1 To qualify for the Death Benefit Guarantee, the younger Life Insured on the policy must be less than 85 years of age at the policy commencement. While the policy remains in force, the Death Benefit Guarantee will continue to apply until the 99th birthday of the last surviving Life Insured.
2 AFA Investment Bond of the Year Award winner from 2008 through to 2018. Benchmarked on scores for financial, market and product strength factors.
CommInsure Investment Growth Bond is issued by The Colonial Mutual Life Assurance Society Limited (CMLA), ABN 12 004 021 809, AFSL 235035. ‘CommInsure’ is used under licence by CMLA. Please view our Financial Services Guide and Investment Growth Bond Product Disclosure Statement.
CMLA has entered into a Joint Cooperation Agreement with AIA Australia Limited (AIA) and Commonwealth Bank of Australia (CBA) for the joint operation of the CMLA and AIA businesses. AIA is part of the AIA Group, the largest publicly listed life insurance group in the Asia Pacific region with a presence in 18 markets. Whilst CBA will remain the ultimate shareholder of CMLA, under the terms of the Joint Cooperation Agreement AIA will have an appropriate level of direct management and oversight of the CMLA business.
Neither the AIA Group nor the Commonwealth Bank of Australia Group (excluding CMLA) nor their subsidiaries, guarantee the performance of the Investment Growth Bond or the repayment of capital or interest by CMLA. Investments in the Investment Growth Bond are not deposits or other liabilities of the AIA Group nor the Commonwealth Bank of Australia Group (excluding CMLA) nor their subsidiaries. Investment products are subject to investment risk including loss of income and principal invested as described in the PDS. CMLA as product issuer does not guarantee the performance of the Investment Growth Bond except as expressly stated in the PDS.
This is general information only and does not take into account your individual objectives, financial situation or needs. You should assess whether the information is appropriate for you and consider talking to a financial adviser before making any investment decision. To apply for a CommInsure Investment Growth Bond you need to complete the application process described in the PDS. The offer made in the PDS is only available to persons receiving the PDS within Australia. Applications from outside Australia will not be accepted.
Taxation considerations are general and based on present taxation laws and may be subject to change. CMLA is not a registered tax (financial) adviser under the Tax Agent Services Act 2009 and you should seek tax advice from a registered tax agent or a registered tax (financial) adviser if you intend to rely on information in the case study to satisfy the liabilities or obligations or claim entitlements that arise, or could arise, under a taxation law.
Commonwealth Financial Planners are Representatives or Authorised Representatives of Commonwealth Financial Planning Limited ABN 65 003 900 169, AFSL 231139, a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124.