Pipeline applications submitted before 1 October 2016 will apply a $80.19 policy fee, even if the application does not complete until after 1 October.
For New Business paper applications, any application with a quotation date on or after 1 October 2016 will apply a policy fee of $80.99.
Pipeline applications with a quotation date before 1 October 2016 will apply a $80.19 policy fee, even if the application does not complete until after 1 October.
From 1 October 2016, the annual policy fee increases to $80.99.
Please note: For inforce policies, the updated fee takes effect on the next policy anniversary.
Affected policyholders will see the new policy fee included in their renewal notice, issued prior to their policy anniversary.
Support & Questions
If you have any queries, contact your CDM or call us on 1800 033 490.