Things you should know
Business insurance policies are issued by Allianz Australia Insurance Ltd ABN 15 000 122 850 (Allianz). Westpac Banking Corporation ABN 33 007 457 141 (the Bank) refers clients to Allianz for their business insurance needs, but does not guarantee the insurance. Policy terms, conditions, limits and exclusions apply.
The Insurer of Westpac Protection Plans, including Key Person Income insurance, is Westpac Life Insurance Services Limited ABN 31 003 149 157 ('the Insurer'). Westpac Protection Plans are issued by the Insurer except for Term Life as Superannuation and Income Protection as Superannuation which are issued by Westpac Securities Administration Limited ABN 77 000 049 472 ('WSAL') as trustee of the Westpac MasterTrust ABN 81 236 903 448, and distributed by Westpac Banking Corporation ABN 33 007 457 141 ('the Bank'). The Insurer and WSAL are wholly owned subsidiaries of the Bank. The Bank does not guarantee payments under the policy.
If you take out Business Insurance or Farm Insurance with Allianz, the Bank will receive a commission of 14% of the first year’s premium and 10% of the premium for any renewals.
This information does not take into account your personal circumstances. Read the relevant Product Disclosure Statement to see if the insurance is right for you.