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This is a flexible way of structuring insurance cover for your personal or business needs which may result in reducing the overall cost of your insurance package.
Specifically, it allows you to purchase Total and Permanent Disability or Critical Illness as an extension to your existing Life Cover, but have the policies structured with different owners.
And, it doesn't matter if the Life Cover is held inside or outside of superannuation.
To find out more about purchasing insurance within superannuation click here.
Alternatively, get in touch with a financial adviser or call MLC on 132 652.
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