Product Disclosure - Limitations, reductions, exclusions



Before settling any claims, we will require evidence that is satisfactory to us. We will deduct any amount owed to us from the policy proceeds before settling any claims including any due and unpaid premiums during the grace period.


Policy validity

The validity of the policy is conditional upon the accurate representation of the facts we need to issue or reinstate the policy.

Misrepresentation of, or failure to disclose to us or to our medical examiners, in the application or any document which form part of the policy, any fact that is material to insurance applied for will allow us to contest the validity of the policy and/or coverage and deny the claim, and may render the policy and/or coverage void by us.


Misrepresentation of smoking habits

If a non-smoker class rate has been granted to an insured under this policy on the basis of incorrect or incomplete evidence, the coverages associated with the insured shall be void and terminated.


Misstatement of age or sex

Each coverage in this policy is issued using the age of the insured at the birthday nearest to the coverage issue date. If the age or sex of the insured is misstated on the application or the policy data page, the amount payable to Standard Life under any provision of this policy shall be adjusted to the amount payable had the age or sex been correctly stated. However, the true age will be used for the determination of the termination of coverage.