ANZ Income Protection Insurance PDS

7/31/2019 ANZ Income Protection Insurance PDS

1/24

Ic PciProduCt dISCloSure Statement and PolICy

|28APriL2


2/24

ab his PdS

ThsPoductDsclosueStatementandPolcy(PDS)setsoutthefeatues,benefts,sksandexclusonsofthspoductandpovdesnfomatonaboutthecostsofthepoduct.

ThenfomatonnthsPDSsofagenealnatueand

doesnottakentoaccountyoupesonalneedsandfnancalccumstances.Youshouldconsdetheappopatenessofthenfomaton,havngegadtoyouobjectves,fnancalstuatonandneeds.YoushouldeadthsPDSandconsdewhethethspoductsghtfoyou.

refeencestoyouoyounthsPDSefetothepolcyowneandthelfensued,asnamednthePolcySchedule.

Pic issifyouapplcatonfocoveundethspoductsaccepted,youpolcysssuedbyOnePathLfeLmted(ABN9657 76,AFSL284)(efeedtonthsdocumentasOnePathLfe,OnePath,we,ouous).

Oucontactdetalsae:

oPh lif lii

47KentSteetSydneyNSW2Phone:64

OnePathLfesawhollyownedsubsdayofAustalaandNew ZealandBankngGoupLmted(ANZ)(ABN557 522).ANZsanauthoseddepost

takngnsttuton(Bank)undetheBanking Act 1959(Cth).OnePathLfesthessueofthepoductbutsnotaBank.Exceptassetoutnthessuescontacttems(ncludngthePDS),thspoductsnotadepostoothelabltyofANZotselatedgoupcompanes.Noneofthemstandsbehndoguaanteesthessue.


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23Wh cs k p pic?

Youpolcyconsstsofthefollowngdocuments:

thsPDSandanySupplementayPoductDsclosueStatement(SPDS)wemaysubsequentlypovdetoyou

youPolcySchedule,and

anyendosementsoothenotceswemaygvetoyoun wtng.

Fs

eigibii ppTobeelgbletoapplyfocove,youmust:

beagedbetween8and59

beanAustalanoNewZealandctzenoaholdeofanAustalanPemanentresdencyVsa

becuentlywokngmoethan2houspeweeknyoumanoccupaton

havebeenemployedoself-employedcontnuouslyfo2monthsnAustalaoNewZealandnthe24monthspotoyouapplcatonfocove,and

becuentlyesdngn,andecevngthsPDSn, Austala.

occpi cg

Whenyouapplyfocoveyoumanoccupatonwlldetemnewhetheyouaenthestandadskothe

specalskoccupatoncategoy.

ifyouaeclassedbyusashavngaspecalskoccupaton:

youincomeBeneftsnotpayablefoadsabltycausedbytheoccupatonaldutesyoupefom,and

theoptonalTotalandPemanentDsablty(TPD)Beneftsnotavalable.


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Cv sThefollowngtablesshowthemnmumandmaxmumcoveamountsyoucanapplyfo(dependngonyouoccupatoncategoy)undetheincomeBeneftandtheoptonalTotalandPemanentDsablty(TPD)Beneft.

Wemaylmtthetotalcoveamountwepayundethepolcesyouhavewthus(asdescbednthe

BeneftlmtatonssectonofthsPDS).

Ic Bfi

Occupation

category

Minimum

monthly

beneft

Maximum

monthly

beneft

Standadsk $, 75%ofyoumonthlyeanngs*uptoa

maxmummonthly

beneftof$,

Specalsk $, 75%ofyoumonthly

eanngs*uptoa

maxmummonthlybeneftof$,

* Fotheself-employed(ncludngawokngdecto),monthlyeanngsmeans

thegossmonthlyncomegeneatedbythebusnessasaesultofyou

pesonalexetonafteallowngfothecostsandexpensesncuedndevng

thatncome

o

fyouaeemployed,monthlyeanngsmeansyougossmonthlyncome

eanedfompesonalexetonbywayoftotalemuneatonpackage,ncludngfngebeneftsandanyothetypeofemuneaton.

t P disbii Bfi (opi)

Occupation

category

Minimum

sum insured

Maximum

sum insured

Standadsk $5, $5,

Specalsk Notavalable


5/24

45Bfis

Ic BfiDungthepeodofcove,fduetollnessonjuy,youaeassessedasdsabledandunabletowoknyouegulaoccupaton,wewllpaythemonthlyamountpayablefotheincomeBeneft.

Tobeelgbletoclamfothsbeneftyoumust:

becomedsabledaftethepolcyacceptancedate

bedsabledthoughouttheentewatngpeod,and

becontnuouslydsabledsncetheendofthewatngpeod(unlessyouclamsaecungclam).

YouPolcySchedulewllshowtheincomeBeneft,thebeneftpeodandwatngpeodyouhavechosen.

YoumaydeceasetheincomeBeneftshownonyou

PolcyScheduleatanytme-theamountofcovesguaanteednevetodeceaseunlessyouchoosetodeceaset,oweeducethecovenaccodancewthoulegalghts.

mh pb f hIc Bfi

ThemonthlyamountpayablefoavaldclammaybelessthantheincomeBeneftshownonyouPolcySchedule,dependngonyoupe-clameanngsandothepayments.

ThemonthlyamountpayablefotheincomeBeneftsthelesseof:

theincomeBeneftshownonyouPolcySchedule,o

75%ofyouaveagemonthlype-clameanngslessothepayments.

n: Wemayoffsetanypaymentsdefnedasothepaymentsnthesectonenttled,Glossayofmpotant tems.


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ifyouaeecevngothepayments,wewlleducethemonthlyamountpayablefotheincomeBeneft

(ascalculatedabove)sothatthecombnedtotaloftheamountwepayandtheothepaymentsyouecevesnomoethanthegeateof:

theincomeBeneftothewsepayable,o

75%ofyouaveagemonthlype-clameanngs.

Atthetmeofclamweequeyoutopovdesatsfactoyfnancalevdenceofyoupe-clameanngs.

WewllstoppayngtheincomeBeneftwhenyouaenolongedsabledoattheendofyoubeneftpeod,whcheveoccusfst.

TheincomeBeneftspayablemonthlynaeaswththefstpaymentoccungonemonthaftethewatngpeod ends.

ifyouaedsabledfolessthanamonthaftethewatngpeodends,wewllpay1/30 thofthemonthlyamountpayablefotheincomeBeneftfoeachday

youaedsabled.

o bfi pbYouaeonlyenttledtooneincomeBeneftpayableatanyonetmeundethscove,evenfyousuffemoethanonellnessonjuygvngsetoaclam.

rcig cisifyoullnessonjuyecuswthnsxmonthsofyoulastbeneftpaymentandyouneedtoestatyouclam,wewllteattasacontnuatonofyoupevousclam.inthsccumstance,thewatng

peodwllbewaved.ifyoullnessonjuyecusmoethansxmonthsafteyoulastbeneftpayment,twllbeteatedasasepaateclamandanewwatngpeodandbeneftpeodwllapply.Youmusthavesuffcentlyecoveedfomyoullnessonjuy,andetunedtowoknyouegulaoccupatonoanyotheganfuloccupatonfoatleastsxcontnuousmonthsnodefoustoteattheclamasasepaateclam.


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67Bfi pi

Thebenef tpeodsthemaxmumpeodoftmethatyouwllbepadfoanyonellnessonjuyclamyoumakeundeyouincomeBeneft.

Whenyouapplyfoapolcyyoucanchooseasxmonth,2 monthotwoyeabeneftpeod.

Thebenef tpeodyouhavechosensshownonthePolcySchedule.

Thebenef tpeodsta tsattheendofthewatngpeodandcontnuesuntltheealeof:

theendofthechosenbeneftpeodshownonthePolcy Schedule

thedateyouaenolongedsabled,o

thedateyoupolcyends.

Asepaatebeneftpeodapplesfoeachsepaatellnessonjuyfowhchyoucanmakeaclamundethspolcy,unlesstsaecungclam.ifyouclamsaecungclamthebeneftpeodseducedbyany

pevouspeodsfowhchbeneftsweepadfothatllnessonjuyandnowatngpeodwllapply.

Wiig piThewatngpeodsthepeodyoumustwatbefoetheincomeBeneftbecomespayableundeyoupolcy.

Whenyouapplyfoapolcyyoucanchooseethea dayo9daywatngpeod.ThewatngpeodyouhavechosensshownonthePolcySchedule.

Thewatngpeodstatsthedayyouconsultamedcalpacttoneandecevedadvceconfmngdsablty.

ifyouetuntowoknyouegulaoccupatonoanyotheganfuloccupatondungthewatngpeodfomoethanfveconsecutvedays,thedaysspentatwokwllbeaddedtotheemanngwatngpeod.

ifyouetuntowoknyouegulaoccupatonoanyotheganfuloccupatonfomoethanfve

consecutvedays,andamedcalpacttoneconfmsthatyouaedsabledagan,thewatngpeodwllestatfomthedayaftethelastdayyouwoked.

Asepaatewatngpeodapplesfoeachllnessonjuyfowhchyouaeenttledtomakeaclamundethspolcy,unlesstsaecungclam.


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t P disbiiBfi (opi)

TheTotalandPemanentDsablty(TPD)Beneftsanoptonalcovewhchpovdesalumpsumpaymenttoyoufoavaldclamfyouaeassessedbyusasbengtotallyandpemanentlydsabled.

ThePolcySchedulewllshowfyouhavecove

fotheTPDBeneftncludngthesumnsuedfothsbeneft,andthedatefomwhchthecovecommenced.

UponpaymentoftheTPDBeneft,coveundeyoupolcyfothsbeneftwllendandthepemumpayablefoyoupolcywllbeecalculatedbasedonyouincomeBeneftshownonyouPolcyScheduleoAnnualPolcySummaycuentatthetme.

IxiAteachpolcyannvesay,theincomeBeneftandtheTPDBeneft(fapplcable)wllautomatcallynceasebythendexatonfacto.

AstheincomeBeneftandTPDBeneft(fapplcable)ncease,youpemumwllalsoncease.ifyoudonotwantthendexatonncease,youmustnotfyuswthndaysofthenceaseoccung.

WewllceasetooffendexatonwhenyoueachthemaxmummonthlybeneftfotheincomeBeneftomaxmumsumnsuedfotheTPDBeneft(fapplcable),as shownntheCoveamountssectonofthsPDS.

Bfi psAllbeneftsaepadtoyou.Beneftsaepayable

undethetemsandcondtonsofthepolcy.Youmustalsosatsfyouclamequements.

Bfi iiisWemaylmtthetotalcoveamountwepayundeallpolcesyouhavewthusntwoways:

. ifyouhavemoethanoneANZincomePotectonpolcy,wemaylmtthetotalofallcoveamountspayabletothemaxmummonthlybeneftfotheincomeBeneftandmaxmumsumnsuedfothe

TotalandPemanentDsabltyBeneft(asshownntheCoveamountssectonofthsPDS).


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89

and

2.Wheeyouaethelfensuedundemoethanonepolcyssuedbyus,wemayalsolmttheTotalandPemanentDsabltyBeneft( TPD)coveamountspayableundethspolcysothatthetotaloflumpsumpaymentsdonotexceed$mllon.

ifwelmtcovenaccodancewththssecton,wewllefundpemumsnespectoftheeducedpotonofcoveonapo-atabass.

G ifi

ab h pi

Wecalculateyoupemumatthepolcyacceptancedateandateachpolcyannvesay.ThepemumpayablefothefstyeaofyoupolcywllbeshownonyouPolcy Schedule.

Pemumscanbepadfotnghtly,monthlyoannuallybydectdebtfomacedtcado

bankaccount.

Youneedtopayyoupemumswhenduetokeepyoupolcynfoce,ncludngwhenyouhavemadeaclamoyouaeecevngbeneftsundethspolcy.

Thspolcydoesnothaveasavngs,nvestment,cashosuendevalue.ThepemumsfothspolcyaepadntoouNo.StatutoyFund.

YoumaybeenttledtoeanQantasFequentFlyepontsonthepemumsyoupayfothspolcy.Pleasevstouwebsteatonepath.com.auqff-tems-condtonsfodetals.

discs f pig pis ifyoupayyoupemumannually,adscountwllapply.Thedscountwllbencludednthecalculatonofyouannualpemumamountasshownnyoupemumquotaton.

Pi sWecalculatethepemumbyefeencetoatableofpemumatesfothecove(s)selected.Apemumquotatonwllbepovdedtoyouwhenyouapply.


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insettngthepemumateswetakentoconsdeatonyouage,gende,smokestatus,you

occupatoncategoy,thecostsofsettngupandadmnstengthepolcy,apolcyfeeandanystampdutyandothegovenmentchagesthatmay apply.

Wemaynceasethepemumatesatanytme,butonlyaftegvngyoudaysnotceofthechangeandonlywtheffectfomthepolcyannvesayaftethe

change.Pemumatescannotnceasefoanndvdualpolcywthnadefnedskgoupunlessallpemumatesfoallpolcesnthatdefnedskgoupaenceased.

excsis

Wewllnotpayaclamasngdectlyondectlyfom:

ape-exstngmedcalcondtonoccungnthetwoyeasbefoethepolcyacceptancedate.

Ape-exstngmedcalcondtonsannjuy,llness,condtonoelatedsymptom:

thatyou(oaeasonablepesonnyouposton)weeawaeof,oshouldhavebeenawaeof;o

fowhchyouhad,oweentendngtohave,amedcalconsultaton;o

fowhchaeasonablepesonnyouccumstanceswouldhavehadamedcalconsultaton.

amentalllnesscondton

wa(whethefomallydeclaedonot),hostltes,cvlcommotononsuecton

pegnancy,gvngbth,mscayngohavngapegnancytemnaton.

Howeve,fyouaedsabled(excludngfomamentalllnesscondton)fomoethantheemonthsfomthedatethepegnancyends,wewllpay

beneftsfomtheendofthattheemonthpeod. yountentonalactoomsson

youpatcpatonn,otanngfo,pofessonalspotsospeedcontests


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1011

youvstngacountyfowhchtheAustalanDepatmentofFoegnAffasandTade(DFAT)has

ssuedaDoNotTavelwanngadvcethatsnfocedungthetmeyoustaynthatcounty.

Pic s Coveundeyoupolcybegnsonthepolcyacceptance date.

Youpolcywllendwhentheealestofthefollowngevents occus:

thepolcyannvesayafteyoutun65

cancellatonofyoupolcybyyou

thedatewecancelandoavodyoupolcyn

accodancewthoulegalghts,o

fwedonotecevethepemumswhendue.

CovefotheTPDBeneftendsonthedatewepaythefullTPDBeneftsumnsued-youpemumswllbeecalculatedbasedonyouincomeBeneftshownon

youPolcyScheduleoAnnualPolcySummaycuentat the tme.

a f cvYouaecoveedundeyoupolcy24housaday,65daysayea,anywheenthewold,subjecttothetemsandcondtonsofthspolcy.

Cig-ff pi cciYoumaycancelyoupolcyatanytme.

ifthepolcyscancelledoavodeddungthe2daycoolng-offpeod,wewlletunanypemumspad,povdednoclamhasbeenmade.Aftethecoolng-offpeod,wewllnotefundanymonthlyofotnghtlypemumsfthepolcyscancelled.Wewllpayapoataefundwheepemumsaepadannuallyandyoucancelthepolcybefoethenextannualpaymentsdue.

Youcancancelthepolcywthn2daysofecevng

thePolcySchedulebycontactnguson64.


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Isc isksThensuancesksyoushouldbeawaeofnclude:

thetypeofnsuancecoveyouselectmaynotpovdetheappopatecovefoyouneeds

theamountofnsuancecoveyouselectmaynotbesuffcenttocoveyouneeds,and

fwedonoteceveyoupemumswhendue,wemaycancelthepolcynaccodancewthoulegalghtsandmaynotassessanyclamthatasesfomaneventthatoccusaftethecancellatondate.

d f iscsBefoeyouententoacontactoflfensuancewth

annsue,youhaveaduty,undetheInsuranceContracts Act 1984,todsclosetothensueeveymattethatyouknow,ocouldeasonablybeexpectedtoknow,selevanttothensuesdecsonwhethetoaccepttheskofnsuanceand,fso,onwhattems.

Youhavethesamedutytodsclosethosemattestothensuebefoeyouenew,extend,vayoenstateacontactoflfensuance.

Youdutyhowevedoesnotequedsclosueofmatte:

thatdmnshesthesktobeundetakenby

thensue

thatsofcommonknowledge

thatyounsueknowso,ntheodnaycouseofhshebusness,oughttoknow,o

astowhchcomplancewthyoudutyswaved

bythe nsue.

n-iscsifyoufaltocomplywthyoudutyofdsclosueandthensuewouldnothaveenteedntothecontactonanytemsfthefaluehadnotoccued,the

nsuemayavodthecontactwthntheeyeasofentengntot.ifyounon-dsclosuesfaudulent,thensuemayavodthecontactatanytme.


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1213

Annsuewhosenttledtoavodacontactoflfensuancemay,wthntheeyeasofentengntot,

electnottoavodtbuttoeducethesumthatyouhavebeennsuedfonaccodancewthafomulathattakesntoaccountthepemumthatwouldhavebeenpayablefyouhaddsclosedallelevantmattestothensue.

mispsisifyouapplcatonfocovencludesanymsepesentatonsandthensuewouldnothaveenteedntothecontactonanytemsfthemsepesentatonhadnotbeenmade,thensuemayavodthecontactwthntheeyeasofentengntot.ifyoumsepesentatonsfaudulent,the

nsuemayavodthecontactatanytme.

Annsuewhosenttledtoavodacontactoflfensuancemay,wthntheeyeasofentengntot,electnottoavodtbuttoeducethesumthatyouhavebeennsuedfonaccodancewthafomulathattakesntoaccountthepemumthatwouldhave

beenpayablefyouhadnotmadethemsepesentaton.

Cisifaclamneedstobemade,pleasecallouCustomeSevcesteamon64andwewll

advseyouofallthenecessayequementsandsendtheappopatefoms.

AtthetmeofclamfotheincomeBeneft,weequeyoutopovdesatsfactoyfnancalevdenceofyoupe-clameanngsandanyotheevdencewemayeasonablyequest.

Themaxmumamountpayableundethepolc ywllbetheamountsoftheincomeBeneftandtheTotalandPemanentDsabltyBeneft(fapplcable)asspecfedonyouPolcySchedulewhchwascuentatthetmeoftheevent.AllamountspayablewllbepadtoyounAustalancuency.

Afteyouhavemadeaclam,fyouccumstanceshavechangedyoumaywshtoevewyoulevelofcovebycallngus.

ifweaeequedtopayanytax,dutyogovenmentchageolevyelatngtoanyamountpayabletoyouundethspolcy,wemayeducetheamountwepay

toyoubytheamountofthattax,dutyogovenmentchageolevy.


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txiTaxatonnfomatonnthsPDSsbaseduponountepetatonandthecontnuatonoflegslatonnplaceasatthedatethsPDSspepaed.Thenfomatonsofagenealnatueandmaynotapplytoyoundvdualccumstances.Youshouldseekpofessonaladvceonyouowntaxatonposton.

TheincomeBeneftwllgeneallybeconsdeed

ncomeeplacement.Theefoethepemumsmaybetaxdeductbleandbeneftspadwllgeneallybeassessableasncome.

TheTPDbeneftsgeneallynotconsdeedtobencomeeplacement.Theefoethepemummaynotbetaxdeductbleandbeneftspadwllgeneallynot

beassessableasncome.

Cpi siPleasecontacttheCustomeSevcesteamon64fyouaedssatsfedwthanymatteelatngtoyoupolcyothemannenwhchaclamshandled.

ifyouaedssatsfedwthOnePathsesponse,youcancontacttheFnancalOmbudsmanSevce,anndependentbodywhosesevcesaeavalabletoyouatnocost,bycallng7888,[email protected],Melboune,Vctoa.

Pivc Sinthssectonwe,usandouefestoOnePathLfeandothemembesoftheANZGoup.Weaecommttedtoensungtheconfdentalty,secutyandpvacyofyoupesonalnfomaton.Youandyouefestothepolcyowneandlfensued.

Wecollectyoupesonalnfomatontopovdeyouwththepoductsandsevcesyouequest.Wthoutyoupesonalnfomaton,wemaynotbeabletopocessyouapplcatonopovdeyouwththepoductsosevcesyoueque.

inodetomanageandadmnstethepoductsandsevcesequestedbyyou,wemayneedtodscloseyoupesonalnfomatontocetanthdpates,ncludng:


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1415

othemembeswthntheANZGoup,totheextentnecessaytosevceouelatonshpwth

youandcayonbusnessasagoup

ogansatonspefomngadmnstatonocomplancefunctonsnelatontothepoductsandsevces

ogansatonsmantanngounfomatontechnology systems

authosedfnancalnsttutons

ogansatonspovdngsevcessuchasmalng,pntnganddatavefcaton,o

apesonwhoactsonyoubehalf(suchasyoufnancaladvseoyouagent).

Folfeskpoductswecollecthealthnfomatonwthyouconsent.Youhealthnfomatonwllonlybedsclosedtosevcepovdes,ensuesoogansatonspovdngmedcaloothesevcesfothepuposeofundewtng,assessngtheapplcatonoassessnganyclam.

Wemayalsodscloseyoupesonalnfomatonnccumstanceswheeweaeequedtodosobylaw.

Wemaysendyounfomatonaboutoufnancalpoductsandsevcesfomtmetotme.Youmayelectnottoecevesuchnfomatonatanytmeby

contactngCustomeSevceson64.YoumayaccessthepesonalnfomatonOnePathholdsaboutyou,subjecttopemttedexceptonsandsubjecttoOnePathstllholdngthatnfomaton,bycontactngOnePathat:

Pivc offic oPh

GPOBox75SydneyNSW2Phone:29248Fax:2924895Emal:[email protected]

ifanyofyoupesonalnfomatonsncoectohas

changed,pleaseletOnePathknowbycontactngCustome Sevces.

MoenfomatoncanbefoundnOnePathsPvacyPolcywhchcanbeobtanedfomtswebsteatonepath.com.au


16/24

aiv F f ri rgisOnePathLfemantansanAltenatveFomofremuneatonregste(regste)naccodancewththeFnancalSevcesCouncl(FSC)industyCodeofPactceonAltenatveFomsofremuneatonntheWealthManagementindusty.

Theregsteoutlnesthealtenatvefomsofemuneatonwhchaepadandecevedfom

gvesandecevesofsuchemuneaton.TheregstespublclyavalableandcanbeaccessedbycontactngOnePathLfe.Thsnsuancepoductdoesnotpayoeceveanyaltenatve emuneaton.

Hw bi p ifi

ThenfomatonnthsPDSmaychangefomtmetotme.Updatednfomatonwllbeavalablefeeofchagefomonepath.com.aumpotant-nfomatonocall64foapapecopy.WewllssueasupplementayoeplacementPDSftheesamateallyadvesechangetoo omssonfomnfomatonnthsPDS.

Gss f ip s

bfi pi:Themaxmumpeodyouwllbepad

foanyonellnessonjuyclamundeyouincomeBeneftassetoutnyouPolcySchedule.

isb/isbii:Duetoanllnessonjuyoccungaftethepolcyacceptancedate,youae:

confmedbyamedcalpacttoneasbengunabletopefomtheusualdutesofyouegula

occupatonnecessaytopoducencome

youaefollowngtheadvceofamedcalpacttonenelatontoyoullnessonjuyfowhchyouaeclamng,and

youaenotengagednyouegulaoccupatonnoanyotheganfuloccupaton.


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1617

p/sf-p: Youaeemployedoself-employed(ncludngawokngdecto)na

ganfuloccupatonfosalay,ewadopoftnanybusness,pofessonooccupatonandwokngmoethan2houspeweek.

Employmentoself-employmentncludesmatenty,patenty,oothepadounpadleave.

iss:Anllnessodseasewhchbecomeseasonably appaent.

ii fi b:

Youpatne

Youson,daughte,fathe,mothe,fathe-n-lawomothe-n-law,botheosste.

ixi fc:ThendexatonfactosdetemnedeachyeabasedonthepecentagenceasentheConsumePceindex(CPi)(theweghtedaveageofeghtcaptalctescombned),aspublshedbytheAustalanBueauofStatstcs(otssuccesso)fothe2monthpeodendngon

Decembeeachyea.iftheCPieducesovetheelevantpeod,thendexatonfactowllbezeo.

AnysubsequentnceasesntheCPiwllfstbeoffsetaganstpevouseductonsntheCPiwhenwedetemnethenextndexatonfacto.iftheCPisnotpublshed,wewllcalculatethendexatonfacto

fomanotheetalpcendexwhch,nouactuaysopnon,stheclosesttot.

ij:Abodlynjuywhchoccus.

i ccpi:Thepmayoccupatonthatyouaeemployedoself-employedn(ncludngawokngdecto),wokngmoethan2houspeweekattmeofapplcaton.

ic csi: Anyactvtyundetakenfothedetecton,teatmentomanagementofanllness,njuy,medcalcondtonoelatedsymptom,ncludngbutnotlmtedtotheapplcatonofpescbeddugsotheapy(whetheconventonaloaltenatve).

ic pcii: AegsteedandqualfedmedcalpacttonenAustalaonanothecounty,asappovedbyus,whosnotyou,oabusnesspatneoothemmedatefamlymembeofyous.


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iss cii: AnymentalllnesscondtonclassfedntheDagnostcandStatstcalManualof

MentalDsodes,VolumeiV,publshedbytheAmecanPsychatcAssocaton(osucheplacementosuccessopublcatonweappove,ofnonethenacompaablepublcatonasselectedbyus)whchscuentatthestatofthepeodofdsablty.Suchmentalllnesscondtonsnclude,butaenotlmtedto:

stess(ncludngposttaumatcstess)

physcalsymptomsofapsychatcllness

anxety

depesson

psychoneuoss

psychotc,pesonalty,emotonalobehavoualdsodes,o

dsodeselatedtosubstanceabuseanddependencywhchncludesalcohol,dugochemcaldependency.

Mentaldsodesdonotncludedementa(exceptwheethedementaselatedtosubstanceabuseodependency),Alzhemesdseaseoheadnjues.

h igs:

ifyouaeself-employed(ncludngawokng

decto),thegossmonthlyncomegeneatedbythebusnessasaesultofyoupesonalexetonafteallowngfothecostsandexpensesncuedndevngthatncome

ifyouaeemployed,yougossmonthlyncomeeanedfompesonalexetonbywayoftotal

emuneatonpackage,ncludngfngebeneftsandanyothetypeof emuneaton.

h ps: Othepaymentsae:

wokescompensaton

compensatonfomotovehclenjuy

paymentsmadeundestatute,egulatonoodnance

damagespadundecommonlawwhethemodfedonotbystatute


19/24

1819

paymentsecevedfomanyothedsabltyncome,llnessonjuypolces,ncludnggoup

nsuancepolces,o

sckleavepaymentseceved.Thsdoesnotncludeanenttlementtosckleavewhentsnotecevedotakenbyyou.

ifanyoftheothepaymentsaepadnalumpsumweconvettotsequvalentntemsofmonthlyeanngs.Wecalculatethsbasedonactuaaladvce,bylookngattheccumstancesnwhchthepaymentsweemade.

Othepaymentsdonotnclude:

anybusnessexpensesdsabltynsuance

ndemnfyngaganstbusnessexpenses paymentsmadetodependentchlden

totalandpemanentdsabltybenefts,taumabenefts,temnalllnessbeneftsosupeannuatonbenefts,o

paymentsofsumsawadedbyacoutfopanand suffeng.

p:Aspouse,de-factospouseopesonlvngnabonafdedomestclvngaangementwthyou,espectveofthegende,wheeetheobothpovdestheothewthfnancalsuppot,domestc

suppotandpesonalcae.pic:Thecontactbet weenyou,thepolcyowne,and OnePath.

pic ccpc :Thedateweacceptyouapplcatonandwhencovestats,assetoutnthePolcy Schedule.

pic ivs:Theannvesaydateofthepolcyacceptancedate.

pic w:Theowneofthepolcy,asnamednthePolcySchedule.

Pic Sch:ThedocumententtledPolc y

SchedulessuedbyOnePathconfmngthedetalsofthelfensuedandthepolcyownesnsuancecoveundethepolcy.


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p-ci igs:Thecalculatonofthehghestaveageamountofmonthlyeanngsfoanypeodof

2 consecutvemonthsnthetwoyeasmmedatelybefoeyou become dsabled.

ifyouaeonmatenty,patentyoothepadounpadleaveandyoubecomedsabled,youpe-clameanngswllbethehghestaveageofthemonthlyeanngsyouhaveeanedfoanypeodof

2consecutvemonthsnthetwoyeasmmedatelybefoeyouleavecommenced.

Atthetmeofclam,weequeyoutopovdesatsfactoyfnancalevdenceofyoupe-clameanngsandanyotheevdencewemayeasonablyequest.

sb pp: Aeasonablepesonntheccumstancescouldbeexpectedtohavebeenawaeofthe symptoms.

g ccpi:Theoccupatonnwhchyouaeegulalyengaged(.e.youeanyouncome,salayowagefom)atthetmeyousuffeanllnessonjuy.

ifyouegulaoccupatonslmtedtoaecognsedspecaltywthnthescopeofyoudegeeolcence,youspecaltysyouegulaoccupaton.

ifyoubecomedsabledwhleyouaeunemployedoonmatenty,patentyoothepadounpadleave,youegulaoccupatonmeansthelastoccupaton

youpefomedbefoeyoubecameunemployed,oyouwenton matenty,patentyoothepadounpadleave.

Aftesxmonthsofyouunemployment,matenty,patenty,padounpadleave,youegulaoccupatonsanyoccupatonthatyouaeeasonably

capableofpefomnghavngegadtoyoueducaton,tanngand expeence.

spci isk:AnoccupatonthatweclassasspecalskonyouPolcySchedule.

s isk: AnoccupatonthatweclassasstandadskonyouPolcySchedule.

p isbii: WewllpaytheTPDBeneftf,asaesultofllnessonjuy,yousatsfyoneofthefollowngdefntons:


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2021

a. youhavebeenabsentfom,andunabletowoknyouegulaoccupatonoanyotheganful

occupaton,fotheeconsecutvemonths,and

b.youaedsabledattheendofthspeodoftheeconsecutvemonths,tosuchanextentthatyouaeunlkelyeveagantobeabletoengagenanyoccupatonfowhchyouaeeasonablysutedbyeducaton,tanngo expeence.

Thedateoftotalandpemanentdsablementwllbethedatetheemonthsafteyoupemanentlycease employment.

2a.yousuffeapemanentmpamentofatleast

25%ofwholepesonfunctonasdefnedntheAmecanMedcalAssocatonpublcatonGudestotheEvaluatonofPemanentimpament,4thedton,oanequvalentgudetompamentappovedbyus,and

2b.youaedsabledtosuchanextentthat,asaesult,

youaeunlkelyeveagantobeabletoengagenanyoccupatonfowhchyouaeeasonablysutedbyeducaton,tanngoexpeence.

. yousuffethetotalandpemanentlossoftheuseof:

twolmbs,o

thesghtnbotheyes,o

onelmbandthesghtnoneeye.

(wheelmbsdefnedasthewholehandothe

wholefoot)

4. yousuffelossofndependentexstence,whchmeansyouaetotallyandpemanentlyunabletopefomatleasttwoofthefveactvtesofdalylvngwthouttheassstanceofanotheadult

peson.Actvtesofdalylvngae:

bathngandoshoweng

dessngandundessng

eatnganddnkng

usngatolettomantanpesonalhygene,o


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gettngnandoutofbed,achaowheelcha,omovngfomplacetoplace

bywalkng,wheelchaowththeassstanceofawalkngad.

5. yousuffecogntveloss,whchmeansatotalandpemanentdeteoatonolossofntellectualcapactythathasequedyoutobeundecontnuouscaeandsupevsonbyanadultpesonfoatleastsxconsecutvemonthsand,attheendofthatsxmonthpeod,youaelkelytoequeongongcontnuouscaeandsupevsonbyanadultpeson.

Sviv pi f tPd Bfi

Focondtonstwo,theeandfouoftheTPDdefnton,youmustsuvvewthoutlfesuppotfoeghtdaysfomthedateyousatsfytheTPDdefntonfoaTPDBenefttobepad.

p/p: Youaenotengaged

nanyganfuloccupatonfosalay,ewadopoft.wiig pi:ThepeodyoumustwatbefoebeneftsbecomepayableundethepolcyfotheincomeBeneft,assetoutnyouPolcySchedule.

dic dbi Svicig ag

o ci Wewll:

aangefofundstobedebtedfomyouaccount

asauthosedntheDectDebtrequest

gveyouatleast4daysnotcenwtngbefoechangngthetemsofthedebtngaangements,unlessthechangesaemadeatyouequest,and

keepnfomatonelatngtoyouDectDebtrequestpvateandconfdental.

ifthedateonwhchweusuallydebtyouaccountfallsonaweekendopublcholday,youaccountwllbedebtedonthenextwokngday.


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y ci sitsyouesponsbltyto:

ensueyounomnatedaccountcanacceptDectDebtsandthatallaccountholdesonthenomnatedaccountageetothedebtngaangements

ensuethattheaccountdetalsthatyouhave

povdedaecoectbycheckngthemaganstaecentaccount statement

advseusfthenomnatedaccountstansfeedoclosed,otheaccountdetalshavechanged

ensuetheeaesuffcentfundsavalablenthenomnatedaccounttomeeteachDectDebt,and

checkwthyoufnancalnsttutonbefoecompletngtheDectDebtrequest,ntheeventthatyouhaveanyqueesabouthowtocompletetheDectDebtrequest.

iftheeaensuffcentfundsnyouaccount,youmay

bechagedafeebyyoufnancalnsttuton.Wewllnotchageafee.

y ighsYoumaydefe,alteocancelthedebtngaangementsyouholdwthusatanytmebypovdngnotcetous.

Suchnotceshouldbeecevedatleast4daysbefoethenextdebtsdue.

Whenyouconsdethatadebthasbeenntatedncoectly,youshouldcontactOnePathdectly.Wewllthennvestgateyouquey.

ifwefndthatyouaccounthasbeenncoectlydebted,wewllaangefoyoufnancalnsttutontoadjustyouaccount(ncludngnteestandchages)accodngly.Wewllalsonotfyyounwtngoftheamountbywhchyouaccounthasbeenadjusted.

ifwefndyouaccounthasnotbeenncoectly

debted,wewllpovdeyouwtheasonsandanyevdencefoths fndng.

ifwecannotesolvethsmatte,youcanstllefettoyoufnancalnsttuton,whchmaylodgeaclamonyoubehalf.

2323


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AustraliaandN

ewZealandBankin

gG

roupLimited(ANZ)ABN11005357522.ANZ

scolourblueisatrade

markofANZ.

A2731/0311

64weekdaysbetween9amand6pm(AEST)

Cs Svics

[email protected]

OnePathLfeLmted47KentSteetSydneyNSW2

ANZ Income Protection Insurance PDS

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