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Group Risk Insurance
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Group Life Insurance
Group Life Insurance is taken out by employers or superannuation funds wanting to provide their employees or fund members with Death Only Cover (including terminal illness) or Death and Total and Permanent Disablement (TPD) cover (including terminal illness). Group Life Insurance is a great way for employers to add value to employees’ remuneration packages or offer competitive insurance through superannuation. It can also help provide financial security for members and their families.
 Features at a glance
Policy Owner Book
Member Book
Group Salary Continuance
Group Salary Continuance (GSC) insurance provides a monthly benefit (up to 75% of pre-disability income) for an insured member or employee who is unable to work due to illness or injury. The policy owner may also choose to insure an additional amount of up to 10% of the insured member’s pre-disability income in the form of a Superannuation Contribution benefit, provided they are (and remain) a member of a complying superannuation fund to which the policy owner contributes. GSC insurance is a great way for employers to add value to employees’ remuneration packages or offer competitive insurance through superannuation. It can also help provide financial security for members and their families
Features at a glance
Policy Owner Book
Member Book
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This is general advice only and does not take into account your individual objectives, financial situation or needs (your personal circumstances). Before using this advice to decide whether to purchase a financial product you should consider how appropriate it is in regard to your personal circumstances. Group Life Insurance and Group Salary Continuance are issued by ING Life Limited ABN 33 009 657 176 AFSL 238341. You can obtain copies of the Product Disclosure Statements (PDS) by locating and downloading the pdfs here. You should consider the PDS in deciding whether to acquire or continue to hold the product. This material has been prepared without taking into account an investor's objectives, financial situation or needs.
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