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What is Inflation Protection?

Inflation Protection helps make sure that you’re not underinsured (and caught out) due to the rising costs of living. This means we’ll increase your Benefit Amount each year to help guard against Inflation, and your premiums will increase in line with this change.

Inflation Protection can be applied to both Stepped and Level premium policies. You can decline a Inflation Protection increase for a given year or request to remove this entirely.

Life, TPD and Trauma Insurances are indexed in line with the CPI or 5%, whichever is greater, and Income Protection Insurance is indexed by the CPI or 3%, whichever is greater.

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