Great Transfer Terms
Transfer your exisiting Life cover with no medicals and great terms
It can be easy to move from your existing Life insurance cover to the SMSF Master Insurance Plan, with the same underwriting conditions. Because of the great takeover terms offered under the SMSF Master Insurance Plan, you wont have to under take new medical and blood tests if you satisfy some basic conditions.
The conditions are normal, reasonable and help to keep the cost of the insurance cover low.
You can apply for your existing cover to be transferred to the SMSF Master Plan up to the following limits:
You will need to refer to the exact wording in the product disclosure statement, but here is a summary of the takeover terms. The underwriting insurer, AIA Australia, will agree to provide individual transfer terms for Life, Total & Permanent Disability and Income protection if the following circumstances: