The value of the insurance cover is protected against the impact of inflation by automatic increases to the benefit amounts at each policy anniversary.
At each policy anniversary, the Death and Terminal Illness Benefit amount automatically increases by whichever is greater:
• consumer price index (CPI)
At each policy anniversary, the most we will increase your cover because of CPI is 10%. As the cover amounts increase, your premium usually increases.
A change to your Death and Terminal Illness Benefit may change your other benefit amounts. Please refer to your Product Disclosure Statement and Policy Document for details. If you cannot locate these documents, please contact us.
• decline an automatic increase,
• stop all future automatic increases, or
• ask us to restart all future automatic increases
by sending your request in writing to [email protected] or calling us on 1800 006 776.