Commissions may be payable to your adviser on insurance cover that commenced before 1 July 2014. If you have insurance cover that commenced before this date, we may pay commissions to your adviser from the total insurance premiums you currently pay.
From January 2019, you can request a rebate for any commissions paid to your adviser. You can speak to your adviser or contact us directly to request a rebate.
If you receive a rebate, the total insurance premiums you currently pay may be reduced by up to 22%. If your insurance cover commenced after 1 July 2014, your premiums already reflect this change.
Note: Before changing any arrangements, we suggest you contact your adviser to discuss your future advice needs and arrangements for those services.