Who receives the benefit payments?

If you are the sole policy owner and life insured, you can nominate up to five beneficiaries to receive the death benefit. If you do not nominate any beneficiaries, your death benefit will go to your estate.

Beneficiaries can be individuals only.

If you die and your policy is jointly owned, we pay the Death and Terminal Illness Benefit to the surviving policy owner. For more details, please refer to page 9 of the Product Disclosure Statement and Policy Document.

If you (the policy owner) suffer from a terminal illness, one of the listed trauma events, or a specified injury, the benefits are paid to you and the funds can be used for any purpose. For more details, please refer to pages 14-17 of the Product Disclosure Statement and Policy Document.