A two-year rate guarantee applies to all new Futura Protection plans. This means your base premium rate on your Futura Protection plan won’t change within two years of the plan commencement date.

After that time, base premium rates are not guaranteed, and your base premium rates may be increased or decreased in the future. Any change to base premium rates will apply to all plans in a defined group. Your individual plan will not be singled out.

Any discounts applied to your plan are not guaranteed and may be removed or varied.

For detailed information on how life insurance premiums are calculated and when premium rates can change, including the factors impacting our decision to change premium rates, please refer to the Futura Protection PDS.