MetLife Australia has announced updates to MetLife Protect and MetLife Protect Super, effective from 30 June 2024.
Changes include:
- Additional 60-day waiting period option for Income Protection for all benefit periods and eligible occupations;
- Monthly Income Protection benefit calculation to include bonuses, which means customers can be insured for their bonuses, not just salary; and
- $10,000 Death Benefit added to the ‘Own Business Option’ for Total and Permanent Disability.
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