MLC Life Cover Super MLC Personal Protection Portfolio

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ProductupgradesImprovements to Premium WaiverImproved! TPD definition extendedThe definition for Totally and Permanently Disabled is nowmore generous:• The definition of Totally and Permanently Disabled 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 monthsto three months.Improvements to Critical IllnessIncreased! 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.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 and terminal illness only).Please note: if you hold Life Cover Standard insurance therestored insurance will apply to death and terminal illness onlyas accidental injury is not covered under this insurance.We’ll write to you and you’ll need to let us know that you wantthis feature. To take advantage of this feature, please note you’llhave to pay an extra premium.Page 12 Making your insurance even better Making your insurance even better Page 13
ProductupgradesNew! Child Support BenefitIf you have Critical Illness insurance of at least $100,000, we’llpay a lump sum of $10,000 if one of your children* suffers one ofthe following conditions for the first time or dies. This benefitwon’t reduce your Critical Illness Plus or stand-alone benefit.Child Support Benefit ConditionsAplastic Anaemia Encephalitis Malignant CancerBacterial Meningitis Heart Attack MeningococcalSepticaemiaBenign Brain Tumour Heart Valve Surgery Open Heart SurgeryBlindnessHIV contractedthrough medicalOut of HospitalCardiac ArrestproceduresCardiomyopathy Intensive Care ParalysisChronic Kidney Loss of Speech PneumonectomyFailureChronic Liver Failure Major Brain Injury Primary PulmonaryHypertensionComa Major Burns StrokeDeafnessMajor Organ or BoneMarrow Transplant* A child means a person who is under the age of 21, and is thenatural child, stepchild, adopted child or a child under the legalguardianship of the Life Insured.The details of all these new definitionsare on mlc.com.au/upgradeCritical Illness additional andimproved definitionsNew! Severe DiabetesThe list of critical conditions has been extended to includeSevere Diabetes.Improved! Critical Illness definitionsThe definitions of the following critical conditions are nowmore generous.Critical conditionCriticalIllnessStandardCriticalIllnessPlusCriticalIllnessstand-aloneHeart Attack • • •Malignant Cancer • • •Benign Brain Tumour • •Cardiomyopathy • •Chronic Liver Failure • •Coma • •Coronary ArteryAngioplasty• •Dementia orAlzheimer’s Disease• •Encephalitis • •Intensive Care • •Loss of Speech • •Major Brain Injury • •The details of all these new definitionsare on mlc.com.au/upgradePage 14 Making your insurance even better Making your insurance even better Page 15
Page 1 and 2: Policy FeesThese fees apply to:•
Page 3 and 4: Policy fees as at20 May 2013Policy
Page 5 and 6: Upgrades (continued)Type of insuran
Page 7 and 8: Policy fees as at21 May 2012Policy
Page 9 and 10: Making sure you’rewell protectedW
Page 11 and 12: Summary ofpolicy upgradesat a glanc
Page 13: ProductupgradesImprovements to Tota
Page 17 and 18: ProductupgradesImproved definitions
Page 19 and 20: ProductupgradesIncome Protection -
Page 21 and 22: Insurance from MLCImportant informa
Page 23 and 24: Policy fees as at12 November 2010Po
Page 25 and 26: This page has been left blank inten
Page 27 and 28: Welcome to MLCAt MLC we protect you
Page 29 and 30: Contents1You’re makingthe right c
Page 31 and 32: You’re makingthe right choicewith
Page 33 and 34: Tailoring your insuranceWe also und
Page 35 and 36: The typesof insuranceofferedMLC Lif
Page 37 and 38: Life CoverinsuranceLife Cover insur
Page 39 and 40: How does a claim affect your insura
Page 41 and 42: How can you structure TPD andLoss o
Page 43 and 44: Critical IllnessinsuranceCritical I
Page 45 and 46: Critical conditionCriticalIllnessSt
Page 47 and 48: Additional critical conditions forw
Page 49 and 50: Information common toLife Cover, To
Page 51 and 52: During the first six months after c
Page 53 and 54: IncomeProtectioninsuranceIncome Pro
Page 55 and 56: When will MLC pay?Total DisabilityT
Page 57 and 58: What features are built in?Choice o
Page 59 and 60: Extra Benefits Option (for PPP Plus
Page 61 and 62: Home assistanceIf MLC is paying you
Page 63 and 64: BusinessExpensesinsuranceFor PPP (o
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How does Business Expensesinsurance
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When won’t MLC waive?MLC will not
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How itall worksMLC Life Cover Super
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When does your insurance start?If M
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How is your first premium treated?A
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Government chargesMLC and the Trust
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Contributing toMLC Life Cover Super
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Using yourinsuranceHow to claimMLC
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MLC Life Cover SuperHow can you con
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Who should use MLC Super Estate Opt
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Accessing yourMLC Life Cover Super
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MLC Life Cover SuperWhen is your fi
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Changing,replacing, transferring,re
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Transfers out of MLC LifeCover Supe
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PrivacyNotificationUsing and disclo
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DefinitionsMLC Life Cover Super PDS
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Gainfully employedKey person / reve
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Total and PermanentDisability (TPD)
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Critical IllnessDefinitionsCritical
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HIV contracted throughyour workInte
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Severe osteoporosisSevere rheumatoi
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Diagnosed multiplesclerosisDiagnose
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Interim AccidentInsurance Certifica
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Your application for LCS and/or PPP
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