Our cover suspension feature lets you put your cover on hold for up to 12 months – as long as you’ve held your policy continuously in-force for at least 12 months. This can help you if your circumstances change by reducing your financial commitments. You can suspend your policy for up to 12 months and stop paying your premiums to reduce financial pressure - you won’t need to pay any premiums for the time that your cover is suspended. Then you can start your policy again without having to reapply.
Remember though, that while your cover is suspended, your policy isn’t in force and we won’t cover you:
For Ezicover Life Insurance,
- if you die
- if you are diagnosed with a terminal illness
- for any death or terminal illness caused by a condition where you were aware of a symptom or diagnosis of that condition while you were suspending your cover.
For Ezicover Income Protection,
- if you are disabled,
- for any disability caused by a condition where you were aware of a symptom or diagnosis of that condition while you were suspending your cover
You can still make a claim for an insured event which occurred before the Cover suspension start date if the conditions for a benefit were met when Cover suspension started.
You’re in control of your policy – you can extend your cover suspension or end it early. You just need tell us 14 days before your cover suspension ends.
If a policy anniversary passes, we’ll still offer to increase your cover to help protect it from the impact of inflation (if applicable).
Once the suspension period is over, your cover will resume without you needing to reapply. See your product’s Product Disclosure Statement to find out more about our cover suspension feature.