CONVERSION OPTION
16
You may at any time prior to the Life Assured reaching age sixty (60): Convert all or part of the Total and Permanent Disability Cover Benefit from the Premium specified in Your Policy Schedule to a Level Premium structure. The Total and Permanent Disability Cover Benefit under this Policy will be reduced by the amount of insurance so converted; or Convert a Level Premium Term to a further Level Premium Term, of which duration may be the same or less than current Level Premium term. We will not require You or the Life Assured to produce further medical evidence at the time of conversion. The terms and conditions of the new Policy will be those which are then offered by Us to the general public. Premiums will be calculated on the current age of the Life Assured . Any loading(s) and/or exclusion(s) that applied to Your existing Total and Permanent Disability Benefit will apply to Your new Total and Permanent Disability Benefit . The Counselling Benefit covers the cost of a Psychiatrist or Psychologist consultation and/or counselling for the Life Assured and/or a Close Relative of the Life Assured where the support treatments and/or consultations directly relate to a claim under the Total and Permanent Disability Benefit . After referral by a Medical Practitioner we will reimburse up to $2,500 including GST (in total) per Life Assured , subject to the following conditions: • The consultation and/or counselling must be paid for within twelve (12) months following Us paying the Total and Permanent Disability Benefit claim; and • You must provide Us with a receipt for the consultation and/or counselling You are claiming. Only one (1) Counselling Benefit payment per Life Assured will be made regardless of the number of additional Policies held with Us . This is in addition to the Sum Assured .
A
B
COUNSELLING BENEFIT
17
EXCLUSIONS
18
The Total and Permanent Disability Benefit will not be paid if the Total and Permanent Disability directly or indirectly was caused by or resulted from self-inflicted injury, whether the Life Assured is sane or insane.
BCP-TPD-05/2026
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