In what circumstances can I request my income protection premiums to be waived?
Last updated 26 February 2016
If you’re insured and going on parental leave, become involuntarily unemployed or suffering financial hardship, in some circumstances we’ll waive your income protection premiums that you haven’t yet paid us.
We’ll also waive income protection premiums for a life insured while we’re paying a Total or Partial Disability benefit. Note this doesn’t include Business Overheads Cover.
Please call us as soon as your circumstances change on 13 1056 between 8am and 8pm (Sydney time) to discuss your premium options if you’re going on parental leave, unemployed or suffering financial hardship and you’re having difficulty paying your premiums. You may be eligible to have income protection premiums waived.