The maximum cover for:
- Death cover is $5,000,000, and
- TPD cover $3,000,000.
Your insurance cover starts on the day your Application for insurance is accepted and BUSSQ advises you in writing that your cover has been accepted. Any increase in cover starts on the day your application for cover is accepted and BUSSQ advises you in writing that your cover has been accepted.
The benefit you are provided with is fixed - meaning your level of cover generally stays the same, but as you get older, the cost of cover increases. Fixed cover is available in multiples of $1,000. You can have different amounts of Death &TPD cover but your TPD cover cannot exceed your Death cover.
See changes to insurance effective 1 March 2017
Please note: In the event of a dispute, the insurance policy document will override the relevant Product Disclosure Statement and the information contained within this website.