MLC Life Cover Super MLC Personal Protection Portfolio

Critical IllnessinsuranceConditions covered by Critical IllnessStandard and their definitions may changeAs advances are made in treatment and diagnostictechniques, MLC may need to change the definitions usedto ensure that they:• remain appropriate with regard to medical terminologyand classification• take into account effective cures, vaccines and moderndiagnostic procedures• include some conditions considered appropriate inthe future• exclude some conditions that are no longerconsidered critical.As a result, if you choose Critical Illness Standard, MLCmay continue your insurance on the same or differentconditions and definitions on renewal. MLC does notguarantee to renew your current policy terms andconditions for this type of insurance.Where a change is necessary, the change will apply to allinsurances of a similar type. MLC cannot single you outfor a change.MLC will notify you of any changes to your criticalconditions or definitions. You may accept the newconditions by continuing to pay your premiums and youwill in effect be entering into a new policy. You may chooseto reject these changes by not making further premiumpayments and your policy will lapse.When will MLC pay?Critical IllnessStand-aloneCritical IllnessIf you suffer a critical condition MLC willpay you a lump sum.If you live for 14 days after suffering acritical condition, MLC will pay the fullCritical Illness benefit.If you die within 14 days after suffering acritical condition, MLC will pay a benefitof $5,000.Qualifying periods and exclusions apply for certaincritical conditions.How does a claim affect your insurance?If you have Critical Illness insurance as part ofyour Life Cover or as a Connected Benefit:• your Life Cover insurance will be reduced by the claimamount paid for Critical Illness and, if applicable, yourTerminal Illness Support insurance will also be reducedto the lesser of 50% of the reduced Life Cover insuranceor $250,000• your Critical Illness insurance will be reduced by theclaim amount paid for your Life Cover benefit forTerminal Illness or Accidental Injury.MLC will reduce your future premiums in line with thereduced insurance.If you have stand-alone Critical Illness insurance:• your Life Cover and Terminal Illness Support insurancewill not be reduced by the claim amount paid forCritical Illness• your Critical Illness will not be reduced by any claimpaid under Life Cover insurance for Terminal Illness orAccidental Injury.What options can youchoose at an additional cost?Total and Permanent Disability (TPD)as a Critical ConditionIf you choose Critical Illness as part of your Life Coveror as a Connected Benefit, you can add the followingTPD definitions to the critical conditions under CriticalIllness insurance:• Any Occupation• Own Occupation (for eligible occupations only).The following entry ages apply:• 18 to 54 for level premium• 18 to 59 for stepped premium or decreasing cover.Extra Benefits Option (for Critical Illness Plus)If you choose Critical Illness Plus you can add one or bothof the following extra benefits:• additional critical conditions for which a partial benefitis payable• Critical Illness Buy Back—an option to buy back yourCritical Illness insurance.Page 20 MLC Life Cover Super and MLC Personal Protection Portfolio PDS