Providing pricing certainty

To help create greater peace of mind for our customers, we have been working hard to provide more pricing certainty to advisers and their clients and are now able to deliver an exciting range of enhancements that reinforce our commitment to deliver life insurance products at a sustainable and competitive price.

How it works

For new policies, base premium rates will not increase until 1 January 2020 at the earliest. With future increases limited to no more than 10% (cumulative) between 1 January 2020 and 1 January 2022.

Features and enhancements at a glance

MLC Insurance MLC Insurance (Super)
Premium guarantee to 1 January 2020

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Capped increases to 1 January 2022 check check

Stamp duty changes from 20 November 2017

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Enhanced terms, including medical definitions

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Best Doctors extended offering from 1 October 2017

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MLC On Track enhanced program with 5% upfront discount

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New discount structure for multi-cover arrangements

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Annual age rate and CPI (if applicable) increases will still apply. Any changes to government charges are also exclusive of this commitment. Please also refer to information regarding Stamp Duty changes on MLC Life Insurance policies.

Want to know more?

Interested in finding out more about our pricing enhancements? Please fill in the form below and we’ll get in touch with you shortly.