In August 2018, New South Wales and Queensland State Governments declared 100% and 60% of their states were in drought respectively. We are offering a Drought Assistance Package which provides a premium waiver period of 6 months for eligible Protection Plans life insurance customers in the affected regions. Policy holders can apply for this assistance from 14 January until 30 Sept 2019.
View the terms and conditions of the Protection Plans Drought Assistance package.
If you have any questions about the Protection Plans Drought Assistance Package, please speak to your financial adviser, or call us on 1800 025 127, Monday to Friday, 8.00am - 6.30pm (AEST).
To assist customers adversely impacted by the Townsville and North Queensland floods in late January and early February 2019, we are offering a Flood Assistance Package which provides a premium waiver period of 3 months for eligible Protection Plans life insurance policies. Policy holders can apply for this assistance from 1 May until 30 Sept 2019.
View the terms and conditions of the Protection Plans Flood Assistance package.
If you have any questions about the Protection Plans Flood Assistance Package, please speak to your financial adviser, or call us on 1800 025 127, Monday to Friday, 8.00am - 6.30pm (AEST).
View terms and conditions below which will be attached to the relevant links in these packages:
Eligibility
To access the Flood Assistance Package, you or your financial adviser will need to contact Customer Relations by phoning 1800 025 127.
We will apply the 3 month premium waiver on Protection Plans policies that meet the following eligibility criteria:
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, similar to those provided during financial hardship claim cases.
Local government areas declared flood disaster zones
Details of the Government assistance payments are available at:
Protection Plans Flood Assistance Package offer availability
Protection Plans Flood Assistance Package will be available from 1 May through to 30 September 2019.
Customers who pay premiums annually are eligible to receive the 3 month premium waiver at next payment date.
Eligibility
To access the Drought Assistance Package, you or your financial adviser will need to contact Customer Relations by phoning 1800 025 127.
We will apply the 6 month premium waiver on Protection Plans policies that meet the following eligibility criteria:
Once satisfactory evidence is received, we will apply the premium waiver on the policy and provide you with confirmation.
*Policies owned via Super and SMSF are unable to receive the premium waiver
Additionally, specialised claims services will be available for eligible customers, similar to those provided during financial hardship claim cases.
Eligible occupations listed on the Protection Plans policy
Occupation |
Sub-category |
Cane Farmer |
Cane Labourer/Worker/Harvester |
Owner/Manager |
|
Dairy Industry |
Farmer/Proprietor |
Farm Labourer/Employee |
Permanent Employee |
Farm Proprietor |
More than 5 staff |
Up to 5 staff |
|
Farming Industry (Proprietor/Owner/Manager) |
Beef Cattle |
Dairy |
|
Farmer Grazier/Owner |
|
Fruit/Vegetable Grower/Orchardist |
|
Grain/Wheat |
|
Grape Grower |
|
Mixed Farming |
|
Orchardist (Qualified) |
|
Poultry/Pig |
|
Sugarcane |
|
Poultry Farmer |
Manager Only |
Other than Manager |
Details of the Federal Government Farm Household Allowance are available at:
https://www.humanservices.gov.au/individuals/services/centrelink/farm-household-allowance
Protection Plans Drought Assistance Package offer availability
You can apply for the Protection Plans Drought Assistance Package from 14th January through to 30 September 2019.
Customers who pay premiums annually are eligible to receive a pro rata premium waiver at next payment date.
Call us on 1800 025 127, or speak to your financial adviser.
Things you need to know
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 Westpac Securities Administration Limited ('WSAL') ABN 77 000 049 472, AFSL Number 233731 as trustee of the Westpac MasterTrust ABN 81 236 903 448. WLIS and WSAL 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.