We can’t predict the future, so if your clients’ business needs change, for example as their profits grow or if they take out a larger business loan, they can amend their cover to reflect these changes.
To help protect against the effects of inflation, your clients can choose to increase the amount of cover over the term of their plan in one of two ways:
Your clients can reduce the amount of cover over the term of their policy in the following way:
Your clients’ plans come with Cover Increase Options which means they can increase their cover without giving us any medical information. This makes it easy for your clients to quickly update their plan for situations like:
However, if they want to increase the amount of their cover for any other reason, they may need to supply medical evidence.
When your clients take out Life or Critical Illness Cover, they can choose to add the level of Children's Critical Illness Cover to suit their needs and budget. They can also change or remove their Children's Critical Illness option at any time during the term of their plan.
For full terms and conditions, see our Business Menu Life or Critical Illness Cover Plan Details.