Page 12 - Axicom Salary Continuance Insurance - Staff Insurance
P. 12
When do benefits start? How much is payable via the benefit?
A ‘Waiting Period’ occurs before payments commence. 15% of base salary x years to age 65. Payable after a 183
This is the number of consecutive days for which an day wait, up to the Automatic Acceptance Limit (AAL) of
insured member must be disabled,before the Total and $1,250,000.
Permanent Disablement benefit is payable
Note: As this is an Axicom employee benefit, increasing
The Waiting Period applicable to this policy is 183 your cover beyond the AAL through this group policy is
consecutive days. not possible. However you can apply to “top up” your
cover via an individual policy.
Is cover available for pre-existing
sickness or injury?
Yes, all pre-existing conditions are covered in the
group policy up to the Automatic Acceptance Limit of
$1,250,000.
