Unfortunately, premium rates are not guaranteed and the cost of providing Life Insurance does increase as you get older. This means your premiums generally increase over time.

Adding another person to your policy or increasing your cover amount will also cause your premiums to go up. If you choose Suncorp Life Inflation Protection option, your cover amount will grow over time, helping to protecti the value of your payout against inflation. This means your premiums also rise slightly from year to year in line with your increased benefit amount.

If anything does change with your premium, Suncorp Life will give you at least 30 days’ written notice. You will never be singled out for a premium increase and Suncorp Lifecannot change your premium if your health changes.