National Seniors Australia Ltd ABN 89 050 523 003 refers you to the insurer Allianz Australia Life Insurance Limited ABN 27 076 033 782 AFSL No. 296559 as the insurer’s agent. We do not provide any advice based on any consideration of your objectives, financial situation or needs. Terms, conditions, limits and exclusions apply. Before making a decision, please consider the Product Disclosure Statement, available on this website. If you purchase this insurance, we will receive a commission that is a percentage of the premium. Ask us for more details before we provide you with services.
1Maximum cover amount is dependent on your age at the time of application. The cover amount of Critical Illness cover and Permanently Unable to Work Cover cannot exceed the Life Cover amount. The minimum cover amount is $50,000 for Critical Illness cover and $100,000 for Life cover and Permanently Unable to Work cover. The maximum total amount you can be paid under a policy with more than one type of cover is the Life Cover amount before any other benefits have been paid. Please refer to the PDS for details.
2 Renewal of cover is guaranteed until the insured reaches the age specified in the PDS for the relevant cover, regardless of how their health may change. Applies subject to payment of premiums when due.
3Cover amounts are automatically increased on each policy anniversary by 5% or the change in the CPI, whichever is greater. Increases to cover amounts only applicable until age 65. Premiums may increase from year to year in line with the increased amount. Please refer to PDS for details.
4Conditions covered under this cover are certain types of Vascular Disease, Terminal Cancer, Degenerative Diseases, Cardiac Surgery, and Major Organ Failure. Three month waiting period applies for certain illnesses. Please refer to the ‘When a Critical Illness benefit will be payable’ section in the Product Disclosure Statement which sets out the standard list of covered conditions and events.
5For Permanently Unable to Work cover you must be working on on a permanent basis in an eligible occupation type for at least 20 hours per week. Please refer to PDS for details.
6Accidental Injury benefit covers the entire or irrecoverable loss of a hand, a foot or loss of sight in one eye. Please refer to the PDS for details.