Yes, you can apply to increase your cover at any time, but this process is subject to underwriting.

Your other option, to avoid any underwriting, is to consider the Lifestyle Increase Benefit. This benefit allows you to increase the level of your cover by a maximum of $100,000 annually as long as it’s either the second anniversary of your policy, or you’re under the age of 60 and a life event as stipulated in our PDS occurs.

A life event is when you:

  • Get married
  • Have a baby
  • Adopt a child
  • Have a child start high school for the first time
  • Purchase a home and/or
  • Suffer the death of your spouse.

The maximum you can increase your cover each year is $100,000.