What is the Life Buy Back Option?

by Securitas on September 26, 2016

The Life Buy Back Option allows you to buy back the Life Insurance benefit that was reduced when a benefit is paid from a bundled TPD or Recovery Insurance. The buyback can only occur 12 months after the claim is submitted or paid.

FAQ

September 26, 2016

Isn’t there a lot of fine print in insurance policies that makes it really hard to claim?

September 26, 2016

I’ve heard insurers will do anything they can to avoid paying a claim, is it really worth having cover?

September 26, 2016

If I make a claim, can the insurer cancel my policies?

September 26, 2016

Isn’t there a lot of fine print in insurance policies that makes it really hard to claim?

I’ve heard insurers will do anything they can to avoid paying a claim, is it really worth having cover?

If I make a claim, can the insurer cancel my policies?

Do I have to deal directly with the insurer if I need to make a claim?

What is the Life Buy Back Option?

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What is the Life Buy Back Option?

Related Articles

Isn’t there a lot of fine print in insurance policies that makes it really hard to claim?

I’ve heard insurers will do anything they can to avoid paying a claim, is it really worth having cover?

If I make a claim, can the insurer cancel my policies?

Do I have to deal directly with the insurer if I need to make a claim?

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