anz income protection insurance pds
TRANSCRIPT
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Ic PciProduCt dISCloSure Statement and PolICy
|28APriL2
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ab his PdS
ThsPoductDsclosueStatementandPolcy(PDS)setsoutthefeatues,benefts,sksandexclusonsofthspoductandpovdesnfomatonaboutthecostsofthepoduct.
ThenfomatonnthsPDSsofagenealnatueand
doesnottakentoaccountyoupesonalneedsandfnancalccumstances.Youshouldconsdetheappopatenessofthenfomaton,havngegadtoyouobjectves,fnancalstuatonandneeds.YoushouldeadthsPDSandconsdewhethethspoductsghtfoyou.
refeencestoyouoyounthsPDSefetothepolcyowneandthelfensued,asnamednthePolcySchedule.
Pic issifyouapplcatonfocoveundethspoductsaccepted,youpolcysssuedbyOnePathLfeLmted(ABN9657 76,AFSL284)(efeedtonthsdocumentasOnePathLfe,OnePath,we,ouous).
Oucontactdetalsae:
oPh lif lii
47KentSteetSydneyNSW2Phone:64
OnePathLfesawhollyownedsubsdayofAustalaandNew ZealandBankngGoupLmted(ANZ)(ABN557 522).ANZsanauthoseddepost
takngnsttuton(Bank)undetheBanking Act 1959(Cth).OnePathLfesthessueofthepoductbutsnotaBank.Exceptassetoutnthessuescontacttems(ncludngthePDS),thspoductsnotadepostoothelabltyofANZotselatedgoupcompanes.Noneofthemstandsbehndoguaanteesthessue.
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23Wh cs k p pic?
Youpolcyconsstsofthefollowngdocuments:
thsPDSandanySupplementayPoductDsclosueStatement(SPDS)wemaysubsequentlypovdetoyou
youPolcySchedule,and
anyendosementsoothenotceswemaygvetoyoun wtng.
Fs
eigibii ppTobeelgbletoapplyfocove,youmust:
beagedbetween8and59
beanAustalanoNewZealandctzenoaholdeofanAustalanPemanentresdencyVsa
becuentlywokngmoethan2houspeweeknyoumanoccupaton
havebeenemployedoself-employedcontnuouslyfo2monthsnAustalaoNewZealandnthe24monthspotoyouapplcatonfocove,and
becuentlyesdngn,andecevngthsPDSn, Austala.
occpi cg
Whenyouapplyfocoveyoumanoccupatonwlldetemnewhetheyouaenthestandadskothe
specalskoccupatoncategoy.
ifyouaeclassedbyusashavngaspecalskoccupaton:
youincomeBeneftsnotpayablefoadsabltycausedbytheoccupatonaldutesyoupefom,and
theoptonalTotalandPemanentDsablty(TPD)Beneftsnotavalable.
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Cv sThefollowngtablesshowthemnmumandmaxmumcoveamountsyoucanapplyfo(dependngonyouoccupatoncategoy)undetheincomeBeneftandtheoptonalTotalandPemanentDsablty(TPD)Beneft.
Wemaylmtthetotalcoveamountwepayundethepolcesyouhavewthus(asdescbednthe
BeneftlmtatonssectonofthsPDS).
Ic Bfi
Occupation
category
Minimum
monthly
beneft
Maximum
monthly
beneft
Standadsk $, 75%ofyoumonthlyeanngs*uptoa
maxmummonthly
beneftof$,
Specalsk $, 75%ofyoumonthly
eanngs*uptoa
maxmummonthlybeneftof$,
* Fotheself-employed(ncludngawokngdecto),monthlyeanngsmeans
thegossmonthlyncomegeneatedbythebusnessasaesultofyou
pesonalexetonafteallowngfothecostsandexpensesncuedndevng
thatncome
o
fyouaeemployed,monthlyeanngsmeansyougossmonthlyncome
eanedfompesonalexetonbywayoftotalemuneatonpackage,ncludngfngebeneftsandanyothetypeofemuneaton.
t P disbii Bfi (opi)
Occupation
category
Minimum
sum insured
Maximum
sum insured
Standadsk $5, $5,
Specalsk Notavalable
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45Bfis
Ic BfiDungthepeodofcove,fduetollnessonjuy,youaeassessedasdsabledandunabletowoknyouegulaoccupaton,wewllpaythemonthlyamountpayablefotheincomeBeneft.
Tobeelgbletoclamfothsbeneftyoumust:
becomedsabledaftethepolcyacceptancedate
bedsabledthoughouttheentewatngpeod,and
becontnuouslydsabledsncetheendofthewatngpeod(unlessyouclamsaecungclam).
YouPolcySchedulewllshowtheincomeBeneft,thebeneftpeodandwatngpeodyouhavechosen.
YoumaydeceasetheincomeBeneftshownonyou
PolcyScheduleatanytme-theamountofcovesguaanteednevetodeceaseunlessyouchoosetodeceaset,oweeducethecovenaccodancewthoulegalghts.
mh pb f hIc Bfi
ThemonthlyamountpayablefoavaldclammaybelessthantheincomeBeneftshownonyouPolcySchedule,dependngonyoupe-clameanngsandothepayments.
ThemonthlyamountpayablefotheincomeBeneftsthelesseof:
theincomeBeneftshownonyouPolcySchedule,o
75%ofyouaveagemonthlype-clameanngslessothepayments.
n: Wemayoffsetanypaymentsdefnedasothepaymentsnthesectonenttled,Glossayofmpotant tems.
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ifyouaeecevngothepayments,wewlleducethemonthlyamountpayablefotheincomeBeneft
(ascalculatedabove)sothatthecombnedtotaloftheamountwepayandtheothepaymentsyouecevesnomoethanthegeateof:
theincomeBeneftothewsepayable,o
75%ofyouaveagemonthlype-clameanngs.
Atthetmeofclamweequeyoutopovdesatsfactoyfnancalevdenceofyoupe-clameanngs.
WewllstoppayngtheincomeBeneftwhenyouaenolongedsabledoattheendofyoubeneftpeod,whcheveoccusfst.
TheincomeBeneftspayablemonthlynaeaswththefstpaymentoccungonemonthaftethewatngpeod ends.
ifyouaedsabledfolessthanamonthaftethewatngpeodends,wewllpay1/30 thofthemonthlyamountpayablefotheincomeBeneftfoeachday
youaedsabled.
o bfi pbYouaeonlyenttledtooneincomeBeneftpayableatanyonetmeundethscove,evenfyousuffemoethanonellnessonjuygvngsetoaclam.
rcig cisifyoullnessonjuyecuswthnsxmonthsofyoulastbeneftpaymentandyouneedtoestatyouclam,wewllteattasacontnuatonofyoupevousclam.inthsccumstance,thewatng
peodwllbewaved.ifyoullnessonjuyecusmoethansxmonthsafteyoulastbeneftpayment,twllbeteatedasasepaateclamandanewwatngpeodandbeneftpeodwllapply.Youmusthavesuffcentlyecoveedfomyoullnessonjuy,andetunedtowoknyouegulaoccupatonoanyotheganfuloccupatonfoatleastsxcontnuousmonthsnodefoustoteattheclamasasepaateclam.
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67Bfi pi
Thebenef tpeodsthemaxmumpeodoftmethatyouwllbepadfoanyonellnessonjuyclamyoumakeundeyouincomeBeneft.
Whenyouapplyfoapolcyyoucanchooseasxmonth,2 monthotwoyeabeneftpeod.
Thebenef tpeodyouhavechosensshownonthePolcySchedule.
Thebenef tpeodsta tsattheendofthewatngpeodandcontnuesuntltheealeof:
theendofthechosenbeneftpeodshownonthePolcy Schedule
thedateyouaenolongedsabled,o
thedateyoupolcyends.
Asepaatebeneftpeodapplesfoeachsepaatellnessonjuyfowhchyoucanmakeaclamundethspolcy,unlesstsaecungclam.ifyouclamsaecungclamthebeneftpeodseducedbyany
pevouspeodsfowhchbeneftsweepadfothatllnessonjuyandnowatngpeodwllapply.
Wiig piThewatngpeodsthepeodyoumustwatbefoetheincomeBeneftbecomespayableundeyoupolcy.
Whenyouapplyfoapolcyyoucanchooseethea dayo9daywatngpeod.ThewatngpeodyouhavechosensshownonthePolcySchedule.
Thewatngpeodstatsthedayyouconsultamedcalpacttoneandecevedadvceconfmngdsablty.
ifyouetuntowoknyouegulaoccupatonoanyotheganfuloccupatondungthewatngpeodfomoethanfveconsecutvedays,thedaysspentatwokwllbeaddedtotheemanngwatngpeod.
ifyouetuntowoknyouegulaoccupatonoanyotheganfuloccupatonfomoethanfve
consecutvedays,andamedcalpacttoneconfmsthatyouaedsabledagan,thewatngpeodwllestatfomthedayaftethelastdayyouwoked.
Asepaatewatngpeodapplesfoeachllnessonjuyfowhchyouaeenttledtomakeaclamundethspolcy,unlesstsaecungclam.
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t P disbiiBfi (opi)
TheTotalandPemanentDsablty(TPD)Beneftsanoptonalcovewhchpovdesalumpsumpaymenttoyoufoavaldclamfyouaeassessedbyusasbengtotallyandpemanentlydsabled.
ThePolcySchedulewllshowfyouhavecove
fotheTPDBeneftncludngthesumnsuedfothsbeneft,andthedatefomwhchthecovecommenced.
UponpaymentoftheTPDBeneft,coveundeyoupolcyfothsbeneftwllendandthepemumpayablefoyoupolcywllbeecalculatedbasedonyouincomeBeneftshownonyouPolcyScheduleoAnnualPolcySummaycuentatthetme.
IxiAteachpolcyannvesay,theincomeBeneftandtheTPDBeneft(fapplcable)wllautomatcallynceasebythendexatonfacto.
AstheincomeBeneftandTPDBeneft(fapplcable)ncease,youpemumwllalsoncease.ifyoudonotwantthendexatonncease,youmustnotfyuswthndaysofthenceaseoccung.
WewllceasetooffendexatonwhenyoueachthemaxmummonthlybeneftfotheincomeBeneftomaxmumsumnsuedfotheTPDBeneft(fapplcable),as shownntheCoveamountssectonofthsPDS.
Bfi psAllbeneftsaepadtoyou.Beneftsaepayable
undethetemsandcondtonsofthepolcy.Youmustalsosatsfyouclamequements.
Bfi iiisWemaylmtthetotalcoveamountwepayundeallpolcesyouhavewthusntwoways:
. ifyouhavemoethanoneANZincomePotectonpolcy,wemaylmtthetotalofallcoveamountspayabletothemaxmummonthlybeneftfotheincomeBeneftandmaxmumsumnsuedfothe
TotalandPemanentDsabltyBeneft(asshownntheCoveamountssectonofthsPDS).
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89
and
2.Wheeyouaethelfensuedundemoethanonepolcyssuedbyus,wemayalsolmttheTotalandPemanentDsabltyBeneft( TPD)coveamountspayableundethspolcysothatthetotaloflumpsumpaymentsdonotexceed$mllon.
ifwelmtcovenaccodancewththssecton,wewllefundpemumsnespectoftheeducedpotonofcoveonapo-atabass.
G ifi
ab h pi
Wecalculateyoupemumatthepolcyacceptancedateandateachpolcyannvesay.ThepemumpayablefothefstyeaofyoupolcywllbeshownonyouPolcy Schedule.
Pemumscanbepadfotnghtly,monthlyoannuallybydectdebtfomacedtcado
bankaccount.
Youneedtopayyoupemumswhenduetokeepyoupolcynfoce,ncludngwhenyouhavemadeaclamoyouaeecevngbeneftsundethspolcy.
Thspolcydoesnothaveasavngs,nvestment,cashosuendevalue.ThepemumsfothspolcyaepadntoouNo.StatutoyFund.
YoumaybeenttledtoeanQantasFequentFlyepontsonthepemumsyoupayfothspolcy.Pleasevstouwebsteatonepath.com.auqff-tems-condtonsfodetals.
discs f pig pis ifyoupayyoupemumannually,adscountwllapply.Thedscountwllbencludednthecalculatonofyouannualpemumamountasshownnyoupemumquotaton.
Pi sWecalculatethepemumbyefeencetoatableofpemumatesfothecove(s)selected.Apemumquotatonwllbepovdedtoyouwhenyouapply.
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insettngthepemumateswetakentoconsdeatonyouage,gende,smokestatus,you
occupatoncategoy,thecostsofsettngupandadmnstengthepolcy,apolcyfeeandanystampdutyandothegovenmentchagesthatmay apply.
Wemaynceasethepemumatesatanytme,butonlyaftegvngyoudaysnotceofthechangeandonlywtheffectfomthepolcyannvesayaftethe
change.Pemumatescannotnceasefoanndvdualpolcywthnadefnedskgoupunlessallpemumatesfoallpolcesnthatdefnedskgoupaenceased.
excsis
Wewllnotpayaclamasngdectlyondectlyfom:
ape-exstngmedcalcondtonoccungnthetwoyeasbefoethepolcyacceptancedate.
Ape-exstngmedcalcondtonsannjuy,llness,condtonoelatedsymptom:
thatyou(oaeasonablepesonnyouposton)weeawaeof,oshouldhavebeenawaeof;o
fowhchyouhad,oweentendngtohave,amedcalconsultaton;o
fowhchaeasonablepesonnyouccumstanceswouldhavehadamedcalconsultaton.
amentalllnesscondton
wa(whethefomallydeclaedonot),hostltes,cvlcommotononsuecton
pegnancy,gvngbth,mscayngohavngapegnancytemnaton.
Howeve,fyouaedsabled(excludngfomamentalllnesscondton)fomoethantheemonthsfomthedatethepegnancyends,wewllpay
beneftsfomtheendofthattheemonthpeod. yountentonalactoomsson
youpatcpatonn,otanngfo,pofessonalspotsospeedcontests
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1011
youvstngacountyfowhchtheAustalanDepatmentofFoegnAffasandTade(DFAT)has
ssuedaDoNotTavelwanngadvcethatsnfocedungthetmeyoustaynthatcounty.
Pic s Coveundeyoupolcybegnsonthepolcyacceptance date.
Youpolcywllendwhentheealestofthefollowngevents occus:
thepolcyannvesayafteyoutun65
cancellatonofyoupolcybyyou
thedatewecancelandoavodyoupolcyn
accodancewthoulegalghts,o
fwedonotecevethepemumswhendue.
CovefotheTPDBeneftendsonthedatewepaythefullTPDBeneftsumnsued-youpemumswllbeecalculatedbasedonyouincomeBeneftshownon
youPolcyScheduleoAnnualPolcySummaycuentat the tme.
a f cvYouaecoveedundeyoupolcy24housaday,65daysayea,anywheenthewold,subjecttothetemsandcondtonsofthspolcy.
Cig-ff pi cciYoumaycancelyoupolcyatanytme.
ifthepolcyscancelledoavodeddungthe2daycoolng-offpeod,wewlletunanypemumspad,povdednoclamhasbeenmade.Aftethecoolng-offpeod,wewllnotefundanymonthlyofotnghtlypemumsfthepolcyscancelled.Wewllpayapoataefundwheepemumsaepadannuallyandyoucancelthepolcybefoethenextannualpaymentsdue.
Youcancancelthepolcywthn2daysofecevng
thePolcySchedulebycontactnguson64.
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Isc isksThensuancesksyoushouldbeawaeofnclude:
thetypeofnsuancecoveyouselectmaynotpovdetheappopatecovefoyouneeds
theamountofnsuancecoveyouselectmaynotbesuffcenttocoveyouneeds,and
fwedonoteceveyoupemumswhendue,wemaycancelthepolcynaccodancewthoulegalghtsandmaynotassessanyclamthatasesfomaneventthatoccusaftethecancellatondate.
d f iscsBefoeyouententoacontactoflfensuancewth
annsue,youhaveaduty,undetheInsuranceContracts Act 1984,todsclosetothensueeveymattethatyouknow,ocouldeasonablybeexpectedtoknow,selevanttothensuesdecsonwhethetoaccepttheskofnsuanceand,fso,onwhattems.
Youhavethesamedutytodsclosethosemattestothensuebefoeyouenew,extend,vayoenstateacontactoflfensuance.
Youdutyhowevedoesnotequedsclosueofmatte:
thatdmnshesthesktobeundetakenby
thensue
thatsofcommonknowledge
thatyounsueknowso,ntheodnaycouseofhshebusness,oughttoknow,o
astowhchcomplancewthyoudutyswaved
bythe nsue.
n-iscsifyoufaltocomplywthyoudutyofdsclosueandthensuewouldnothaveenteedntothecontactonanytemsfthefaluehadnotoccued,the
nsuemayavodthecontactwthntheeyeasofentengntot.ifyounon-dsclosuesfaudulent,thensuemayavodthecontactatanytme.
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1213
Annsuewhosenttledtoavodacontactoflfensuancemay,wthntheeyeasofentengntot,
electnottoavodtbuttoeducethesumthatyouhavebeennsuedfonaccodancewthafomulathattakesntoaccountthepemumthatwouldhavebeenpayablefyouhaddsclosedallelevantmattestothensue.
mispsisifyouapplcatonfocovencludesanymsepesentatonsandthensuewouldnothaveenteedntothecontactonanytemsfthemsepesentatonhadnotbeenmade,thensuemayavodthecontactwthntheeyeasofentengntot.ifyoumsepesentatonsfaudulent,the
nsuemayavodthecontactatanytme.
Annsuewhosenttledtoavodacontactoflfensuancemay,wthntheeyeasofentengntot,electnottoavodtbuttoeducethesumthatyouhavebeennsuedfonaccodancewthafomulathattakesntoaccountthepemumthatwouldhave
beenpayablefyouhadnotmadethemsepesentaton.
Cisifaclamneedstobemade,pleasecallouCustomeSevcesteamon64andwewll
advseyouofallthenecessayequementsandsendtheappopatefoms.
AtthetmeofclamfotheincomeBeneft,weequeyoutopovdesatsfactoyfnancalevdenceofyoupe-clameanngsandanyotheevdencewemayeasonablyequest.
Themaxmumamountpayableundethepolc ywllbetheamountsoftheincomeBeneftandtheTotalandPemanentDsabltyBeneft(fapplcable)asspecfedonyouPolcySchedulewhchwascuentatthetmeoftheevent.AllamountspayablewllbepadtoyounAustalancuency.
Afteyouhavemadeaclam,fyouccumstanceshavechangedyoumaywshtoevewyoulevelofcovebycallngus.
ifweaeequedtopayanytax,dutyogovenmentchageolevyelatngtoanyamountpayabletoyouundethspolcy,wemayeducetheamountwepay
toyoubytheamountofthattax,dutyogovenmentchageolevy.
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txiTaxatonnfomatonnthsPDSsbaseduponountepetatonandthecontnuatonoflegslatonnplaceasatthedatethsPDSspepaed.Thenfomatonsofagenealnatueandmaynotapplytoyoundvdualccumstances.Youshouldseekpofessonaladvceonyouowntaxatonposton.
TheincomeBeneftwllgeneallybeconsdeed
ncomeeplacement.Theefoethepemumsmaybetaxdeductbleandbeneftspadwllgeneallybeassessableasncome.
TheTPDbeneftsgeneallynotconsdeedtobencomeeplacement.Theefoethepemummaynotbetaxdeductbleandbeneftspadwllgeneallynot
beassessableasncome.
Cpi siPleasecontacttheCustomeSevcesteamon64fyouaedssatsfedwthanymatteelatngtoyoupolcyothemannenwhchaclamshandled.
ifyouaedssatsfedwthOnePathsesponse,youcancontacttheFnancalOmbudsmanSevce,anndependentbodywhosesevcesaeavalabletoyouatnocost,bycallng7888,[email protected],Melboune,Vctoa.
Pivc Sinthssectonwe,usandouefestoOnePathLfeandothemembesoftheANZGoup.Weaecommttedtoensungtheconfdentalty,secutyandpvacyofyoupesonalnfomaton.Youandyouefestothepolcyowneandlfensued.
Wecollectyoupesonalnfomatontopovdeyouwththepoductsandsevcesyouequest.Wthoutyoupesonalnfomaton,wemaynotbeabletopocessyouapplcatonopovdeyouwththepoductsosevcesyoueque.
inodetomanageandadmnstethepoductsandsevcesequestedbyyou,wemayneedtodscloseyoupesonalnfomatontocetanthdpates,ncludng:
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1415
othemembeswthntheANZGoup,totheextentnecessaytosevceouelatonshpwth
youandcayonbusnessasagoup
ogansatonspefomngadmnstatonocomplancefunctonsnelatontothepoductsandsevces
ogansatonsmantanngounfomatontechnology systems
authosedfnancalnsttutons
ogansatonspovdngsevcessuchasmalng,pntnganddatavefcaton,o
apesonwhoactsonyoubehalf(suchasyoufnancaladvseoyouagent).
Folfeskpoductswecollecthealthnfomatonwthyouconsent.Youhealthnfomatonwllonlybedsclosedtosevcepovdes,ensuesoogansatonspovdngmedcaloothesevcesfothepuposeofundewtng,assessngtheapplcatonoassessnganyclam.
Wemayalsodscloseyoupesonalnfomatonnccumstanceswheeweaeequedtodosobylaw.
Wemaysendyounfomatonaboutoufnancalpoductsandsevcesfomtmetotme.Youmayelectnottoecevesuchnfomatonatanytmeby
contactngCustomeSevceson64.YoumayaccessthepesonalnfomatonOnePathholdsaboutyou,subjecttopemttedexceptonsandsubjecttoOnePathstllholdngthatnfomaton,bycontactngOnePathat:
Pivc offic oPh
GPOBox75SydneyNSW2Phone:29248Fax:2924895Emal:[email protected]
ifanyofyoupesonalnfomatonsncoectohas
changed,pleaseletOnePathknowbycontactngCustome Sevces.
MoenfomatoncanbefoundnOnePathsPvacyPolcywhchcanbeobtanedfomtswebsteatonepath.com.au
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aiv F f ri rgisOnePathLfemantansanAltenatveFomofremuneatonregste(regste)naccodancewththeFnancalSevcesCouncl(FSC)industyCodeofPactceonAltenatveFomsofremuneatonntheWealthManagementindusty.
Theregsteoutlnesthealtenatvefomsofemuneatonwhchaepadandecevedfom
gvesandecevesofsuchemuneaton.TheregstespublclyavalableandcanbeaccessedbycontactngOnePathLfe.Thsnsuancepoductdoesnotpayoeceveanyaltenatve emuneaton.
Hw bi p ifi
ThenfomatonnthsPDSmaychangefomtmetotme.Updatednfomatonwllbeavalablefeeofchagefomonepath.com.aumpotant-nfomatonocall64foapapecopy.WewllssueasupplementayoeplacementPDSftheesamateallyadvesechangetoo omssonfomnfomatonnthsPDS.
Gss f ip s
bfi pi:Themaxmumpeodyouwllbepad
foanyonellnessonjuyclamundeyouincomeBeneftassetoutnyouPolcySchedule.
isb/isbii:Duetoanllnessonjuyoccungaftethepolcyacceptancedate,youae:
confmedbyamedcalpacttoneasbengunabletopefomtheusualdutesofyouegula
occupatonnecessaytopoducencome
youaefollowngtheadvceofamedcalpacttonenelatontoyoullnessonjuyfowhchyouaeclamng,and
youaenotengagednyouegulaoccupatonnoanyotheganfuloccupaton.
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1617
p/sf-p: Youaeemployedoself-employed(ncludngawokngdecto)na
ganfuloccupatonfosalay,ewadopoftnanybusness,pofessonooccupatonandwokngmoethan2houspeweek.
Employmentoself-employmentncludesmatenty,patenty,oothepadounpadleave.
iss:Anllnessodseasewhchbecomeseasonably appaent.
ii fi b:
Youpatne
Youson,daughte,fathe,mothe,fathe-n-lawomothe-n-law,botheosste.
ixi fc:ThendexatonfactosdetemnedeachyeabasedonthepecentagenceasentheConsumePceindex(CPi)(theweghtedaveageofeghtcaptalctescombned),aspublshedbytheAustalanBueauofStatstcs(otssuccesso)fothe2monthpeodendngon
Decembeeachyea.iftheCPieducesovetheelevantpeod,thendexatonfactowllbezeo.
AnysubsequentnceasesntheCPiwllfstbeoffsetaganstpevouseductonsntheCPiwhenwedetemnethenextndexatonfacto.iftheCPisnotpublshed,wewllcalculatethendexatonfacto
fomanotheetalpcendexwhch,nouactuaysopnon,stheclosesttot.
ij:Abodlynjuywhchoccus.
i ccpi:Thepmayoccupatonthatyouaeemployedoself-employedn(ncludngawokngdecto),wokngmoethan2houspeweekattmeofapplcaton.
ic csi: Anyactvtyundetakenfothedetecton,teatmentomanagementofanllness,njuy,medcalcondtonoelatedsymptom,ncludngbutnotlmtedtotheapplcatonofpescbeddugsotheapy(whetheconventonaloaltenatve).
ic pcii: AegsteedandqualfedmedcalpacttonenAustalaonanothecounty,asappovedbyus,whosnotyou,oabusnesspatneoothemmedatefamlymembeofyous.
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iss cii: AnymentalllnesscondtonclassfedntheDagnostcandStatstcalManualof
MentalDsodes,VolumeiV,publshedbytheAmecanPsychatcAssocaton(osucheplacementosuccessopublcatonweappove,ofnonethenacompaablepublcatonasselectedbyus)whchscuentatthestatofthepeodofdsablty.Suchmentalllnesscondtonsnclude,butaenotlmtedto:
stess(ncludngposttaumatcstess)
physcalsymptomsofapsychatcllness
anxety
depesson
psychoneuoss
psychotc,pesonalty,emotonalobehavoualdsodes,o
dsodeselatedtosubstanceabuseanddependencywhchncludesalcohol,dugochemcaldependency.
Mentaldsodesdonotncludedementa(exceptwheethedementaselatedtosubstanceabuseodependency),Alzhemesdseaseoheadnjues.
h igs:
ifyouaeself-employed(ncludngawokng
decto),thegossmonthlyncomegeneatedbythebusnessasaesultofyoupesonalexetonafteallowngfothecostsandexpensesncuedndevngthatncome
ifyouaeemployed,yougossmonthlyncomeeanedfompesonalexetonbywayoftotal
emuneatonpackage,ncludngfngebeneftsandanyothetypeof emuneaton.
h ps: Othepaymentsae:
wokescompensaton
compensatonfomotovehclenjuy
paymentsmadeundestatute,egulatonoodnance
damagespadundecommonlawwhethemodfedonotbystatute
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paymentsecevedfomanyothedsabltyncome,llnessonjuypolces,ncludnggoup
nsuancepolces,o
sckleavepaymentseceved.Thsdoesnotncludeanenttlementtosckleavewhentsnotecevedotakenbyyou.
ifanyoftheothepaymentsaepadnalumpsumweconvettotsequvalentntemsofmonthlyeanngs.Wecalculatethsbasedonactuaaladvce,bylookngattheccumstancesnwhchthepaymentsweemade.
Othepaymentsdonotnclude:
anybusnessexpensesdsabltynsuance
ndemnfyngaganstbusnessexpenses paymentsmadetodependentchlden
totalandpemanentdsabltybenefts,taumabenefts,temnalllnessbeneftsosupeannuatonbenefts,o
paymentsofsumsawadedbyacoutfopanand suffeng.
p:Aspouse,de-factospouseopesonlvngnabonafdedomestclvngaangementwthyou,espectveofthegende,wheeetheobothpovdestheothewthfnancalsuppot,domestc
suppotandpesonalcae.pic:Thecontactbet weenyou,thepolcyowne,and OnePath.
pic ccpc :Thedateweacceptyouapplcatonandwhencovestats,assetoutnthePolcy Schedule.
pic ivs:Theannvesaydateofthepolcyacceptancedate.
pic w:Theowneofthepolcy,asnamednthePolcySchedule.
Pic Sch:ThedocumententtledPolc y
SchedulessuedbyOnePathconfmngthedetalsofthelfensuedandthepolcyownesnsuancecoveundethepolcy.
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p-ci igs:Thecalculatonofthehghestaveageamountofmonthlyeanngsfoanypeodof
2 consecutvemonthsnthetwoyeasmmedatelybefoeyou become dsabled.
ifyouaeonmatenty,patentyoothepadounpadleaveandyoubecomedsabled,youpe-clameanngswllbethehghestaveageofthemonthlyeanngsyouhaveeanedfoanypeodof
2consecutvemonthsnthetwoyeasmmedatelybefoeyouleavecommenced.
Atthetmeofclam,weequeyoutopovdesatsfactoyfnancalevdenceofyoupe-clameanngsandanyotheevdencewemayeasonablyequest.
sb pp: Aeasonablepesonntheccumstancescouldbeexpectedtohavebeenawaeofthe symptoms.
g ccpi:Theoccupatonnwhchyouaeegulalyengaged(.e.youeanyouncome,salayowagefom)atthetmeyousuffeanllnessonjuy.
ifyouegulaoccupatonslmtedtoaecognsedspecaltywthnthescopeofyoudegeeolcence,youspecaltysyouegulaoccupaton.
ifyoubecomedsabledwhleyouaeunemployedoonmatenty,patentyoothepadounpadleave,youegulaoccupatonmeansthelastoccupaton
youpefomedbefoeyoubecameunemployed,oyouwenton matenty,patentyoothepadounpadleave.
Aftesxmonthsofyouunemployment,matenty,patenty,padounpadleave,youegulaoccupatonsanyoccupatonthatyouaeeasonably
capableofpefomnghavngegadtoyoueducaton,tanngand expeence.
spci isk:AnoccupatonthatweclassasspecalskonyouPolcySchedule.
s isk: AnoccupatonthatweclassasstandadskonyouPolcySchedule.
p isbii: WewllpaytheTPDBeneftf,asaesultofllnessonjuy,yousatsfyoneofthefollowngdefntons:
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a. youhavebeenabsentfom,andunabletowoknyouegulaoccupatonoanyotheganful
occupaton,fotheeconsecutvemonths,and
b.youaedsabledattheendofthspeodoftheeconsecutvemonths,tosuchanextentthatyouaeunlkelyeveagantobeabletoengagenanyoccupatonfowhchyouaeeasonablysutedbyeducaton,tanngo expeence.
Thedateoftotalandpemanentdsablementwllbethedatetheemonthsafteyoupemanentlycease employment.
2a.yousuffeapemanentmpamentofatleast
25%ofwholepesonfunctonasdefnedntheAmecanMedcalAssocatonpublcatonGudestotheEvaluatonofPemanentimpament,4thedton,oanequvalentgudetompamentappovedbyus,and
2b.youaedsabledtosuchanextentthat,asaesult,
youaeunlkelyeveagantobeabletoengagenanyoccupatonfowhchyouaeeasonablysutedbyeducaton,tanngoexpeence.
. yousuffethetotalandpemanentlossoftheuseof:
twolmbs,o
thesghtnbotheyes,o
onelmbandthesghtnoneeye.
(wheelmbsdefnedasthewholehandothe
wholefoot)
4. yousuffelossofndependentexstence,whchmeansyouaetotallyandpemanentlyunabletopefomatleasttwoofthefveactvtesofdalylvngwthouttheassstanceofanotheadult
peson.Actvtesofdalylvngae:
bathngandoshoweng
dessngandundessng
eatnganddnkng
usngatolettomantanpesonalhygene,o
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gettngnandoutofbed,achaowheelcha,omovngfomplacetoplace
bywalkng,wheelchaowththeassstanceofawalkngad.
5. yousuffecogntveloss,whchmeansatotalandpemanentdeteoatonolossofntellectualcapactythathasequedyoutobeundecontnuouscaeandsupevsonbyanadultpesonfoatleastsxconsecutvemonthsand,attheendofthatsxmonthpeod,youaelkelytoequeongongcontnuouscaeandsupevsonbyanadultpeson.
Sviv pi f tPd Bfi
Focondtonstwo,theeandfouoftheTPDdefnton,youmustsuvvewthoutlfesuppotfoeghtdaysfomthedateyousatsfytheTPDdefntonfoaTPDBenefttobepad.
p/p: Youaenotengaged
nanyganfuloccupatonfosalay,ewadopoft.wiig pi:ThepeodyoumustwatbefoebeneftsbecomepayableundethepolcyfotheincomeBeneft,assetoutnyouPolcySchedule.
dic dbi Svicig ag
o ci Wewll:
aangefofundstobedebtedfomyouaccount
asauthosedntheDectDebtrequest
gveyouatleast4daysnotcenwtngbefoechangngthetemsofthedebtngaangements,unlessthechangesaemadeatyouequest,and
keepnfomatonelatngtoyouDectDebtrequestpvateandconfdental.
ifthedateonwhchweusuallydebtyouaccountfallsonaweekendopublcholday,youaccountwllbedebtedonthenextwokngday.
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y ci sitsyouesponsbltyto:
ensueyounomnatedaccountcanacceptDectDebtsandthatallaccountholdesonthenomnatedaccountageetothedebtngaangements
ensuethattheaccountdetalsthatyouhave
povdedaecoectbycheckngthemaganstaecentaccount statement
advseusfthenomnatedaccountstansfeedoclosed,otheaccountdetalshavechanged
ensuetheeaesuffcentfundsavalablenthenomnatedaccounttomeeteachDectDebt,and
checkwthyoufnancalnsttutonbefoecompletngtheDectDebtrequest,ntheeventthatyouhaveanyqueesabouthowtocompletetheDectDebtrequest.
iftheeaensuffcentfundsnyouaccount,youmay
bechagedafeebyyoufnancalnsttuton.Wewllnotchageafee.
y ighsYoumaydefe,alteocancelthedebtngaangementsyouholdwthusatanytmebypovdngnotcetous.
Suchnotceshouldbeecevedatleast4daysbefoethenextdebtsdue.
Whenyouconsdethatadebthasbeenntatedncoectly,youshouldcontactOnePathdectly.Wewllthennvestgateyouquey.
ifwefndthatyouaccounthasbeenncoectlydebted,wewllaangefoyoufnancalnsttutontoadjustyouaccount(ncludngnteestandchages)accodngly.Wewllalsonotfyyounwtngoftheamountbywhchyouaccounthasbeenadjusted.
ifwefndyouaccounthasnotbeenncoectly
debted,wewllpovdeyouwtheasonsandanyevdencefoths fndng.
ifwecannotesolvethsmatte,youcanstllefettoyoufnancalnsttuton,whchmaylodgeaclamonyoubehalf.
2323
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AustraliaandN
ewZealandBankin
gG
roupLimited(ANZ)ABN11005357522.ANZ
scolourblueisatrade
markofANZ.
A2731/0311
64weekdaysbetween9amand6pm(AEST)
Cs Svics
OnePathLfeLmted47KentSteetSydneyNSW2