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  • Premium Waiver

Premium Waiver

Helps you keep your insurance if you're disabled or retrenched

With Premium Waiver insurance you can maintain your policy for a time if you're suffering financial hardship through disablement or retrenchment.

Information on Premium Waiver insurance

MLC Insurance -
Premium Waiver insurance
MLC Insurance (Super) -
Premium Waiver insurance
Maximum Entry Age
Age 55 next birthday
Maximum Entry Age
Age 55 next birthday
Expiry Age
Policy anniversary date after age 65
Expiry Age
Policy anniversary date after age 65
Waiting Period
Total and Permanent Disability or Total Disability (for Income Protection) - three months.
Retrenchment - not applicable
Waiting Period
Total and Permanent Disability or Total Disability (for Income Protection) - three months.
Retrenchment - not applicable
Benefit Period
Total and Permanent Disability or Total Disability (for Income Protection) - up to age 65
Retrenchment - 12 months
Benefit Period
Total and Permanent Disability or Total Disability (for Income Protection) - up to age 65
Retrenchment - 12 months

To find out more about Premium Waiver insurance see MLC Insurance (Super) PDS, get in touch with a financial adviser or call us on 132 652.

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