Insurance Tailored for the Professional

Because only a defined group of professions can join PPS Mutual, we’ve designed our insurance products precisely to meet the protection needs of our professional Members.

All the benefits of our Professionals Choice product are comparable with the very best out there, providing the necessary protection should the unforeseen occur.

What makes Professionals Choice so different?
Because only a defined group of professions can join PPS Mutual, Professionals Choice has been designed as a unique tailor-made insurance product, with features not offered by any other Insurance company in the Australian market, such as:

Profit Share
Members of PPS Mutual will be entitled to a share in the profits of the Professionals Choice product. PPS Mutual Professionals Choice is the only product to offer this feature in the Australian Insurance market.

Indexation for Professionals
Being exclusively for professionals we are able to offer the option of having benefits increase in line with your salary, based on increases in our Professional Earnings Index or inflation, whichever is greater.

Professional Events
You can also increase your cover without having to provide further medical evidence when certain career events occur – such as becoming a partner or starting in private practice.

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.


Realising that no one solution exists for everybody, we have built many flexibility features into the Professionals Choice product range, such as:

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.

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

Cover through Superannuation
Provides the ability to structure Life, Total and Permanent Disability and Income Protection insurances through Superannuation. This provides the choice of paying your Insurance premiums either with ordinary funds, with your Superannuation funds or a combination of both.

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 Members to take time off to care for a sick child and receive their Income Protection benefit for up to 6 months.


Pays a lump sum if you die or if you are terminally ill.

  • No limit to your cover amount.
  • Covers Death & Terminal Illness.
  • Available in and out of Superannuation.

Total & Permanent Disability (TPD)

Pays a lump sum if you are totally and permanently disabled.

  • Choice of Disability definitions.
  • Partial TPD benefits.
  • Can split your Insurance both in and out of Superannuation.


Pays a lump sum if you suffer a specified trauma condition such as cancer or a heart attack.

  • Comprehensive protection for over 50 Trauma events.
  • Can apply for up to $2m of cover.
  • Ability to have your cover re-instated for continued protection.

Income Protection

Pays a monthly benefit to help replace your income if you aren’t able to carry out all or part of your occupation due to illness or injury.

  • Provides cover for up to 75% of your monthly income.
  • Includes a range of benefits.
  • Choice of flexible features and optional extras.

Business Expenses

Pays a monthly benefit to replace your fixed business expenses if you’re unable to carry out all or part of your occupation due to illness or injury.

  • We pay up to 100% of your allowable business expenses.
  • Provides key person and shareholder and partnership protection.
  • Partial payments for when you are partially disabled and your income is reduced.