Page 8 - Axicom Salary Continuance Insurance - Staff Insurance
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Superior policy features included in Axicom’s Salary Continuance Insurance policy
Escalation Benefit • totally disabled during the waiting period
12 months after an insured member has been • confined to bed or hospitalised for more than
continuously on claim for a disability benefit (including three consecutive days on the advice of the insured
Specific Injury Benefits), the monthly benefit will be member’s medical practitioner, and
increased by the lesser of the annual CPI increase or 5%. • in receipt of full-time nursing care which is certified
The adjusted benefit will be similarly increased upon by the insured member’s medical practitioner as
the expiry of each 12 month period for which an insured necessary for the treatment of the insured member’s
member is continuously on claim for a disability benefit disability, provided the nursing care is performed
(including Specific Injury Benefit). by a registered and qualified nurse who does not
normally reside in the same household and who is
Nursing Care Benefit not a relative of the insured member.
The Nurse Care Benefit is payable for a maximum of 30
An amount equal to 1/30 of the monthly benefit days, or until the expiry of the waiting period, whichever
is payable to you for each day, after the first three occurs first.
consecutive days, an insured member is:
