As your family life cycle changes, so do your risks.
Many insurers now offer a Special Events Increase Benefit which is a key feature in ensuring that your cover has the capacity to grow with you.
It is important that your cover meets your current needs. If your circumstances change, please remember to contact us. You may need to increase your cover sum insured. This can often be arranged without further assessment (up to certain limits).
Examples of changes to your circumstances include:
• Marriage or civil union
• Divorce or legal separation
• Taking on full time care of a dependent / relative
• The birth or legal adoption of a child
• Increasing an existing residential mortgage
• Purchasing a new home
• Purchasing a new residential investment property
• Purchasing a holiday home
• Purchasing a bare block of land zoned as residential
• The commencement of a first course of full-time Tertiary Education by a dependent child of the life assured
• An increase in annual salary
