Total and Permanent Disability can be financially as well as emotionally devastating and if you have not considered the consequences of losing your income, now is the time to do something about protecting it.
Our Permanently Unable to Work policy pays you a lump sum which can be used to help to minimize the impact Total and Permanent Disability has on your way of life. The funds can be used for anything from paying off debts, replacing lost income for daily living costs, or assisting with ongoing medical and rehabilitation costs.
|Permanently Unable To Work cover|
|What is covered?||
Permanently Unable to Work cover can be added as an option to your Life cover policy and covers:
All Australian permanent residents aged between 16 to 55 can apply.
You can tailor the benefit amount to suit your needs; you can choose any cover amount between $100,000 and $1,500,000 depending on your age, however this amount cannot exceed the Life cover amount.
All Australian permanent residents between the ages of 16 to 55 (inclusive) may apply for Permanently Unable To Work cover.
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Allianz is proud to be named the winner of the Life Insurance Product of the Year Award at the 2013 Australian Banking and Finance Insurance Awards.Find out more »
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Australia is one of the most under insured nations in the developed world.
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For terms, conditions and exclusions of our insurance, please refer to the Product Disclosure Statement (PDS).
The insurance is issued by Allianz Australia Life Insurance Limited ABN 27 076 033 782, AFSL 296559. The information contained on this website is general information only. It does not take into account your individual objectives or financial situation. You should therefore consider the appropriateness of the insurance having regard to your objectives, financial situation and needs. Prior to making any decision you should read the Allianz Life Plan Product Disclosure Statement and Policy Document (PDS). You should seek advice from your financial adviser before deciding on appropriate insurance cover.