7.
What is the Enhanced Partial Disability Income Benefit and when will Sovereign pay it?
resulting from the same or a related disability.
If you have chosen the Premier Cover Option then the life assured’s sick leave payments are not included in offsets.
Sovereign will pay you an Enhanced Partial Disability Income Benefit if:
For example:
Pre-disability income
$5,000 per month
> you have been receiving a Total Disability Income Benefit under this appendix ; and
Post-disability income
$3,000 per month
> the life assured is no longer totally disabled ; and
Benefit amount shown in the schedule
$45,000 per annum ($3,750 per month)
> you are entitled to a Partial Disability Income Benefit as set out in Section 4 for that life assured.
Offsets (ACC entitlements for the same disability)
$1,000 per month
The Enhanced Partial Disability Income Benefit is the lower of:
Calculation:
> 25% of the monthly Partial Disability Income Benefit as calculated in Section 5; or
Lower of:
> (1/12 x $45,000) less offsets = $3,750 - $1,000 = $2,750 per month; or
> 1/12 th of the benefit amount shown in the schedule less the monthly Partial Disability Income Benefit as calculated in Section 5.
> (75% x ($5,000 - $3,000)) less offsets = $1,500 - $1000 = $500 per month
This benefit is paid monthly in arrears for a maximum period of 12 months per claim.
Therefore, the amount payable in this example is $500 per month ($6,000 per annum).
Sovereign will cease paying this benefit if you are no longer entitled to a Partial Disability Income Benefit for the life assured.
6.
What is the Partial Disability Bridging Benefit and when will Sovereign pay it?
8.
What is the Recurrent Disablement Benefit?
Sovereign will pay you a Partial Disability Bridging Benefit if:
> you have been receiving a Total Disability Income Benefit under this appendix ; and
The waiting period will be waived if not later than 12 months after the benefit payments related to the original claim ceased, the life assured becomes disabled again and, in Sovereign’s opinion, after considering the advice of a registered medical practitioner and other relevant information, this is caused by the same or a related illness or injury as the original period of total disablement or partial disablement. The provisions of Sections 1, 2, 3, 4 and 5 of this appendix will apply to any benefit claimed. If the benefit payment period is one, two or five years, all claims resulting from the same or a related illness or injury will be considered to be the same claim in respect of the benefit payment period .
> the life assured is no longer totally disabled ; and
> based on the information provided to, and requested by Sovereign, we reasonably expect that a Partial Disability Income Benefit (as set out in Section 4) will be payable for that life assured for the first month after the life assured ceased to be totally disabled. The Partial Disability Bridging Benefit is a lump-sum payment equivalent to 1/3 rd (33.3%) of the final monthly Total Disability Income Benefit paid before the life assured ceased to be totally disabled. The Partial Disability Bridging Benefit is paid at the end of the final month in respect of which a Total Disability Income Benefit was paid for the life assured. Payment of the Partial Disability Bridging Benefit does not affect the amount of the Partial Disability Income Benefit (as set out in Section 5) and does not affect the amount of the Enhanced Partial Disability Income Benefit (as set out in Section 7).
9.
What is the Optional Claim Indexation Benefit?
The Optional Claim Indexation Benefit applies only if “CPI Linked” is specified in the schedule .
Where the Optional Claim Indexation Benefit is selected, the Disability Income Protection Benefit sum assured shown in the schedule will increase on each anniversary date , by the same percentage as the percentage increase in the consumer price index for the preceding year ending 30 September.
The Partial Disability Bridging Benefit is payable once for all claims resulting from the same or a related injury or illness.
The Partial Disability Bridging Benefit is not payable where a lump sum payment has been made in lieu of monthly benefit payments, as set out in Section 1.
If the consumer price index falls in any year, the Disability
807 TCP-DI version 13 Effective 12 May 2026
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