To assist our life insurance customers adversely impacted by the 2019–2020 bushfires we are offering a Bushfire Assistance Package which provides a premium waiver period of 3 months for eligible life insurance policies. Cover will continue on the policies during the premium waiver period under this package.
Our claims team want to support you during this time and can provide additional support with your new or ongoing claim by making advanced payments of your benefit and helping to gather any necessary claim requirements.
Eligible policy holders can apply for this assistance from 1 November 2019 until 30 June 2020.
To access the Bushfire Assistance Package, please contact your financial adviser or contact us directly by phoning 1300 553 764 from Monday – Friday, 8:00am – 6:30pm (AEST).
The Bushfire Assistance Package is available for our life insurance customers until 30 June 2020.
Eligible life insurance policy holders will receive a 3 month premium waiver at policy next payment date.
Cover will continue while premiums are being waived under this package.
Eligibility
To be eligible for the 3 month premium waiver, customers must:
Policy holders who do not meet the criteria above are encouraged to contact us for a special consideration of their circumstances.
Once satisfactory evidence is received we will apply the premium waiver on the policy and provide you with confirmation.
Additionally, specialised claims services will be available for eligible customers.
Call us on 1300 553 764 from Monday to Friday, 8:00am – 6:30pm (AEST) or speak to your financial adviser.
From Jan – Sep 2019, the Protection Plans Drought Assistance Package was offered to eligible farmers in NSW and QLD holding Protection Plans life insurance.
Offer extended: Effective 1 Dec 2019, due to the impact of the ongoing drought, this package is being re-launched across all of Australia.
The purpose of the Protection Plans Drought Assistance Package is to offer premium relief to farmers while helping them maintain their existing life insurance policy. Eligible Protection Plans policyholders will receive a 3 month premium waiver on all policies, including those in super. Policies will continue to provide cover while premiums are being waived.
Eligible Protection Plans policy holders can apply for this assistance between 1 Dec 2019 – 30 June 2020.
To access the Protection Plans Drought Assistance Package, please contact your financial adviser or contact us directly by phoning 1300 553 764 from Monday – Friday, 8:00am – 6:30pm (AEST).
To access the Protection Plans Drought Assistance Package, please contact your financial adviser or contact us directly by phoning the Customer Relations team on 1300 553 764.
We will apply a 3-month premium waiver to Protection Plans policies that meet the following eligibility criteria:
Once satisfactory evidence is received we will apply the premium waiver at next premium payment date and provide confirmation.
Additionally, specialised claims services will be available for eligible customers, similar to those provided during financial hardship claim cases.
Details of State and Federal Government Drought assistance are available at:
Federal: https://www.humanservices.gov.au/individuals/services/centrelink/farm-household-allowance
NSW: https://www.dpi.nsw.gov.au/climate-and-emergencies/droughthub/drought-assistance
SA: https://www.pir.sa.gov.au/grants_and_assistance/drought_support
WA: https://www.agriculture.gov.au/ag-farm-food/drought
ACT: https://www.agriculture.gov.au/ag-farm-food/drought/assistance
NT: https://www.agriculture.gov.au/ag-farm-food/drought
Protection Plans Drought Assistance Package application period
The application period for the Protection Plans Drought Assistance Package starts on 1 Dec 2019 and runs until 30 June 2020.
For more information
If you have any questions about the Protection Plans Drought Assistance Package, please speak to your financial adviser, or call us on 1300 553 764 from Monday – Friday, 8:00am – 6:30pm (AEST).
Call us on 1300 553 764 from Monday to Friday, 8:00am – 6:30pm (AEST) or speak to your financial adviser.
The Insurer of Protection Plans is Westpac Life Insurance Services Limited (WLIS) ABN 31 003 149 157, except for Term Life as Superannuation and Income Protection as Superannuation which are issued by BT Funds Management Limited ('BTFM') ABN 63 002 916 458, AFSL Number 233724 as trustee of the Retirement Wrap ABN 39 827 542 991. WLIS and BTFM are wholly owned subsidiaries of Westpac Banking Corporation ABN 33 007 457 141 (the Bank). The Bank does not guarantee the insurance. This information does not take into account your personal circumstances. Terms and conditions, and limitations and exclusions apply. Read the Product Disclosure Statement to see if this insurance is right for you.