For the first 12 months of your policy, your premium is guaranteed not to change. After this, your premium will generally increase with age, as well as increase in line with inflation. This is called Automatic Indexation Benefit, and refers to the annual automatic increasing of your sum insured and, in turn, the premium you pay.

You can choose to decline the Automatic Indexation Benefit increase or you can elect to freeze your premiums. Please note that this may result in you not having the optimum level of cover.

Please refer to the PDS for full terms and conditions