More about the Specified Injury Benefit
My Protection Plan will pay the Specified Injury Benefit if a life insured fractures any of the following parts of their body.
- Skull (excluding bones of the face or nose)
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- Forearm (including wrist but excluding elbow or hand)
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- Upper arm (between the elbow and shoulder)
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- Leg (between the knee and foot)
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How much does it pay?
The benefit amount shown on your policy schedule at the date the life insured’s specified injury happens. The benefit is paid to the policy owner and can be used for any purpose.
The Specified Injury Benefit is equal to 3% of the life insured’s Death and Terminal Illness Benefit amount, up to $7,500.
What if I have more than one injury?
There is no limit to the number of Specified Injury Benefit claims which you can make. However, only one Specified Injury Benefit is paid for each event, even if a life insured fractures multiple parts of their body at any one time.
Does this affect my other benefits?
No. Payment of a Specified Injury Benefit will have no effect on the level or continuation of the other benefits.
Example - How multiple injuries from one event affect the Specified Injury Benefit
Tobias owns a My Protection Plan and is the life insured. He is involved in a car accident and fractures his collar bone, pelvis and thigh. His treatment includes immobilisation to help all three fractures heal. Even though Tobias’ three injuries each meet the definition of specified injury, he may only claim for one benefit payment. His benefit payment will be 3% of his Death and Terminal Illness Benefit amount, up to $7,500. Tobias cannot claim a benefit for each injury.
For more examples of Specified Injury Benefit claims please read the Product Disclosure Statement and Policy Document.
Want to know more about our Specified Injury Benefit?
Please read the Product Disclosure Statement and Policy Document for full details. You can also reach out to our customer service team on 1800 006 776.