Overview of recommended products Recommended product overview—Brad Cover and Insurer/ Amount Premium Key features First year product owner of cover paid from of new policy premium Life cover MNO/Super $1,110,000 $1,840 Terminal illness $2,040 TPD cover and Brad (Life) (Super) advancement (replace First Term $510,000 $200 Disability definition: Life and TPD) (TPD) (Cash) ‘Unlikely‘ Occupation definition: ‘Own occupation‘ (via superlink) Stepped premium Income protection Mantra/ $5,350 Cash 90-day waiting $1,200 (retain) Brad per month period plus $642 Benefit to age 65 super Level premium Agreed value Super contribution option Trauma (establish) MNO/Brad $150,000 Cash Stepped premium $900 Total n/a n/a n/a n/a $4,140 Recommended product overview—Zara Cover and Insurer/ Amount Premium Key features First year product owner of cover paid from of new policy premium Life and TPD OZ Industry $840,000 Super Stepped premium $650 (increased cover) Fund/Super Trauma (establish) MNO $235,000 Cash Stepped premium $1,300 Total $1,950 n/a n/a n/a n/a Please see the ‘Consequences of my advice’ section from page 14 for a detailed explanation of the product features. I recommend that you nominate each other as beneficiaries on your respective superannuation accounts and life insurance policies.
Overview of recommended products Recommended product overview—Brad Cover and product Insurer/ owner Amount of cover Premium paid from Key features of new policy First year premium Life cover TPD cover (replace First Term Life and TPD) MNO/Super and Brad $1,110,000 (Life) $510,000 (TPD) $1,840 (Super) $200 (Cash) Terminal illness advancement Disability definition: ‘Unlikely‘ Occupation definition: ‘Own occupation‘ (via superlink) Stepped premium $2,040 Income protection (retain) Mantra/ Brad $5,350 per month plus $642 super Cash 90-day waiting period Benefit to age 65 Level premium Agreed value Super contribution option $1,200 Trauma (establish) MNO/Brad $150,000 Cash Stepped premium $900 Total n/a n/a n/a n/a $4,140 Recommended product overview—Zara Cover and product Insurer/ owner Amount of cover Premium paid from Key features of new policy First year premium Life and TPD (increased cover) OZ Industry Fund/Super $840,000 Super Stepped premium $650 Trauma (establish) MNO $235,000 Cash Stepped premium $1,300 Total n/a n/a n/a n/a $1,950 Please see the ‘Consequences of my advice’ section from page 14 for a detailed explanation of the product features. I recommend that you nominate each other as beneficiaries on your respective superannuation accounts and life insurance policies.