AMP Income Protection Insurance – fine print
The entry age range for AMP Income Cover is 20 – 55 years. AMP Income Cover will cover you until you are 65.
Under current legislation if the Policy Owner and Person Insured are the same, your Income Cover premiums may be tax deductible. Your tax adviser can talk to you about your individual circumstances.
The premium for the amount of cover you have depends on such things as your age, sex, occupation, and health risks (like smoking).
You can cancel any new cover within 14 days of receiving your policy document. We’ll refund any premiums you’ve paid for this cover. After 14 days you can still cancel your cover and we will refund the money you’ve paid in advance for the period after cancellation.
The Future Cover option works with your Income Cover and will be valid for four years. You can activate this option as soon as your income increases and up until one month after the following policy anniversary.
This brochure outlines the cover available to you with AMP Income Cover. A policy document, which we will send to you, outlines the full terms and conditions and includes a schedule showing your individual
policy details.
You’re welcome to look at a sample policy document – just ask your Adviser. Call 09 303 1541 today or email leo_harper@amp.co.nz.
