Lifeguard Definition Enhancements
Serious illnesses can affect anyone, at any time and can be extremely damaging to your family’s long-term financial security.
You already know that your Recovery policy can help you cover the extra financial burden of a serious illness.
The below definitions have been amended to improve readability, helping you understand what you are covered for, and to reflect how medical conditions are assessed by medical practitioners.
What else is changing?
Introducing the Medical Definition Upgrade Benefit
In addition to simplifying medical definitions we have also introduced the Medical Definitions Upgrade (MDU) Benefit. For an additional premium you can apply for an upgrade to your Heart Attack, Cancer and where applicable, Early Stage Melanoma definitions.
The MDU Benefit can be applied to all Lifeguard Recovery Stand Alone, Recovery Package and where applicable the Recovery Plus Option.
|Definition||Life Cover||Recovery Stand Alone||Recovery Package||Child Cover||Income Protection - Crisis Benefit|
|"Early Stage Melanoma"||X||✓*||✓*||X||X|
*Only where Recovery Plus Option is applicable.
To find out more please refer to the ‘Changes in Detail’ document and FAQ’S below.
It’s a good idea to review your life insurance regularly with your financial adviser. With their help, you can use the flexibility of your policy to change the level of cover for different stages of your life.
We are always happy to help
If there’s anything else you need to know regarding this news, please contact your Adviser, or you can call us on 1800 221 727 between 8am and 6pm, AEST Monday to Friday.