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From 18 October 2016, the insurance cover limits for completing the Smartsave Short Form Personal Health Statement have been increased.

Subject to the insurer’s approval, a streamlined (Short Form) questionnaire is all that is needed for higher levels of cover. You only need to answer a few simple health questions to apply for underwritten insurance cover with Smartsave for:

  • Income Protection cover of $8,000 per month or less (increased from $6,000 per month); and/or
  • Death only or death and total and permanent disablement (TPD) cover of $1,000,000 or less (increased from $800,000).

The Smartsave Product Disclosure Statement, Insurance Guide and forms will be updated shortly to reflect these changes. If you have any questions, please contact your adviser or the Smartsave Member Services team on 1300 654 720.