Ezicover Term pays a lump sum on death or terminal illness where life expectancy is less than 12 months. You can choose the cover you need between $50,000 up to $1,500,000 depending on your age. Up to age 45 you can have $1,500,000 cover; up to 54 you can have $1,000,000; or, if you are aged between 55 & 59 years you can select cover up to $750,000. Also your cover is renewable each year until the policy anniversary following your 99th birthday as long as your premiums are paid when due.
Ezicover Funeral Plan pays a lump sum on death, There are 3 levels of cover available either $5,000, $10,000 or $15,000 and you can apply if aged between 35 and 70 years.
Yes the online application process makes it easy for you both to apply and you will receive a discount on the total premium on acceptance of both Applications – normally around $ 4.76 per month.
The Policy is normally owned by the Life Insured. However you can nominate someone else to be the policy owner (for example, a spouse), or you can be a joint owner (perhaps in the case of a husband and wife). Additionally if you have a self-managed super fund, some polices can be owned by the fund.
We can cancel your policy if a premium remains unpaid for 30 days after it was due. This means you will not be covered and you cannot make a claim. The Policy Document contains information about applying to have a lapsed policy reinstated. We may decide not to reinstate the policy or impose additional conditions on the policy.
Premiums are not guaranteed and can change from time to time. Any change, however, will affect all policies in the same category, not just an individual policy. Zurich will notify you of any changes to premium rates at least 30 days prior to the change taking effect.
In most cases, you cannot claim a tax deduction for the premiums you pay for your policy. Any benefit received would not normally be assessable for taxation purposes. This information is a guide only and is based on current taxation laws, their continuation and their interpretation. For information about your individual circumstances, contact your tax adviser.
The cost to you is the monthly premium amount. The premium amount is determined by your individual circumstances, such as age, occupation or if you smoke. You can find out what your monthly premium amount will be by clicking on the "Get a Quote" button.
The premium can be paid by direct debit from your bank account or credit card monthly. You can also elect to pay the premium annually. You should seek advice from your accountant or tax adviser as premiums for products like income protection insurance are normally tax deductible, which may save you money.
You will not normally be asked to complete any medical tests as part of your application for 1300 Insurance Ezicover Insurance, however some personal circumstances will mean you do not qualify for immediate cover. In this circumstance you may be asked to provide more medical information, and 1300 Insurance will contact you to discuss your options.
1300 Insurance offers you the convenience of purchasing a range of Life Insurance products online, without any medical check-ups or other hassles. This might be perfect for some people, but there can be a variety of reasons you might want to talk to a life insurance broker. If you are unclear about anything you have read or would simply like to discuss your options, then you should contact 1300 Insurance (1300 543 327). If your would like personalised advice, contact one of our licensed Life Insurance advisers by calling 1300 Life Insurance (1300 543 346). You can also use our online form to request a life insurance quote tailored specifically to you.
1300 Insurance Pty Ltd, a corporate authorised representative of Charter Planning ABN 35 002 976 294 AFSLN 234665 (1300 Insurance), is authorised to distribute and arrange for the issue of 1300 Insurance Ezicover products. The issuer of 1300 Insurance Ezicover products is Zurich Australia Limited ABN 92 000 010 195, AFSLN 232510 of 5 Blue Street, North Sydney, NSW 2060 (Zurich). This information is general in nature and does not take into account personal objectives, financial situation or needs. This information is a summary only and there are relevant exclusions and conditions described in the Product Disclosure Statement (PDS). You should refer to the PDS for further information before making a decision about Ezicover Insurance. If you buy an Ezicover policy, Charter will receive a referral commission from Zurich of up to seventy percent, plus GST, of your insurance premium.
