Business Loan Repayment Insurance important information
BLRI excludes some situations. These generally involve anything you already know about or that is caused by illegal or deliberate acts on your part. Please refer to the Section “What is Not Covered” of your Insurance Policy for full details but the most significant are outlined below.
BLRI will not cover an accident or sickness or hospitalisation or death which results from:
- Pre-existing medical conditions. This is any medical condition, which the nominated person knows about when cover starts or they’ve seen a doctor about in the 24 months before taking out the cover. However this exclusion will not apply if the nominated person has been symptom free and has not consulted a doctor or received treatment for the condition in the 24 months prior to claiming.
- Drug(s) or alcohol abuse or the deliberate actions of a nominated person.
- Cosmetic surgery or other treatment which is not medically necessary.
- War.
BLRI does not provide cover after the nominated person has reached age 70.
Please refer to the Business Loan Repayment Insurance Policy Summary. See the terms and conditions or speak to a business manager.
