,

More information

Funeral Plan. Product Disclosure Statement (PDS) Issue Date: 14 May 2012. Funeral Plan is issued by MetLife Insurance Limited

Funeral Plan. Product Disclosure Statement (PDS) Issue Date: 14 May 2012. Funeral Plan is issued by MetLife Insurance Limited Funeral Plan Product Disclosure Statement (PDS) Issue Date: 14 May 2012 Funeral Plan is issued by MetLife Insurance Limited What is a Product Disclosure Statement? A Product Disclosure Statement (PDS)

More information

Supplementary Product Disclosure Statement

Supplementary Product Disclosure Statement Supplementary Product Disclosure Statement 12 March 2014 This Supplementary Product Disclosure Statement (SPDS) is dated 12 March 2014, and supplements each Product Disclosure Statement and Policy (PDS)

More information

Smart Term Insurance

Smart Term Insurance Smart Term Insurance Combined Product Disclosure Statement and Financial Services Guide Product Disclosure Statement About Smart Term Insurance HCF Smart Term Insurance is a term life insurance product

More information

Simply Smarter Life Insurance. Budget Direct Life Insurance and Budget Direct Accidental Death Insurance Product Disclosure Statement

Simply Smarter Life Insurance. Budget Direct Life Insurance and Budget Direct Accidental Death Insurance Product Disclosure Statement Simply Smarter Life Insurance Budget Direct Life Insurance and Budget Direct Accidental Death Insurance Product Disclosure Statement Budget Direct Life Insurance and Budget Direct Accidental Death Insurance

More information

Suncorp Funeral Plan. Policy Document

Suncorp Funeral Plan. Policy Document Suncorp Funeral Plan Policy Document Contents 1.0 Important information 3 2.0 Cooling off period 4 3.0 When does cover start and stop? 4 4.0 Benefits under this policy 5 5.0 Your premium 7 6.0 Claims 8

More information

My plan. Their future. Heading goes. here. Powered by Citi. Powered by Citi. Pure Life. Product Disclosure Statement Issued 025 March?

My plan. Their future. Heading goes. here. Powered by Citi. Powered by Citi. Pure Life. Product Disclosure Statement Issued 025 March? Pure Life My plan. Heading goes Their future. here. Powered by Citi. Powered by Citi. Product Disclosure Statement Issued 025 March? April 2011 Issuer: Distributor: MetLife Insurance Limited Citigroup

More information

AMP Life Insurance. Product Disclosure Statement and policy document

AMP Life Insurance. Product Disclosure Statement and policy document AMP Life Insurance Product Disclosure Statement and policy document Issue date: 12 March 2014 Contents Summary 1 Product issuer 1 Other companies involved in providing services 1 for the AMP Life Insurance

More information

Product Disclosure Statement. Issue date: 14 December 2015 Issue number: 6

Product Disclosure Statement. Issue date: 14 December 2015 Issue number: 6 Product Disclosure Statement Issue date: 14 December 2015 Issue number: 6 Accident Only Woolworths Life Insurance 2 Welcome to Woolworths Life Insurance Accident Only Explaining this document This Product

More information

product disclosure statement Issued by Westpac Life Insurance Services Limited ( Westpac Life )

product disclosure statement Issued by Westpac Life Insurance Services Limited ( Westpac Life ) Westpac Future Cover product disclosure statement Issued by Westpac Life Insurance Services Limited ( Westpac Life ) ABN 31 003 149 157 Australian Financial Services Licence No. 233728 Level 20, Westpac

More information

Suncorp Life Protect Express. Combined Product Disclosure Statement and Policy Document

Suncorp Life Protect Express. Combined Product Disclosure Statement and Policy Document Suncorp Life Protect Express Combined Product Disclosure Statement and Policy Document Prepared on: 20 February 2015 Effective date: 30 March 2015 1.0 Important information This is the combined Product

More information

Suncorp Consumer Credit Insurance for Personal Loans Product Disclosure Statement

Suncorp Consumer Credit Insurance for Personal Loans Product Disclosure Statement Suncorp Consumer Credit Insurance for Personal Loans Product Disclosure Statement Prepared on: 16 March 2015 Effective Date: 30 March 2015 Suncorp Consumer Credit Insurance for Personal Loans Product Disclosure

More information

Product Disclosure Statement

Product Disclosure Statement Product Disclosure Statement For NAB Mortgage Protect Preparation Date: 23 June 2012 Issue No. 1 This Product Disclosure Statement (PDS) is issued by: MLC Limited, ABN 90 000 000 402 AFSL 230694 You ve

More information

Funeral Protection. Product Disclosure Statement and Policy Document. The Power of We. Version 1. Issued 15 August 2011 AIA.COM.AU

Funeral Protection. Product Disclosure Statement and Policy Document. The Power of We. Version 1. Issued 15 August 2011 AIA.COM.AU 1 Funeral Protection Product Disclosure Statement and Policy Document Version 1 Issued 15 August 2011 The Power of We AIA.COM.AU About this booklet We suggest that you keep this booklet in a safe place.

More information

Suncorp Accidental Death Plan. Product Disclosure Statement

Suncorp Accidental Death Plan. Product Disclosure Statement Suncorp Accidental Death Plan Product Disclosure Statement Prepared on: 14 February 2014 Effective date: 12 March 2014 Important Information This is the Product Disclosure Statement (PDS) for Suncorp Accidental

More information

Macquarie Life. Macquarie Life Smart insurance solutions made simple

Macquarie Life. Macquarie Life Smart insurance solutions made simple Macquarie Life Macquarie Life Smart insurance solutions made simple Product Disclosure Statement issued by Macquarie Life Limited ABN 56 003 963 773 AFSL 237 497 Dated 9 November 2007 Contents 01 The importance

More information

LIFE INSURANCE EXPRESS

LIFE INSURANCE EXPRESS LIFE INSURANCE EXPRESS Combined Product Disclosure Statement and Policy Document This product and Combined Product Disclosure Statement and Policy Document are issued by Suncorp Life & Superannuation Limited

More information

LIFE INSURANCE EXPRESS

LIFE INSURANCE EXPRESS LIFE INSURANCE EXPRESS Combined Product Disclosure Statement and Policy Document This product and Combined Product Disclosure Statement and Policy Document are issued by Suncorp Life & Superannuation Limited

More information

IOOF SMSF Insurance. Product Disclosure Statement

IOOF SMSF Insurance. Product Disclosure Statement IOOF SMSF Insurance Product Disclosure Statement The policy owner of this product is IOOF Investment Management Limited Level 6, 161 Collins Street Melbourne VIC 3000 The administrator and issuer of this

More information

Income Protection Insurance

Income Protection Insurance Income Protection Insurance Product Disclosure Statement Issued 16 April 2015 Guardian Income Protection Insurance is issued by Hannover Life Re of Australasia Ltd (Hannover) ABN 37 062 395 484 of Level

More information

Woolworths Life Insurance. Woolworths Life Insurance Accident Only Product Disclosure Statement. Issue date: 16 April 2015 Issue number: 5

Woolworths Life Insurance. Woolworths Life Insurance Accident Only Product Disclosure Statement. Issue date: 16 April 2015 Issue number: 5 Woolworths Life Insurance Woolworths Life Insurance Accident Only Product Disclosure Statement Issue date: 16 April 2015 Issue number: 5 Welcome to Woolworths Life Insurance Accident Only Explaining this

More information

Income Protection Cover

Income Protection Cover Income Protection Cover Product Disclosure Statement Issue date: 27 April 2015 Income Protection Cover is issued by Hannover Life Re of Australasia Ltd (Hannover) ABN 37 062 395 484 of Level 7, 70 Phillip

More information

Loan Protection Plan. Product Disclosure Statement. Issued By: Hannover Life Re of Australasia Ltd and QBE Insurance (Australia) Limited

Loan Protection Plan. Product Disclosure Statement. Issued By: Hannover Life Re of Australasia Ltd and QBE Insurance (Australia) Limited Loan Protection Plan Product Disclosure Statement Issue date: 18 April 2016 Issued By: Hannover Life Re of Australasia Ltd and QBE Insurance (Australia) Limited Distributed by: ALI Group Table of contents

More information

Easylife Insurance. MBF Life. Product Disclosure Statement. Issue No.1 11 March 2004

Easylife Insurance. MBF Life. Product Disclosure Statement. Issue No.1 11 March 2004 Easylife Insurance Product Disclosure Statement Issue No.1 11 March 2004 MBF Life Issued by: MBF Life Limited ABN 12 000 021 581 AFS Licence No. 227682 Contents About this Product Disclosure Statement...1

More information

Your. Product Disclosure Statement and Insurance Policy

Your. Product Disclosure Statement and Insurance Policy Your Product Disclosure Statement and Insurance Policy In arranging this insurance Credit Union Australia Limited ABN 44 087 650 959 AFSL No. 238317 is acting pursuant to an agreement with the Insurer

More information

Funeral Plan. Rewarding experience

Funeral Plan. Rewarding experience Funeral Plan Policy Document Rewarding experience This product and policy document are issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530 AFSL 229880 under the brand, Apia. Contents 1.0.

More information

combined financial services guide, product DiSclosure statement and policy Wording

combined financial services guide, product DiSclosure statement and policy Wording combined financial services guide, product DiSclosure statement and policy Wording life insurance 28th october 2011 This document is a Combined Financial Services Guide, Product Disclosure Statement and

More information

Product Disclosure Statement

Product Disclosure Statement Free Parent Cover Product Disclosure Statement Call 1300 547 435 or visit coles.com.au/insurance Issue Date: 1 February 2015 Issued by: MetLife Insurance Limited Who is the Insurer of Coles Life Insurance

More information

combined financial services guide, product DiSclosure statement and policy Wording funeral insurance

combined financial services guide, product DiSclosure statement and policy Wording funeral insurance combined financial services guide, product DiSclosure statement and policy Wording funeral insurance 28th october 2011 This document is a Combined Financial Services Guide, Product Disclosure Statement

More information

Proposal Form: Individual Personal Accident and Sickness Insurance

Proposal Form: Individual Personal Accident and Sickness Insurance Important tice Relating to this Proposal PLEASE READ THE FOLLOWING ADVICE BEFORE PROCEEDING TO COMPLETE THIS PROPOSAL FORM. Your Duty of Disclosure Before you enter into a contract of general insurance

More information

ProtectMyHomeLoan Mortgage Protection Product Disclosure Statement including Policy Wording

ProtectMyHomeLoan Mortgage Protection Product Disclosure Statement including Policy Wording ProtectMyHomeLoan Mortgage Protection Product Disclosure Statement including Policy Wording This is a very important document. Please read this entire document carefully to ensure you understand the extent

More information

Family Life Cover Product Disclosure Statement Issue date: 1 December 2014

Family Life Cover Product Disclosure Statement Issue date: 1 December 2014 Family Life Cover Product Disclosure Statement Issue date: 1 December 2014 Family Life Cover is issued by Hannover Life Re of Australasia Ltd (Hannover) ABN 37 062 395 484 of Level 7, 70 Phillip Street,

More information

AMP Life Insurance. Product Disclosure Statement and policy document

AMP Life Insurance. Product Disclosure Statement and policy document AMP Life Insurance Product Disclosure Statement and policy document Issue date: 12 March 2014 AMP Life Insurance Supplementary product disclosure statement This supplementary product disclosure statement

More information

Credit Card Repayment Protection

Credit Card Repayment Protection Credit Card Repayment Protection Product Disclosure Statement and policy wording Effective 13 July 2015 1 Introducing Credit Card Repayment Protection. What is it? Credit Card Repayment Protection is insurance

More information

Product Disclosure Statement

Product Disclosure Statement MTA Insurance Limited Equity Plus Insurance Product Disclosure Statement This document must be read in conjunction with the Application/Certificate of Insurance for MTA Equity Plus Insurance. Together

More information

Life Insurance at ClearView. Product Disclosure Statement & Policy Wording

Life Insurance at ClearView. Product Disclosure Statement & Policy Wording Life Insurance at ClearView Product Disclosure Statement & Policy Wording 1 October 2011 About this document This document contains the Product Disclosure Statement (PDS) and policy wording and is designed

More information

BAR COVER. Barristers Sickness and Accident Fund Pty Ltd ACN 000 381 617 as trustee of The Barristers Sickness and Accident Fund, 1961

BAR COVER. Barristers Sickness and Accident Fund Pty Ltd ACN 000 381 617 as trustee of The Barristers Sickness and Accident Fund, 1961 BAR COVER Barristers Sickness and Accident Fund Pty Ltd ACN 000 381 617 as trustee of The Barristers Sickness and Accident Fund, 1961 Sickness and Accident Insurance PRODUCT DISCLOSURE STATEMENT Dated

More information

Life Insurance. Go Protect. Product Disclosure Statement 24 October 2011. TAL Life Limited ABN 70 050 109 450 AFSL 237 848

Life Insurance. Go Protect. Product Disclosure Statement 24 October 2011. TAL Life Limited ABN 70 050 109 450 AFSL 237 848 Life Insurance Go Protect Product Disclosure Statement 24 October 2011 TAL Life Limited ABN 70 050 109 450 AFSL 237 848 Contact details You can contact TAL, 8:00am 7:00pm (EST), using the details below:

More information

St.George Protection Plans for Mortgage Customers

St.George Protection Plans for Mortgage Customers St.George Protection Plans for Mortgage Customers Product Disclosure Statement and Financial Services Guide Term Life for Mortgages Income Protection for Mortgages Effective date: 1 June 2015 This is a

More information

BT Protection Plans for Mortgage Customers

BT Protection Plans for Mortgage Customers BT Protection Plans for Mortgage Customers Product Disclosure Statement and Financial Services Guide Term Life for Mortgages Income Protection for Mortgages Effective date: 1 June 2015 This is a Combined

More information

MLC Personal Protection Portfolio MLC Life Cover Super

MLC Personal Protection Portfolio MLC Life Cover Super MLC Personal Protection Portfolio MLC Life Cover Super Product disclosure statement This Product Disclosure Statement was prepared by: MLC Limited ABN 90 000 000 402 AFSL 230694 Issuer of MLC Personal

More information

Flexi Loan Repayment Protection

Flexi Loan Repayment Protection Flexi Loan Repayment Protection Product Disclosure Statement and policy wording 1 Effective 13 July 2015 Introducing Flexi Loan Repayment Protection. What is it? Flexi Loan Repayment Protection is insurance

More information

Protection Plans for Mortgage Customers

Protection Plans for Mortgage Customers Westpac Protection Plans for Mortgage Customers Product Disclosure Statement and Financial Services Guide Term Life for Mortgages Income Protection for Mortgages Effective date: 1 June 2015 This is a Combined

More information

Financial Services Guide

Financial Services Guide Financial Services Guide Virgin Money (Australia) Pty Limited ( VMA ) ABN 75 103 478 897 Authorised Representative Number 280884 & TAL Direct Pty Limited ( TAL ) ABN 39 084 666 017 Australian Financial

More information

Credit Protection Product Disclosure Statement including Policy Wording

Credit Protection Product Disclosure Statement including Policy Wording Credit Protection Product Disclosure Statement including Policy Wording Issued by: St Andrew s Insurance (Australia) Pty Ltd and St Andrew s Life Insurance Pty Ltd January 2014 This is a very important

More information

Suncorp Income Protection. Product Disclosure Statement and Policy Document

Suncorp Income Protection. Product Disclosure Statement and Policy Document Suncorp Income Protection Product Disclosure Statement and Policy Document Prepared on: 10 August 2015 Effective date: 24 August 2015 Contents Important information 3 1.0 Who can apply? 9 2.0 Your cooling

More information

Credit Card Protect. Product Disclosure Statement

Credit Card Protect. Product Disclosure Statement Credit Card Protect Product Disclosure Statement Bank of Melbourne Credit Card Protect is issued by Swann Insurance (Aust) Pty Ltd ABN 80 000 886 680 (Swann Insurance) and St.George Life Limited ABN 88

More information

INCOME PROTECTION. Product Disclosure Statement and Policy Document

INCOME PROTECTION. Product Disclosure Statement and Policy Document INCOME PROTECTION Product Disclosure Statement and Policy Document This product and combined Product Disclosure Statement and Policy Document are issued by Suncorp Life & Superannuation Limited ABN 87

More information

Individual insurance transfer

Individual insurance transfer AON MASTER TRUST Individual insurance transfer Use this form if you are a current member or joining the Aon Master Trust as a new member and you wish to transfer your current insurance cover with another

More information

Loan Protection Plan

Loan Protection Plan Issued by Short form product disclosure statement NO APPLICATION FORM Please note, this document does not contain an application form. Loan Protection Plan Convenient risk protection for your loan Issue

More information

Bill Cover. Product Disclosure Statement and Policy Wording (PDS) Stay one step ahead of your expenses when the unexpected happens.

Bill Cover. Product Disclosure Statement and Policy Wording (PDS) Stay one step ahead of your expenses when the unexpected happens. Westpac Bill Cover Stay one step ahead of your expenses when the unexpected happens. Product Disclosure Statement and Policy Wording (PDS) i Effective Date: 20 October 2014 This PDS and Policy Wording

More information

LIFE INSURANCE POLICY DOCUMENT. Participating Employer (Universities of NZ) (the employer)

LIFE INSURANCE POLICY DOCUMENT. Participating Employer (Universities of NZ) (the employer) LIFE INSURANCE POLICY DOCUMENT For Employees (as Voluntary Insured Members) Participating Employer (Universities of NZ) (the employer) Administered by Marsh (the policy owner) Insured by Sovereign Assurance

More information

Macquarie Superannuation Plan Group Income Protection Contract

Macquarie Superannuation Plan Group Income Protection Contract Macquarie Superannuation Plan Group Income Protection Contract This Contract applies to the following products: Macquarie Superannuation Insurance Macquarie Super Manager Life Insurance SuperOptions Insurance

More information

Sports Injury Claim Form

Sports Injury Claim Form Sports Underwriting Australia Sports Underwriting Australia Claims Department PO E: liabilityclaims@sportsunderwriting.com.au Box 2717, Taren Point. NSW, 2229 Tel: Ph: 1300 363 363 413 413 Fax: +61 2 9524

More information

MOTOR FINANCE GAP PROTECTION POLICY

MOTOR FINANCE GAP PROTECTION POLICY MOTOR FINANCE GAP PROTECTION POLICY Product Disclosure Statement and Policy Wording Version No. 2.0 Effective Date: 3 November 2011 Issued by Chubb Insurance Company of Australia ABN 69 003 710 647, ASFL

More information

Supplementary Product Disclosure Statement Issued: 12 March 2014

Supplementary Product Disclosure Statement Issued: 12 March 2014 Supplementary Product Disclosure Statement Issued: 12 March 2014 Product name Date of PDS CoverPlus Life 28 April 2011 CoverPlus Income Protection 28 April 2011 CoverPlus Critical Illness 28 April 2011

More information

Product Disclosure Statement

Product Disclosure Statement MTA Insurance Limited Marine Equity Insurance Product Disclosure Statement This document must be read in conjunction with the Application/Certificate of Insurance for MTA Marine Equity Insurance. Together

More information

SMART TERM INSURANCE FINANCIAL PROTECTION AGAINST DEATH OR TERMINAL ILLNESS

SMART TERM INSURANCE FINANCIAL PROTECTION AGAINST DEATH OR TERMINAL ILLNESS 1 INSURANCE FINANCIAL PROTECTION AGAINST DEATH OR TERMINAL ILLNESS WHY CHOOSE INSURANCE? Smart Term Insurance pays cash upon death or terminal illness. Some of the features of this product include: Choose

More information

BT Protection Plans. Product Disclosure Statement and Policy Document (PDS)

BT Protection Plans. Product Disclosure Statement and Policy Document (PDS) BT Protection Plans Product Disclosure Statement and Policy Document (PDS) Dated 19 May 2014 Who s responsible for BT Protection Plans The Insurer is Westpac Life Insurance Services Limited ABN 31 003

More information

Building Indemnity Insurance - South Australia Policy Wording

Building Indemnity Insurance - South Australia Policy Wording Building Indemnity Insurance - South Australia Policy Wording CBW BII SA 1213 Effective Date 01 December 2013 Welcome to the financial security provided by Calliden Building Indemnity Insurance - South

More information

Seniors Final Expenses Insurance

Seniors Final Expenses Insurance Seniors Final Expenses Insurance Product Disclosure Statement Issue Date: 8 July 2015 The Over 50 s Insurance Specialists Australian Seniors Final Expenses Insurance is issued by Hannover Life Re of Australasia

More information

CommInsure Protection

CommInsure Protection CommInsure Protection Combined Product Disclosure Statement (PDS) and Policy Issue date: 11 May 2014 Product Disclosure Statement This Product Disclosure Statement (PDS) is issued by the insurer, The Colonial

More information

Term Life Insurance. With optional Critical Conditions Benefit. Product Disclosure Statement Issue no 3 / 1 September 2014

Term Life Insurance. With optional Critical Conditions Benefit. Product Disclosure Statement Issue no 3 / 1 September 2014 Term Life Insurance With optional Critical Conditions Benefit Product Disclosure Statement Issue no 3 / 1 September 2014 Issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530 AFSL 229880 Promoted

More information

Suncorp Income Protection. Product Disclosure Statement and Policy Document

Suncorp Income Protection. Product Disclosure Statement and Policy Document Suncorp Income Protection Product Disclosure Statement and Policy Document Prepared on: 10 August 2015 Effective date: 24 August 2015 Contents Important information 3 1.0 Who can apply? 9 2.0 Your cooling

More information

SMSF Direct Life Product Disclosure Statement

SMSF Direct Life Product Disclosure Statement SMSF Direct Life Product Disclosure Statement Call: 1300 04 14 94 Email: smsflife@nobleoak.com.au www.nobleoak.com.au/smsfdirectlife Date of issue: 30 May 2013 This Product Disclosure Statement Contains

More information

Income Protection. Product Disclosure Statement and Policy

Income Protection. Product Disclosure Statement and Policy Income Protection Product Disclosure Statement and Policy 28 april 2011 About this PDS This Product Disclosure Statement and Policy (PDS) sets out the features, benefits, risks and exclusions of this product

More information

Group Income Protection For Employees

Group Income Protection For Employees Group Income Protection For Employees Product Disclosure Statement Issue Date 1 February 2014 Contents 1 About this document 2 Important notes 2 About Hannover 3 About UPlus 3 UPlus administration 3 How

More information

Suncorp Financial Protection Plan Product Disclosure Statement

Suncorp Financial Protection Plan Product Disclosure Statement Suncorp Financial Protection Plan Product Disclosure Statement Suncorp Financial Protection Plan Product Disclosure Statement Prepared on: 29 September 2003 Issuer: Suncorp Life & Superannuation Ltd (

More information

Westpac Protection Plans

Westpac Protection Plans Westpac Protection Plans Supplementary Product Disclosure Statement and Policy Addendum (SPDS) Dated 1 July 2014 This SPDS is dated 1 July 2014 and supplements the information contained in the Westpac

More information

Pay-by-the-month insurance. Application form

Pay-by-the-month insurance. Application form Pay-by-the-month insurance Application form Pay-by-the-month insurance Select your payment method With GIO pay-by-the-month you can smooth out your business cash flow by paying over 12 months, direct through

More information

Term Life Insurance. With optional Critical Conditions Benefit. Permanent ADF Reservists Defence Community

Term Life Insurance. With optional Critical Conditions Benefit. Permanent ADF Reservists Defence Community Term Life Insurance With optional Critical Conditions Benefit Product Disclosure Statement Issue no 2 / 12 March 2014 Issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530 AFSL 229880 Promoted

More information

NAB Mortgage Protect Policy Document

NAB Mortgage Protect Policy Document NAB Mortgage Protect Policy Document This insurance policy is issued by MLC Limited (MLC). This document is part of the insurance Policy You have taken out. The following pages describe the terms of Your

More information

dependab e because life is unpredictable.

dependab e because life is unpredictable. AMP Elevate insurance Product Disclosure Statement Insurance that s dependab e because life is unpredictable. Issue Number 12, 21 May 2012 Life Insurance Life Insurance Superannuation Total and Permanent

More information

Transferring your insurance cover into Bendigo and Adelaide Bank Staff Super

Transferring your insurance cover into Bendigo and Adelaide Bank Staff Super Staff Superannuation Plan a sub-plan of IOOF Employer Super 1 January 2014 Transferring your insurance cover into Bendigo and Adelaide Bank Staff Super If you hold insurance cover in another superannuation

More information

Suncorp Home Loan Protect

Suncorp Home Loan Protect Suncorp Home Loan Protect Product Disclosure Statement and Policy Document Prepared on: 3 July 2015 Effective date: 3 August 2015 Contents 1.0 Important Information 2 2.0 Who can apply? 6 3.0 Your cooling

More information

Home Indemnity Insurance - Western Australia Policy Wording

Home Indemnity Insurance - Western Australia Policy Wording Home Indemnity Insurance - Western Australia Policy Wording CBW HII WA 1213 Effective Date 01 December 2013 Welcome to the financial security provided by Calliden Home Indemnity Insurance - Western Australia

More information

Funeral Fund. At a glance. Why you need it. Funeral Fund rates. Standard benefits. Funeral Fund rates. Key facts. Risk FF 1114

Funeral Fund. At a glance. Why you need it. Funeral Fund rates. Standard benefits. Funeral Fund rates. Key facts. Risk FF 1114 Funeral Fund Risk FF 1114 At a glance Cover your funeral expenses Pays an immediate lump sum on the death of the insured. Designed to cover most, if not all, funeral expenses in the event of an unexpected

More information

MLC Personal Protection Portfolio

MLC Personal Protection Portfolio This is an electronic version of the Product Disclosure Statement. Applications for MLC Personal Protection Portfolio may only be made by persons receiving this electronic document within Australia. Should

More information

Supplementary Product Disclosure Statement

Supplementary Product Disclosure Statement Supplementary Product Disclosure Statement 12 March 2014 This Supplementary Product Disclosure Statement (SPDS) is dated 12 March 2014, and supplements each Product Disclosure Statement and Policy (PDS)

More information