Important information on what has changed

Effective 28th March 2026

There are pricing changes that are being implemented to Zurich Wealth Protection, Zurich Active, Zurich Futurewise and Zurich Insurance-only Superannuation plan. It is important that you understand how these changes apply to your policy.

The changes include:

Increased premium rates, both variable and variable age-stepped, for
- Total and Permanent Disability (TPD) by up to 25%
- Income Protection by up to 25%
Introducing a new Death cover class

These changes will apply to your existing Cover at your policy anniversary and are in addition to age-based increases for variable age-stepped premiums and CPI increases.

If your policy is within two years of commencing, the impact of any pricing changes will apply at your second policy anniversary.

Increased premium rates

Australian claims are rising. Unfortunately, premium rates must rise too. This is to ensure that we can support you when it matters most – if you ever need to claim.

The tables below outline the increase in premium rates that will apply to TPD and Income Protection.

Zurich	Wealth Protection prior 01/04/2020	Wealth Protection 01/04/2020 to 05/05/2023	FutureWise All policies
TPD – Variable age-stepped	12.5%	12.5%	12.5%
TPD - variable	25%	25%	25%

Zurich	Wealth Protection prior 01/04/2020	Wealth Protection 01/04/2020 to 26/09/2021	FutureWise All policies	Active prior 15/05/2017	Active 15/05/2017 to 01/04/2020	Active 01/04/2020 to 26/09/2021
Pre IDII IP indemnity – Variable age-stepped	15%	10%	15%	15%	15%	10%
Pre IDII IP indemnity - Variable	20%	10%	15%	15%	20%	10%
Pre IDII IP agreed value – Variable age-stepped*	20%	20%	25%	25%	20%	20%
Pre IDII IP agreed value – Variable*	25%	20%	25%	25%	25%	20%

*If your policy includes an Optimised Agreed Value benefit payment type, the combined increase in your Income Protection premiums (across both inside and outside super) will be equivalent to the increase for Agreed Value Income Protection. As a result, the increase on an optimised outside super policy is not a fixed percentage. For example, if you have a Wealth Protection Variable Optimised Agreed Value policy that started prior to 1 April 2020, the premium of your Indemnity policy (inside super) will increase by 20%. The premium outside super will then adjust by the necessary amount so that the combined increase across both premiums is 25%.

If you have any questions about your cover or the premium changes, please contact your financial adviser or call us on 131 551.

New Death cover class for a group of policies

To help ensure we continue to meet our claims’ promise and the sustainability of the portfolio, we have created a new Death cover class for a group of policies. In summary, this class applies if your policy forms part of an arrangement involving the life insured’s circumstances being assessed and an interest in the policy being transferred, including through a transfer of ownership.

This class is defined as including policies where:

there is or will be an arrangement or facility with an entity for the transfer of a legal or beneficial interest in your policy (such as a co-ownership arrangement or a change of ownership); and
that arrangement or facility involves an entity that carries or carried on (or is or was authorised to carry on) a financial services business in connection with the transfer of legal or beneficial interests in life policies, or a similar business; and
under or in connection with that arrangement or facility:
- there is or may in future be an assessment of the life insured (e.g. a health assessment or statistical modelling); and
- an entity, other than you, is entitled to receive directly or indirectly all or some of the benefits that may become payable under the policy.

Policies in this class will have a substantial increase in premiums.

If you have any questions about your cover or the premium changes, please contact your financial adviser or call us on 131 551.