BT Protection Plans include a range of cover options for business owners, employees, families, individuals with high net worth or in specialised professions, and those planning their estates.

Term Life pays a benefit if the insured person dies or suffers a terminal illness. If the insured person is the main breadwinner in the family, it can be used to protect their family’s future.

Total and Permanent Disability Benefit is available as a standalone policy, as an additional benefit on a Term Life Policy, or under Flexible Linking. There are four definitions of TPD cover.

Living Insurance is available as a standalone policy, as an additional benefit on a Term Life Policy, or under Flexible Linking. It provides a lump sum payment in the event of a serious illness or injury.

An Income Protection policy provides your client with a monthly benefit to replace a portion of the income lost when the insured person is unable to work at their full capacity due to sickness or injury.

Business Overheads can be vital to the survival of a business. It pays a monthly benefit to help cover the day to day costs of running a business for up to 12 months, if the insured person is disabled because of sickness or injury and is unable to work at their full capacity in their business.

Documents and downloads

Speak to your Business Development Manager or call BT Adviser Services

*25% discount on the first year's premium only. Please consider the ongoing premium and likely future increases in premium, in deciding whether to take out the insurance. Unless withdrawn earlier, the discount is only available for quotes generated on or prior to 30 September 2021, where any subsequent application is lodged prior to 31 October 2021. The 25% discount applies to first year premiums only and is not covered under the two (2) year rate guarantee. Your client’s premium will change once the discount concludes.

The Insurer of BT Protection Plans is Westpac Life Insurance Services Limited ABN 31 003 149 157 AFSL 233728 ('the Insurer'). BT Protection Plans are issued by the Insurer except for Term Life as Superannuation and Income Protection as Superannuation which are issued by BT Funds Management Limited ABN 63 002 916 458 AFSL 233724 ('BTFM') as trustee of the Retirement Wrap ABN39 827 542 991. The Insurer and BTFM are wholly owned subsidiaries of Westpac Banking Corporation ABN 33 007 457 141 ('the Bank'). The Bank does not guarantee payments under the insurance. Please read the Product Disclosure Statement available at to see if this insurance is right for your client. This information does not take into account any personal objectives, financial situation or needs.