When does my cover end?

Your My Protection Plan isn’t linked to your loan and the policy does not end if your loan stops or you pay it off. However, if you pay off your loan, or the loan is cancelled, you may need to review this policy to make sure it meets your needs.

Your policy will continue for as long as you pay your premiums, regardless of any changes to the life insured’s health, occupation, or pastimes. This means that your policy can continue until the policy anniversary after the life insured turns:
• 75 years old (when the Death and Terminal Illness Benefit ceases). The Trauma Benefit and Specified Injury Benefit ceases at the policy anniversary after the life insured turns 65 years).

Your policy also ends as soon as one of the following happens.
• You cancel the policy
• The last remaining life insured dies
• The last remaining life insured is diagnosed with a terminal illness and we pay the Death and Terminal Illness Benefit
• We cancel or avoid the policy according to our legal rights
• We cancel the policy because you did not pay your premiums
• The life insured is no longer an Australian or New Zealand citizen or an Australian permanent resident

We will tell you before your policy is going to end, except where the life insured dies or ceases to be an Australian or New Zealand citizen or an Australian permanent resident, or you cancel the policy. 

See the Product Disclosure Statement and Policy Document for more information.