Consumer Capability and Preference
How Often Rates Change

Fidelity Life Changes Effecitve 1 July

In Fidelity Life's May Update on Apollo they released the following information:

Key changes made in this update include:

  • Trauma Cover, Trauma Multi Cover and the Trauma component of Survivor's Income Cover rates increase effective 1st July 2016 for PlatinumPlus YRT and Mortgage Protector Plans.
  • TPD extension rate reduction effective 1st July for PlatinumPlus YRT and Mortgage Protector for new and existing business.
  • TPD extension rate reduction effective 1st July for PlatinumPlus Level Term plan for new business.
  • Self-Employed and Established Proprietor employment status options have been renamed.
  • Updated product documents, including updated application forms.
  • Other bug fixes.

We will advise you of the scale of the rate changes when they have been reviewed.

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