Changes to our current Accelerated Protection pricing offer

As you would be aware, we are currently offering a premium reduction for years one and two on all new Accelerated Protection Life, Critical Illness, TPD and Income Protection policies.

From 5 January 2020, we’ll be removing Income Protection policies from the list of eligible cover types for this offer. This means that only quotes in-progress for Income Protection that have been submitted by 5 January 2020 will be eligible for the year one and two discounts, and any quotes submitted after this date will automatically revert to our competitive standard pricing rates.

There will be no change to the offer for our lump sum cover types - simply generate a quote on the TAL Adviser Centre and submit your client’s application and they will save 10% in the first year and 5% in the second year of their new policy with us. 

For more information on the changes we’re making from 5 January 2020, please read our FAQs.

We remain focused on supporting you to provide your clients with more affordable, sustainable and comprehensive insurance cover now and into the future. Whilst the premium reduction for our eligible lump sum cover types improves the price at time of commencement, our Health Sense and Health Sense Plus offers help to ensure that cover remains affordable in the long term.

It’s all part of our promise to protect this Australian life, and to be there when your clients need us most.

If you have any questions, please reach out to your local Sales Development Manager.

Important Information: Pricing discount available on eligible cover types from 5 July 2019 until withdrawn by TAL. Pricing discount for Accelerated Protection Income Protection will be withdrawn from 5 January 2020. The discount does not apply to stamp duty or the policy fee, or to Child’s Critical Illness or the Business Expense option.

The TAL Health Sense and Health Sense Plus discounts apply to Accelerated Protection Life Insurance, Critical Illness Insurance and TPD Insurance only. TAL Health Sense Plus is subject to offer and eligibility criteria. Terms and conditions are available here.

This information has been prepared for use by financial advisers in their professional capacity only. It is not intended to be provided to nor relied on by clients. It is general in nature only and does not take into account any person’s individual needs, objectives or financial situation. Prior to making any decision about any of the products or offers, advisers and their clients should obtain and read the relevant Product Disclosure Statement, available at www.tal.com.au, and consider the appropriateness of the information, products and offers in light of each client’s needs, objectives and financial situation.

Accelerated Protection and Accelerated Protection for Investment Platforms is issued by TAL Life Limited ABN 70 050 109 450 AFSL 237848.

TAL Life Limited ABN 70 050 109 450 AFSL 237848 a Dai-ichi Life Group Company

GPO Box 5380, Sydney, NSW, 2001, Australia