Maintain my Insurance through Wrap

  • Your adviser can arrange Term Life, Income Protection, Living (Trauma) and Total and Permanent Disability (TPD) Insurance via BT Wrap and Term Life, Income Protection and Total and Permanent Disability (TPD) Insurance via BT SuperWrap.
  • They can arrange quotes and track your application online and then access your policy details from the same Wrap platform that manages your investments. This makes it easier for them to take an integrated approach to growing and protecting your wealth.
  • Your insurance premiums are automatically deducted from your Wrap Cash Account on the last business day of the month.

Paying your premiums

Your insurance premiums are automatically deducted from your Wrap Cash Account on the last business day of the month. That means you’ll never miss a renewal.

If your Wrap Cash Account has insufficient funds to cover the premiums, an automatic drawdown facility will sell some of your other assets in line with your nominated drawdown strategy to make sure your cover is always in force.