MLC Life Insurance has implemented further relief measures for customers facing hardship arising from bushfires across Australia.
Premiums will be waived for up to three months for affected retail insurance customers, MLC Life Insurance said in a statement.
Relief measures had been in place for MLC Life Insurance retail customers in NSW and Queensland since November.
In response to the Australian bushfires, the insurer announced the premium waiver will be available to existing customers who reside in a bushfire-affected area nationwide.
“We are deeply saddened to learn of the loss of life and devastation caused by the immense scale of bushfires across Australia,” said MLC Life Insurance chief executive David Hackett.
“By offering this assistance to our customers, MLC Life Insurance wants to support them to ensure that their life insurance cover remains in place, so they can focus on restoring their lives as quickly as possible.”
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin