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Meet Lauren (19 years old)

Lauren is a 19 year old student with default insurance.

Lauren’s Death and TPD cover amount is $50,000. The annual premium for this cover is $49.40 (weekly premium for a member aged 20 next birthday $0.95 x 52 = $49.40).

Her Death cover will eventually increase to $131,500 by age 34 when a higher level of death cover may be more relevant, however her TPD cover will remain at $50,000 until she reaches age 39, after which time it will begin to decrease over time.

Need more information?

Learn more in the insurance booklet. For assistance, call 1800 680 627 between 8am and 6pm AEDT weekdays, or alternatively, submit an enquiry.