Sarah is a 30-year-old manager with Basic Cover of $224,100 at her age. After having twins, Sarah decides she needs more death and total and permanent disablement cover.
Sarah considers upgrading to Basic Plus Cover. This would double her original Basic Cover to an amount of $448,200.
Sarah decides she wants more insurance than what Basic Plus Cover offers. She applies for three times the Basic Cover amount. This provides $672,300 death and total and permanent disablement cover.
Sarah answers employment, health and lifestyle questions in her application and the insurer approves the increased amount.
Having more cover provides Sarah with better protection but also increases the cost of Sarah’s insurance.