MLC Life Cover Super MLC Personal Protection Portfolio

ProductupgradesImprovements to Total and PermanentDisability (TPD)Increased! Financial Planning BenefitWe’ve increased this benefit from $2,000 to $5,000.Improved! Increases withoutfurther medical evidence• The maximum amount you can apply for has been increasedfrom $1 million to $2 million.• New! Asset Protection for businessesWe’ve extended the list of Business Events to now includeAsset Protection (Loan Guarantee).To take advantage of this feature please apply for the additionalcover and please note your premium will change.New! Partial Payment BenefitWe’ll pay a partial benefit if you lose the sight of one eye or theuse of one foot or one hand.Improved! Life Cover Buy Back OptionYou can now buy back your Life Cover insurance for death,terminal illness and accidental injury (previously the restoredinsurance applied to death only).Please note: if you hold Life Cover Standard insurance therestored insurance will apply to death and terminal illnessonly as accidental injury is not covered under this insurance.Improved! TPD definitions extendedHow TPD is defined depends on whether you choose to havean Any Occupation or Own Occupation TPD definition.The definition for TPD is now more generous:• The Any Occupation definition of TPD has beenextended to include your inability to work at an occupationyou’re reasonably suited to that will pay 25% or more ofyour earnings.• Improved! Qualifying periodThe qualifying period has been reduced from six months tothree months for TPD and Loss of Independence definitions.• Improved! Survival periodThe survival period for TPD stand-alone insurance has beenchanged from six months to 14 days.Page 10 Making your insurance even better Making your insurance even better Page 11