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Common Health Insurance Terms Explained
The private health insurance world can be full of acronyms and complicated jargon. So to help you understand the meaning of some common terms and phrases, we've put together the A-Z of health insurance terms.
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Products and services including banking, superannuation and insurance (including life insurance, home and car insurance) are provided by separate companies in the Suncorp Group.
Banking products are issued by Suncorp-Metway Ltd ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence number 229882 ("Suncorp Bank"). Fees, charges, terms and conditions apply and are available on request. Suncorp Bank is only liable for the banking products or services it provides and not the products and services of the other companies in the Suncorp Group.
Insurance is issued by AAI Limited ABN 48 005 297 807 trading as Suncorp Insurance.
Suncorp Brighter Super is issued by Suncorp Portfolio Services Limited ABN 61 063 427 958 AFSL 237905 RSE licence no L0002059 (SPSL) as trustee for Suncorp Master Trust R1056655 ABN 98 30 952 022. Insurance cover within Brighter Super is issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530, AFSL 229880 (SLSL).
Suncorp Everyday Super is issued by Suncorp Portfolio Services Limited (Trustee), (ABN 61 063 427 958, AFSL 237905, RSE Licence No L0002059) and is part of the Suncorp Master Trust (Fund) (ABN 98 350 952 022, RSE Fund Registration No. R1056655). Insurance cover within Suncorp Everyday Super is issued by Suncorp Life & Superannuation Limited (SLSL) ABN 87 073 979 530, AFSL 229880.
Suncorp Health Insurance is issued by nib health funds limited ABN 83 000 124 381 (nib) a registered private health insurer and is arranged by Suncorp Insurance Ventures Pty Ltd ABN 53 158 182 042 as an authorised agent of nib, for which it receives commission.
Suncorp life insurance products are issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530, AFSL 229 880, and AAI Limited ABN 48 005 297 807, AFSL 230859, who only issues the redundancy benefit. Suncorp life insurance products are distributed by Suncorp Financial Services Pty Ltd ABN 50 010 844 621, AFSL 229885.