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Loan Cover is issued by AMP Life Limited ABN 84 079 300 379, AFS Licence No. 233671 Loan Cover is available through authorised Aussie Mortgage Brokers

Easy cover for you

Loan Cover

Product Disclosure Statement

Issue 3, 1 January 2012

getting

a home

loan?

Phone 131 267 Fax 1300 301 267 Email polinfo@amp.com.au Internet amp.com.au Address Customer Service

PO Box 300

PArrAMAttA NSW 2124

AMP Life Limited

33 Alfred Street, Sydney NSW 2000

Contact us

the Aussie logo is a trade mark of AHL Investments Pty Ltd, ABN 27 105 265 861.

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the Product Disclosure Statement (PDS) for Loan Cover is in 2 parts:

• this document, and

• the Premium Booklet.

the PDS is an important document. You should read both parts before applying for Loan Cover so that you understand how Loan Cover works.

AMP Life Limited (AMP Life) is the issuer of Loan Cover. Loan Cover is available through authorised Aussie Mortgage Brokers. When arranging your application for Loan Cover, your Aussie Mortgage Broker acts as an authorised representative of AMP Life.

AMP Life is responsible for the content of the PDS. No other company in the AMP group, the Aussie Group nor your Aussie Mortgage Broker:

• are responsible for any statements or representations made in this PDS, or

• guarantees the performance of AMP Life or its obligations to customers or assumes any liability to customers in connection with Loan Cover.

this offer is available only to persons residing in Australia, and receiving it (including electronically) within Australia. We can’t accept cash or applications signed and mailed from outside Australia. Monies received or paid must always be in Australian dollars.

the information contained in this PDS is of a general nature only. It isn’t based on your personal objectives, financial situation and needs. Contact AMP

You can call or fax a Customer Service Officer on Phone 131 267

Fax 1300 301 267

Address - Enquiries and Claims Customer Service

AMP Life Limited PO Box 300

PArrAMAttA NSW 2124

Or visit our website on amp.com.au or email us on polinfo@amp.com.au

If you have an enquiry or complaint, please remember to mention your plan number.

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Loan Cover at a glance

1

fold trim

What am I covered for?

Subject to certain exclusions, your Loan Cover policy will cover you world wide,

24 hours a day, 7 days a week if you die or become terminally ill. See page 3 Am I eligible for

cover?

To apply for Loan Cover, you must be: – between 18 and 54 years of age, and – a resident of Australia, and

– applying for a home loan (except a “no doc” loan).

See page 4

What if I’m taking out the home loan in joint names?

If you are taking out a home loan in joint names you can either apply to be jointly covered under Loan Cover or nominate just one person to be covered. Note:

– Only one benefit is payable even if there are two insured persons on this plan. – You are not allowed to have more than one Loan Cover plan on the one

home loan.

See page 4

How much can I apply for?

You can be insured up to the amount of your approved home loan to a

maximum of $750,000 (across all AMP Loan Cover plans you hold). See page 6 How do I pay for

the cover?

You can pay by direct debit from your credit card, bank account, building

society or credit union. See page 6

How long can the cover continue for?

Cover for an insured person can continue until the plan anniversary after they

turn 59 years of age. See page 8

Is the premium tax deductible?

Premiums generally aren’t tax deductible if the plan is for personal purposes. How taxation law applies to you though depends on your personal

circumstances and we recommend you consult your tax adviser.

See page 9

What if I take the cover out and then change my mind?

That’s okay. If you change your mind or are not satisfied with your plan, you can, subject to certain conditions, return it within the 14 day cooling-off period and receive a full refund.

See page 9

What if I have a complaint?

We hope that this doesn’t arise and that we are able to provide you with a high level of customer service. If however you do have a complaint, we have internal processes to manage this. If we are unable to resolve the complaint to your satisfaction, then you may be able to take the matter to the Financial Ombudsman Service (FOS).

See page 9

Are there any risks involved?

There are risks in taking out this plan, such as it might not suit your needs or you may not have enough to adequately protect yourself. You should assess your needs carefully before making a decision.

See page 11

Are any discounts available?

Yes. Premiums are discounted for sums insured over $150,000. A discounted

plan fee is also available to the second insured person on the plan. Premium Booklet

How much does it cost?

Your premium will be determined by your age, gender, smoker status and level of cover. Premium tables and example premium payments are included in the Premium Booklet which you should have received along with this document.

Premium Booklet

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3

Changes to this document

As the information in this PDS may change from time to time. You can obtain updated information by simply:

• Visiting amp.com.au/pdsupdates, or

• calling us on 131 267 to request a free paper copy of the updated information.

However, if the change to the information is materially adverse, we will issue a Supplementary PDS.

Understanding terms in this PDS

Throughout this document:

• Aussie means AHL Investments Pty Limited.

• Consumer Price Index (CPI) means the Australian National All Groups Consumer Price Index published by the Australian Bureau of Statistics or, if that index is abolished or changed, we will use another index we believe fairly and accurately reflects changes in the cost of living. We use the index published in respect of the 12 month period ending on 30 September.

• Home loan means a loan with an Australian financial institution for the purchase of residential property in Australia. This loan has to be secured by a registered mortgage on that property.

• Loan drawdown means the first instance in which a home loan is settled or advanced.

• Insured person is the person(s) insured under the plan.

• Plan means the Loan Cover policy of insurance issued by AMP Life Limited.

• Plan anniversary means each anniversary of the plan start date. Both the plan start date and the plan anniversary date will be shown in your Certificate of Insurance.

• Terminal illness means being diagnosed as having less than 12 months to live (and we agree with that diagnosis).

• You, your and yourself means the plan owner(s).

• We, us and our means AMP Life Limited.

1. Peace of mind that your loan

will be covered.

With Loan Cover the sum insured will be paid if the insured person dies or becomes terminally ill. These funds can be used for any purpose such as paying down your home loan.

2. Applying for cover is simple.

With Loan Cover:

No medical questions are asked.

You can apply when you take out a home loan.

The sum insured is paid if the insured person dies or becomes terminally ill.

3. Cover for both of you.

If you’re applying for a home loan with another person you can both be covered under the same Loan Cover plan. A discounted plan fee applies to the second person.

Note: You may only have one Loan Cover plan on any single home loan.

Your cover continues, even when

your loan ends

Loan Cover isn’t linked to the amount of your home loan. This means if you repay your home loan or refinance with another provider you can still continue to hold your Loan Cover insurance.

About Loan Cover

Loan Cover offers affordable and easy access to life insurance at the time you take out a home loan. As long as you pay your premiums, cover for an insured person can continue until the plan anniversary after they turn 59, even if their health, occupation or pastimes change or you no longer have the home loan.

Loan Cover is only available to approved home loan applicants and is not available in conjunction with

“no-doc” home loans.

The home loan must be with an Australian financial institution for the purchase of residential property in Australia and secured by a registered mortgage on that property.

Note: This is not a savings product. If the plan ends (other than by an accepted claim) at any time after the cooling-off period, you don’t get anything back.

Secured by our No. 1 Statutory Fund

Your plan is backed by our No. 1 Statutory Fund. Benefit payments under your plan are paid from, and are limited to, the assets of this fund. As at 30 June 2011 the assets available in our No. 1 Statutory Fund were more than 50% higher than the minimum solvency reserve required by the Australian Prudential Regulation Authority (APRA).

Worldwide coverage

Each insured person is covered worldwide, 24 hours a day, 7 days a week.

2

Why take up Loan

Cover when you

get a home loan?

trim fold

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4 5

Who is eligible?

You are eligible to take out a Loan Cover plan if you are applying for a home loan (except a “no doc” loan) and each insured person is:

• aged 18 to 54 years, and

• a resident of Australia.

Plan owner Insured Person

Each borrower on the home loan application must be a plan owner (to a maximum of 2 plan owners).

If there are more than 2 borrowers on the loan application, you cannot apply for Loan Cover.

If there is only one borrower, they will be the plan owner as well as the insured person on the plan.

If there are 2 borrowers each will own the plan (as

“joint tenants”). This means that on the death of one of the owners, the surviving owner becomes the sole plan owner and any proceeds payable under the plan will go to the surviving owner.

If there are 2 borrowers, either or both of them can be an insured person. We allow a maximum of 2 persons to be insured persons under this plan. Both insured persons must have the same amount of cover under the plan. Only an individual can be

a plan owner. A company, trustee of a trust or other institution cannot own the plan.

A borrower is not allowed to have more than one Loan Cover plan on the one home loan. Also, the plan cannot be assigned.

Note only one benefit is payable even if there are 2 insured persons on this plan.

An insured person is not allowed to be covered under more than one Loan Cover plan on the one home loan.

When do we pay a benefit?

We pay a benefit when an insured person:

• dies, or

• suffers a terminal illness (is diagnosed as having less than 12 months to live and we agree with that diagnosis). If there are 2 insured persons, only one benefit is payable under the plan even if both insured persons die or become terminally ill at the same time.

We won’t pay a benefit for death or terminal illness caused by you or the insured person’s own hand within 13 months of the plan start date.

Pre-existing conditions

We won’t pay a benefit for death or terminal illness resulting from a pre-existing condition.

“Pre-existing condition” means an injury, sickness or disability the insured person:

• was diagnosed with, or

• had symptoms of, or

• was treated for,

in the 24 months prior to the plan start date, unless the insured person was not aware of, and a reasonable person in the circumstances could not be expected to have been aware of, that injury, sickness or disability at that time.

Who do we pay a benefit to?

We will pay a benefit:

• if the insured person suffers a terminal illness, to you, or

• if the insured person dies:

– to the surviving owner (where there is more than one owner of the plan), or

– if there is no surviving owner, to your estate.

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6 7

How much do we pay?

When you take out this plan, you can select a sum insured up to the amount of your approved home loan amount (to a maximum of $750,000 across all AMP Loan Cover plans you hold).

For example, assuming you have no other Loan Cover plans with us, if you have been approved for a home loan of

$400,000, you can be insured for a maximum amount of

$400,000. However if you have been approved for a home loan of $800,000, you can only apply for a maximum of

$750,000.

You can select a lower amount or you can reduce your sum insured once your plan has started, should you wish to do so.

Once your plan is issued, the amount of cover that you have does not vary with any change in the amount owing under your home loan. This also means that your plan does not end because you have paid off your home loan.

Premiums and fees

Premiums and fees are payable monthly by direct debit from your nominated bank, building society or credit union account or credit card. Premium payment options may be changed in future at our discretion.

If you fail to pay premiums when they become due, we will take steps to cancel your plan.

You may apply to have your plan reinstated should the plan have been cancelled by us for non-payment of premiums. Reinstatement will be on such terms as we determine to impose at the time. This will include treating the

reinstatement date as the plan start date for the purpose of the exclusions mentioned under “When do we pay a benefit?”

Your monthly premium is based on the insured person’s age, gender, smoker status and the amount of cover selected.

It also includes a monthly plan fee that we may increase each year by any increase in the CPI.

Please refer to the Premium Booklet for the monthly plan fee and to find out how much your initial monthly premium will be at the time you take out this plan.

Each year premiums are recalculated, at the anniversary of the commencement of your plan, based on the insured person’s age on that date.

Premiums will generally increase each year with age. We guarantee not to increase premiums other than on a plan anniversary unless:

• you change your plan in a way which increases the premium, or

• the government introduces a new tax, duty or charge, or changes an existing one.

Premium rates are not guaranteed. We may vary premium rates at any time and any increase in your premium will apply at your next plan anniversary.

We can’t single you out for an individual premium rate variation. If we increase premium rates we will apply the increase to all plans that we consider to be similar to your plan.

If we reduce our premium rates (or we increase any discounts), we may keep your premium the same by

increasing the sum insured under your plan. If we do that, we will tell you in writing before doing so.

You can select a lower sum insured should you wish to do so, by writing to us.

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8 9 As at the preparation date of this PDS, our understanding of taxation law and how it is interpreted is that generally, where the plan is for personal purposes, premiums aren’t tax deductible and payment of benefits to you won’t attract income tax or Capital Gains Tax (CGT).

However CGT may apply to benefits paid if paid to a person different to the owner at the time that the plan commenced.

Cooling-off period (your right to

return your plan)

Once we send you a Certificate of Insurance, you have 14 days to check that the insurance meets your needs. If it doesn’t, simply write to us requesting that your plan be cancelled and return the certificate of insurance. Your premium will be refunded in full. You cannot return your plan if you have exercised any rights or powers available under it.

Customer satisfaction

If you have a question, please contact us. Our details are on the back cover.

We aim to provide products and services that exceed your expectations. If we don’t meet your expectations, please tell us. We hope that we can resolve the issue when you contact us. If we can’t, we’ll aim to give you a response within 10 working days.

We will keep you advised at regular intervals of the status of your complaint. If we can’t resolve your complaint to your satisfaction within 45 days, then you may have the right to lodge a complaint with the:

Financial Ombudsman Service GPO Box 3 MELBOURNE VIC 3001 Phone: 1300 78 08 08

Fax: 03 9613 6399 Email: info@fos.org.au Website: www.fos.org.au

When does your cover and the plan

start?

Your Loan Cover plan only starts if we receive a completed Loan Cover application and evidence of loan drawdown. If we receive your completed application and evidence of loan drawdown within 28 days of loan drawdown you will be covered from the date of loan drawdown.

If we receive your completed application and evidence of loan drawdown after 28 days of loan drawdown, you will be covered from the date we receive your completed application and evidence of loan drawdown.

Your completed application and evidence of loan drawdown must be received within 3 months of loan drawdown, although we may extend this period at our discretion. We will confirm your plan start date in writing to you by issuing a Certificate of Insurance and Plan Rules.

These documents also set out other important information like your initial monthly premium.

When does your cover and the plan

end?

Cover for an insured person will end on the plan anniversary after they turn 59, unless the plan ends earlier.

Your plan ends:

• when an insured person dies or suffers a terminal illness, or

• when cover for all insured persons ends, or

• when we receive your written request to cancel the plan, or

• when we cancel the plan as a result of premiums not being paid.

Taxation

How taxation law applies to you depends on your circumstances and we recommend you consult your tax adviser.

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10 11

Payments to Aussie

We will pay a commission to Aussie if we issue a Loan Cover plan arranged through an authorised Aussie Mortgage Broker. We pay up to 66% of the first year’s premium depending on the arrangement we have with the distributor unless the plan is cancelled within 12 months. This includes 10% GST which Aussie is required to pay to the Australian Taxation Office. Aussie may also receive payments based on the volume of business they generate.

You are not required to pay these as additional amounts.

Alternative Forms of

Remuneration Register

We are required to comply with an industry code on alternative forms of remuneration. The code is the Financial Services Council and Financial Planning Association of Australia Industry Code of Practice on Alternative Forms of Remuneration (“the Code”) in the wealth management industry.

The Code requires us to maintain a register that records any material forms of alternative remuneration, which we pay or receive. Registers are required to be maintained by investment managers, platform providers, representatives and licensees.

The register is publicly available for inspection by you and a copy of the register can be requested by contacting us on 131 267.

No advice

Your broker is not authorised by AMP to give you financial product advice. For example, they cannot give you an opinion as to whether you should take out Loan Cover or express an opinion about whether you should vary any life insurance arrangements you may already have in place. You should contact a licensed or appropriately authorised financial adviser if you are unsure if Loan Cover is appropriate for you or if you require advice about your life insurance arrangements.

Risks

The main risks in taking out this plan are:

• you select an insurance product that doesn’t meet your needs, or

• you may not choose enough cover to adequately protect yourself.

You will need to assess your needs carefully to ensure that this doesn’t occur.

How we handle insurance claims

Our aim is to provide timely financial assistance. If you need to make a claim, we have specially trained claims staff who will be pleased to answer any questions and assist you with the completion of any necessary paperwork associated with your claim

Either you or someone close to you can simply call us on 131 267. We will then advise what to do next.

Our claims requirements will vary depending on the type of, and reason for, the claim you are making. Our claims requirements may include, but are not limited to (as applicable):

• completed claim forms, and

• certified copy of the death certificate, and

• confirmation of loan drawdown date, and

• proof of diagnosis of condition for which the claim is being made, including copies of investigations performed by a specialist (eg clinical, histological and radiological evidence), and

• Probate or Letters of Administration.

Claims should be notified promptly to avoid delays in processing the claim.

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AMP and your privacy

Our main purpose in collecting personal information from you is so we can establish and manage your plan. If you choose not to provide the information, then we may not be able to process your application.

We may also use this information for related purposes - for example, providing you with ongoing information about financial services that may be useful for your financial needs. These may include investment, retirement, financial planning, banking, credit, life and general insurance products and enhanced customer services, that may be made available by us, other members of the AMP group, or by your financial planner.

We usually disclose information:

• to other members of the AMP group, and

• if a jointly owned plan, to the other owner, and

• to Aussie and your Aussie mortgage or broker, and

• to external service suppliers who supply administrative, financial or other services to assist the AMP group in providing AMP financial services, and

• to anyone you have authorised or if required by law. Under the National Privacy Principles, you may generally access personal information about you held by the AMP group.

Direct Debit service

agreement

The following terms apply to the direct debit that you set up to make payments:

Before you request a direct debit arrangement you must check with your financial institution that the account you want to nominate can have direct debit (eg some passbook savings accounts cannot have direct debit). Please double- check any account details you provide by comparing them with a recent statement from your financial institution. To find out if we can debit from your account, contact your financial institution or us on:

Phone 131 267 Fax 1300 301 267 Email polinfo@amp.com.au Address Customer Service

PO Box 300

PARRAMATTA NSW 2124

This agreement allows AMP Life Limited to deduct your monthly premium and fees from your nominated account. If we want to change this agreement, we will notify you 14 days in advance (unless it is specifically in relation to government stamp duty). If you disagree with this change, please notify us within these 14 days.

Your account details will be kept confidential. However, these details will be disclosed:

• if you give permission, or

• if a court order applies, or

• to settle a claim, or

• if our financial institution needs information.

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14

If the due date is on a weekend or public holiday, your payment will be processed on the next business day. If you are not sure when your debit will be processed to your nominated account, you should check with your financial institution. You should make sure that sufficient cleared funds are available in your account on the due date for payment. If there are not sufficient funds and your financial institution dishonours the payment, any charges incurred by:

• your financial institution may be debited from your account, or

• AMP may be debited from your plan or recovered in some other way.

To change or cancel this agreement or dispute a debit, contact AMP Customer Service. In particular, if you want to:

• change this agreement, eg the amount you pay, the date you pay, account number or deferring payment due to unforeseen circumstances, you need to contact us at least 3 days before the due date, or

• cancel this agreement or an individual payment, you need to contact us at least 3 days before the due date, or

• dispute a debit that has been made from your account. AMP will respond to your initial request within 5 days. If you believe that a debit has not been correctly processed, you should contact us immediately.

You indemnify us against all losses, costs, damages and liabilities that we suffer as a result of you breaching this agreement, or providing us with an invalid or non-binding direct debit request addressed to us.

NOTE:

FORM PERFS &

R

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Please staple all relevant material together

AMP Loan Cover application

1. Plan owner DeTaIlS

Plan owner 1 Plan owner 2

Mark boxes with (✘) where appropriate, otherwise use block letters. leave a box between words.

This owner is to be an insured person under this plan. Title Surname

Given names

Date of birth Sex

Are you an Australian resident? Yes No Have you smoked tobacco or any other

substance or used nicotine replacement

products within the last 12 months? Yes No Address

Unit No. Street No./PO Box

Street name

Suburb State

Postcode Country Home Phone

Business Phone

Mobile Phone

Email This owner is to be an insured person under this plan.

Title Surname

Given names

Date of birth Sex

Are you an Australian resident? Yes No Have you smoked tobacco or any other

substance or used nicotine replacement

products within the last 12 months? Yes No Address

Unit No. Street No./PO Box

Street name

Suburb State

Postcode Country

Home Phone

Business Phone

Mobile Phone

Email

3. DIreCT DeBIT aUTHorITY DeTaIlS

we will deduct your initial premium within 10 days of acceptance of this application. Please select one: Bank Building society Credit union account

BSB number Account number Account holder name

Institution name Branch location

loan Cover is issued by aMP life limited aBn 84 079 300 379, aFS licence no. 233671

Loan Cover is available through authorised Aussie Mortgage Brokers. When arranging your application for Loan Cover, the Aussie Mortgage Broker acts as an Authorised Representative for AMP Life.

2. SUM InSUreD DeTaIlS

Select one of the following sum insured options:

My approved home loan amount (subject to a maximum of $750,000) A lower amount of notes:

1. The sum insured on this plan may be lower than the amount nominated if: a plan owner(s) has another AMP Loan Cover plan, or

the approved home loan amount is lower than the amount specified above.

2. Refer to the Loan Cover Product Disclosure Statement for other important terms and conditions.

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4. aGreeMenT anD DeClaraTIon

1. I/We have received the Loan Cover Product Disclosure Statement dated issued 1 January 2012 (and any applicable supplements) and am/ are eligible for this product as per the terms described.

2. I/We have read the Privacy information in the Product Disclosure Statement and agree to the various uses and exchanges of my/our personal information and acknowledge my/our right to access personal information held about me/us by the AMP Group.

3. I/We have read all the information provided in this application and believe it is complete and correct even if the information has been written by someone else.

4. I/We request AMP Life Limited (user ID000103), until further notice in writing to debit my/our account/credit card, as outlined in this

application, or, as subsequently advised, with any amounts, which they may debit, or charge me/us through the direct debit system. I/We have read and agree to the terms of the Direct Debit Service Agreement attached. I/We understand that I/we may terminate this request at any time. 5. I/We acknowledge that a benefit won’t be paid for death or terminal illness:

resulting from a pre-existing condition, or

caused by me/us or the insured person’s own hand within 13 months of the plan start date. “Pre-existing condition” means an injury, sickness or disability the insured person:

was diagnosed with, or had symptoms of, or was treated for,

in the 24 months prior to the plan start date, unless the insured person was not aware of, and a reasonable person in the circumstances could not be expected to have been aware of, that injury, sickness or disability at the plan start date.

6. I/We confirm that I/we have not received any Financial advice from my/our Aussie Mortgage Broker regarding my/our application for Loan Cover.

Please tick to confirm

Plan owner 1 signature Date Plan owner 2 signature Date

Broker checklist

For swift processing of this application, we’ve included this checklist below. Simply tick the boxes: (all boxes need to be ticked) to make sure you haven’t missed anything that could delay processing the application.

Loan Cover applied for with a valid backing home loan (ie not a “no doc” home loan, etc). All borrowers are noted as plan owners in this application.

(There should be no more than 2 borrowers on the mortgage this application relates to). Each applicant is an individual borrower (ie not a company, trust or other institution) aussie Home loans Broker Information

Broker name

AMA Comm Code Financial Services Guide (FSG) version provided

Broker phone

Opportunity number

Head office use only On drawdown please provide: Settlement date

Settlement amount

Aussie AMP ID

Please send this completed application form to: Aussie Home Loans

Fax 1300 127 552

Credit card number Expiry date

Credit Card: VISA MasterCard Amex Name on credit card

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Loan Cover is issued by AMP Life Limited ABN 84 079 300 379, AFS Licence No. 233671 Loan Cover is available through authorised Aussie Mortgage Brokers

Easy cover for you

Loan Cover

Product Disclosure Statement

Issue 3, 1 January 2012

getting

a home

loan?

Phone 131 267 Fax 1300 301 267 Email polinfo@amp.com.au Internet amp.com.au Address Customer Service

PO Box 300

PArrAMAttA NSW 2124

AMP Life Limited

33 Alfred Street, Sydney NSW 2000

Contact us

the Aussie logo is a trade mark of AHL Investments Pty Ltd, ABN 27 105 265 861.

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Phone 131 267 Fax 1300 301 267

You can also contact us at our website amp.com.au

If you have an enquiry or complaint, please remember to advise your name, date of birth, address and plan number.

Address Customer Service PO Box 300

Parramatta NSW 2124

Contact us

Loan Cover is issued by amP Life Limited aBN 84 079 300 379, aFS Licence No. 233671.

Premium tables and

example premium

payments

this Premium Booklet forms part of the Loan Cover Product Disclosure Statement dated 1 January 2012

Premium

Booklet

Dated 1 January 2013

amP Life Limited

33 alfred Street, Sydney NSW 2000 aUZ00593 NS5087 12/12

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What is my premium

made up of?

The initial premium you pay depends on the insured person’s gender, smoker status, current age and the amount of cover you choose at the time we start your plan.

In 2013, the initial monthly premium includes a monthly plan fee of:

• $7.88, or

• on a joint plan $7.88 for the first insured person and

$1.57 for the second insured person.

In future years this fee may be increased in line with CPI.

Large sum insured discounts are also applied for the levels of cover below:

sum insured range premium discount percentage rate

$150,000 - $249,999 7.5%

$250,000 - $750,000 12.5%

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Sample monthly premiums

The table below sets out what you are likely to pay each month when you take out this plan. The table applies for plans commencing in 2013.

Please refer to the Premium calculator on page 4 to work out a more exact premium.

Males amount of

cover $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $500,000 $600,000 $750,000 current age - non smoker

20 20.16 24.91 30.59 34.73 40.10 45.47 50.84 61.58 72.32 88.44

25 18.81 23.05 28.10 31.79 36.57 41.36 46.14 55.70 65.27 79.62

30 18.09 22.05 26.78 30.22 34.69 39.16 43.63 52.57 61.51 74.91

35 19.53 24.04 29.43 33.36 38.46 43.55 48.65 58.84 69.03 84.32

40 23.38 29.39 36.56 41.79 48.57 55.35 62.13 75.70 89.26 109.60

45 32.43 41.94 53.30 61.58 72.32 83.07 93.81 115.29 136.77 168.99

50 51.96 69.05 89.43 104.31 123.60 142.88 162.17 200.74 239.32 297.18

current age - smoker

20 27.68 35.35 44.51 51.20 59.86 68.52 77.19 94.51 111.84 137.83

25 26.16 33.24 41.70 47.86 55.86 63.86 71.85 87.85 103.84 127.83

30 27.23 34.73 43.68 50.22 58.68 67.15 75.62 92.55 109.49 134.89

35 33.42 43.31 55.12 63.74 74.91 86.08 97.26 119.60 141.94 175.46

40 45.24 59.72 77.00 89.61 105.96 122.30 138.65 171.34 204.04 253.08

45 68.81 92.42 120.60 141.16 167.82 194.47 221.13 274.44 327.75 407.72

50 112.17 152.59 200.82 236.02 281.65 327.28 372.91 464.17 555.43 692.31

Females amount of

cover $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $500,000 $600,000 $750,000 current age - non smoker

20 16.66 20.06 24.12 27.09 30.93 34.77 38.61 46.30 53.98 65.50

25 15.68 18.70 22.30 24.93 28.34 31.75 35.16 41.98 48.80 59.04

30 15.76 18.82 22.47 25.13 28.58 32.03 35.48 42.38 49.28 59.62

35 16.39 19.69 23.63 26.50 30.22 33.95 37.67 45.12 52.57 63.74

40 19.44 23.92 29.26 33.16 38.22 43.28 48.33 58.45 68.56 83.73

45 26.34 33.49 42.03 48.26 56.33 64.41 72.48 88.63 104.78 129.01

50 39.33 51.52 66.06 76.68 90.44 104.19 117.95 145.47 172.99 214.27

current age - smoker

20 23.38 29.39 36.56 41.79 48.57 55.35 62.13 75.70 89.26 109.60

25 21.68 27.03 33.41 38.06 44.10 50.14 56.17 68.25 80.32 98.43

30 22.66 28.39 35.23 40.22 46.69 53.16 59.62 72.56 85.50 104.90

35 23.65 29.76 37.05 42.38 49.28 56.17 63.07 76.87 90.67 111.37

40 31.18 40.20 50.98 58.84 69.03 79.22 89.42 109.80 130.18 160.76

45 44.97 59.35 76.50 89.02 105.25 121.48 137.71 170.17 202.63 251.31

50 70.60 94.90 123.91 145.08 172.52 199.96 227.40 282.28 337.16 419.48

(17)

Premium Calculator

The premium calculator on this page, along with the tables below, lets you calculate your approximate monthly premium effective as at 1 January 2013. Premium rates are not guaranteed and may change in the future.

Your Certificate of Insurance will show your initial monthly premium.

Write the amount of your approved home loan here

Divide A by 1,000 A :– 1,000 =

Select the rate for your current age, gender, smoker status and sum insured range (from foldout below)

Multiply B by C B x C =

Add monthly Plan Fee of $7.88 D + $7.88 =

(add only $1.57 when doing this calculation for the second insured person)

$ A

$

B $350

C Age 30, male

non-smoker 0.089

$ D

$350 x 0.089

$31.28

$ $31.28 + $7.88

$39.16 example

$350,000

4

(18)

Base premium rate for sum insured between $1 – $149,999

male male female female

non smoker non smoker smoker smoker non smoker non smoker smoker smoker

age rate ($) age rate ($) age rate ($) age rate ($) age rate ($) age rate ($) age rate ($) age rate ($)

18 0.107 39 0.144 18 0.107 39 0.349 18 0.071 39 0.106 18 0.071 39 0.216

19 0.121 40 0.155 19 0.194 40 0.374 19 0.095 40 0.116 19 0.172 40 0.233

20 0.123 41 0.168 20 0.198 41 0.409 20 0.088 41 0.126 20 0.155 41 0.251

21 0.125 42 0.185 21 0.199 42 0.448 21 0.085 42 0.138 21 0.151 42 0.278

22 0.122 43 0.200 22 0.195 43 0.492 22 0.084 43 0.150 22 0.147 43 0.304

23 0.119 44 0.220 23 0.189 44 0.559 23 0.081 44 0.163 23 0.141 44 0.331

24 0.114 45 0.246 24 0.183 45 0.609 24 0.082 45 0.185 24 0.142 45 0.371

25 0.109 46 0.271 25 0.183 46 0.670 25 0.078 46 0.208 25 0.138 46 0.420

26 0.106 47 0.305 26 0.185 47 0.746 26 0.078 47 0.233 26 0.141 47 0.475

27 0.104 48 0.347 27 0.184 48 0.836 27 0.077 48 0.259 27 0.138 48 0.529

28 0.102 49 0.392 28 0.186 49 0.932 28 0.078 49 0.285 28 0.144 49 0.577

29 0.102 50 0.441 29 0.196 50 1.043 29 0.078 50 0.314 29 0.147 50 0.627

30 0.102 51 0.502 30 0.194 51 1.144 30 0.079 51 0.349 30 0.148 51 0.681

31 0.105 52 0.565 31 0.207 52 1.277 31 0.080 52 0.383 31 0.145 52 0.732

32 0.107 53 0.636 32 0.220 53 1.426 32 0.080 53 0.427 32 0.145 53 0.802

33 0.111 54 0.714 33 0.228 54 1.503 33 0.082 54 0.477 33 0.146 54 0.875

34 0.112 55* 0.831 34 0.239 55* 1.732 34 0.083 55* 0.544 34 0.152 55* 0.994

35 0.116 56* 0.965 35 0.255 56* 1.970 35 0.085 56* 0.606 35 0.158 56* 1.060

36 0.123 57* 1.057 36 0.276 57* 2.075 36 0.088 57* 0.655 36 0.166 57* 1.123

37 0.129 58* 1.162 37 0.297 58* 2.203 37 0.089 58* 0.720 37 0.172 58* 1.219

38 0.138 59* 1.278 38 0.323 59* 2.319 38 0.093 59* 0.794 38 0.184 59* 1.321

Base premium rate for sum insured between $150,000 – $249,999

male male female female

non smoker non smoker smoker smoker non smoker non smoker smoker smoker

age rate ($) age rate ($) age rate ($) age rate ($) age rate ($) age rate ($) age rate ($) age rate ($)

18 0.099 39 0.133 18 0.099 39 0.323 18 0.065 39 0.098 18 0.065 39 0.200

19 0.112 40 0.143 19 0.180 40 0.346 19 0.088 40 0.107 19 0.159 40 0.215

20 0.114 41 0.155 20 0.183 41 0.379 20 0.081 41 0.117 20 0.143 41 0.232

21 0.115 42 0.171 21 0.184 42 0.414 21 0.079 42 0.128 21 0.140 42 0.257

22 0.113 43 0.185 22 0.181 43 0.455 22 0.078 43 0.138 22 0.136 43 0.281

23 0.110 44 0.204 23 0.175 44 0.517 23 0.075 44 0.151 23 0.130 44 0.306

24 0.105 45 0.227 24 0.169 45 0.564 24 0.075 45 0.171 24 0.131 45 0.343

25 0.101 46 0.251 25 0.169 46 0.620 25 0.072 46 0.192 25 0.128 46 0.389

26 0.098 47 0.282 26 0.172 47 0.690 26 0.072 47 0.215 26 0.130 47 0.439

27 0.096 48 0.321 27 0.170 48 0.773 27 0.071 48 0.240 27 0.128 48 0.489

28 0.094 49 0.363 28 0.172 49 0.862 28 0.072 49 0.264 28 0.133 49 0.534

29 0.094 50 0.408 29 0.182 50 0.965 29 0.072 50 0.291 29 0.136 50 0.580

30 0.094 51 0.464 30 0.179 51 1.058 30 0.073 51 0.322 30 0.137 51 0.630

31 0.097 52 0.523 31 0.191 52 1.181 31 0.074 52 0.355 31 0.134 52 0.677

32 0.099 53 0.588 32 0.203 53 1.319 32 0.074 53 0.395 32 0.134 53 0.742

33 0.103 54 0.661 33 0.211 54 1.391 33 0.075 54 0.441 33 0.135 54 0.810

34 0.104 55* 0.769 34 0.221 55* 1.602 34 0.077 55* 0.503 34 0.141 55* 0.919

35 0.108 56* 0.893 35 0.236 56* 1.823 35 0.079 56* 0.560 35 0.146 56* 0.980

36 0.114 57* 0.978 36 0.255 57* 1.920 36 0.081 57* 0.606 36 0.153 57* 1.038

37 0.119 58* 1.075 37 0.274 58* 2.038 37 0.082 58* 0.666 37 0.159 58* 1.127

38 0.128 59* 1.182 38 0.299 59* 2.145 38 0.086 59* 0.734 38 0.170 59* 1.222

2.145

Base premium rate for sum insured between $250,000 – $750,000

male male female female

non smoker non smoker smoker smoker non smoker non smoker smoker smoker

age rate ($) age rate ($) age rate ($) age rate ($) age rate ($) age rate ($) age rate ($) age rate ($)

18 0.093 39 0.126 18 0.093 39 0.306 18 0.062 39 0.093 18 0.062 39 0.189

19 0.106 40 0.136 19 0.170 40 0.327 19 0.083 40 0.101 19 0.151 40 0.204

20 0.107 41 0.147 20 0.173 41 0.358 20 0.077 41 0.111 20 0.136 41 0.220

21 0.109 42 0.162 21 0.174 42 0.392 21 0.074 42 0.121 21 0.132 42 0.243

22 0.107 43 0.175 22 0.171 43 0.430 22 0.074 43 0.131 22 0.129 43 0.266

23 0.104 44 0.193 23 0.165 44 0.489 23 0.071 44 0.143 23 0.123 44 0.289

24 0.100 45 0.215 24 0.160 45 0.533 24 0.071 45 0.162 24 0.124 45 0.325

25 0.096 46 0.238 25 0.160 46 0.586 25 0.068 46 0.182 25 0.121 46 0.368

26 0.093 47 0.267 26 0.162 47 0.653 26 0.068 47 0.204 26 0.123 47 0.416

27 0.091 48 0.303 27 0.161 48 0.731 27 0.067 48 0.227 27 0.121 48 0.463

28 0.089 49 0.343 28 0.163 49 0.815 28 0.068 49 0.249 28 0.126 49 0.505

29 0.089 50 0.386 29 0.172 50 0.913 29 0.068 50 0.275 29 0.129 50 0.549

30 0.089 51 0.439 30 0.169 51 1.001 30 0.069 51 0.305 30 0.129 51 0.596

31 0.092 52 0.495 31 0.181 52 1.117 31 0.070 52 0.336 31 0.127 52 0.641

32 0.093 53 0.557 32 0.192 53 1.247 32 0.070 53 0.374 32 0.127 53 0.702

33 0.097 54 0.625 33 0.200 54 1.316 33 0.071 54 0.417 33 0.128 54 0.766

34 0.098 55* 0.728 34 0.209 55* 1.515 34 0.073 55* 0.476 34 0.133 55* 0.869

35 0.102 56* 0.844 35 0.223 56* 1.724 35 0.074 56* 0.530 35 0.138 56* 0.927

36 0.107 57* 0.925 36 0.241 57* 1.816 36 0.077 57* 0.573 36 0.145 57* 0.982

37 0.113 58* 1.017 37 0.260 58* 1.928 37 0.078 58* 0.630 37 0.151 58* 1.066

(19)

Phone 131 267 Fax 1300 301 267

You can also contact us at our website amp.com.au

If you have an enquiry or complaint, please remember to advise your name, date of birth, address and plan number.

Address Customer Service PO Box 300

Parramatta NSW 2124

Contact us

Loan Cover is issued by amP Life Limited aBN 84 079 300 379, aFS Licence No. 233671.

Premium tables and

example premium

payments

this Premium Booklet forms part of the Loan Cover Product Disclosure Statement dated 1 January 2012

Premium

Booklet

Dated 1 January 2013

amP Life Limited

33 alfred Street, Sydney NSW 2000 aUZ00593 NS5087 12/12

References

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