Professionals Choice

Professionals Choice

  • Platinum definitions and features for the professional market
    We offer a single product suite with high-quality benefits and definitions specifically designed for the professional market.
  • Profit Share
    Members of PPS Mutual will be entitled to share in the profits of the Professionals Choice product through the PPS Mutual Profit – Share Account. Professionals Choice is the only product currently on offer in the Australian retail life risk insurance market to offer this.
  • Indexation for Professionals
    Being exclusively for professionals we are able to offer the option of having benefits increase in line with professional salaries
  • Inclusion of Professional Events in the Future Increase Benefit
    Members can increase their cover without having to provide further medical evidence on the occurrence of Professional Events such as becoming a partner or commencing private practice.
  • Career Break Benefit
    Allows you to take a career break and continue your Income Protection insurance, with the option to return your cover to the previous higher level when you return to work.
  • Caring For Your Child Benefit
    Allows you to take time off work to care for a sick child and receive your Income Protection benefit for up to 6 months.

 

  • Agreed Value Premium Saver
    Allows you to have the security of an agreed value definition, without paying the full loading generally applied to all agreed value policies.

 

  • Change of plan ownership
    The plan ownership may be transferred at any time with no underwriting.

 

  • Flexible premium structure
    A flexible premium structure provides for both a stepped and level premium structure for the one insurance type, allowing you to tailor your cover to benefit from the advantages of both premium structures.

 

  • True level premium
    Premiums for any increased cover, from the application of the Indexation for Professionals Benefit, is based on your age at the date of the commencement of your cover and not your age at the time the indexation is applied.