15 May 1 October Income Protection Changes
For any clients who maintain an income protection policy currently not with MBS, we strongly encourage an obligation free review. Moreover, those who don’t have any income protection cover in place will receive more favourable terms prior to Oct 1, so for any clients who wish to have a conversation with us, the time is now.
We believe in providing clients with advice, the ability to make an informed decision, and an understanding of the cover that is available to them. While insurers are not likely to release the post October product until September, we know that the APRA policy wording changes will become more restrictive for many clients.