insurance products

Allianz LifeCover Insurance

Many people insure their home, their personal possessions
and their car, but fail to insure their most important
thing – Their Life!

It’s not something we like to think about, but if you died,
would your family or other dependants be able to cope financially?

Allianz LifeCover is a safety-net you can provide for
your dependants, should the unthinkable happen.

Click on Allianz LifeCover to find out more.

Latrobe Heath Insurance

By having private health cover, you and your
family can enjoy a healthy lifestyle and not worry
about the ongoing cost of visiting the dentist,
doctor or hospital.

At mecu we have a range of private health cover
packages developed in conjunction with Latrobe Health
Services that can be personalised to suit you and your family's needs.

Top Hospital

Our most comprehensive hospital cover, for piece of mind, with no excess or co-payment

Top Hospital MemberShare

Same as Top Hospital, but you save on the cost by paying a capped daily co-payment.

Top Hospital CoverWise

Same as Top Hospital, but you save on the cost by paying an excess

Loyal Members

Same as Top Hospital, but you save on the cost by paying a reducing excess for the first four years.

Family Care Hospital

Same as Top Hospital Cover for families with single dependants between 18 -24 who are no longer full time students.

Healthy Start Package

If you’re a young active single, Healthy Start is the ideal package of Hospital cover with some important extras to suit your needs and budget.

Medicare Surcharge Levy

High income earners who exceed the following taxable income thresholds will have to pay an additional 1% Medicare Levy if they do not hold a private hospital cover. To be exempted from the 1% Surcharge the hospital cover must have an excess that is less than or equal to $700 for single memberships or $1400 for family memberships.

Taxable Income Thresholds :

• Single memberships : $70,000 per annum
• Family memberships : $140,000 per annum plus an additional $1500 per child if there is more than one child covered by the policy.

It is important to note the additional 1% Medicare Surcharge Levy may be applied for any period that a membership is suspended.

Gap-Cover for In-Hospital Costs –Many people are concerned that even with private hospital cover they might still face out-of-pocket medical expenses after a stay in hospital. Medicare pays 75% of the government schedule fee for in-hospital medical services and Latrobe pays the remaining 25%. If your doctors charge more than the government schedule fee, Just Ask!® reduces or even eliminates out-of-pocket medical expenses. When you and your doctors participate, you can claim up to a maximum of 25% additional medical gap benefits, depending on the services provided. It's simple and it's included with every mecu hospital cover option. You aren't limited to a list of participating medical practitioners, there are no gap contracts and your doctors are free to charge their normal fee. Everyone can participate in our easy 2-step solution to the gap problem

for more info and to apply

contact an mecu insurance consultant on 132 888.

*Featured product on home page disclaimer: Price is per day, based on Top Hospital CoverWise X5 product with $1,000 excess. Subject to approval by Latrobe Health Services Limited. If the Medicare Levy Surcharge affects you, do not choose Top Hospital CoverWise X4 or X5.

Zurich Ezicover Term Insurance

• Pays a lump sum on death or terminal illness.
• Does not normally require a medical or interview
• 100% payout on medical diagnosis of a terminal illness where life expectancy is less than 12 months.

*All of the Ezicover insurances offer the first month's premium free upon acceptance and include a 21 day cooling off period

for more info and to apply

Contact an mecu insurance consultant on 132 888

Click here for more info (external site)

Zurich Ezicover Income Replacement Insurance

• Insures up to 75% of your income – (Min. available cover $1500 per month – Max. $3500 per month)
• Has affordable tax-deductible premiums
• Includes a Funeral benefit

*All of the Ezicover insurances offer the first month's premium free upon acceptance and include a 21 day cooling off period

for more info and to apply

Contact an mecu insurance consultant on 132 888

Click here for more info (external site).

Zurich Ezicover Trauma Insurance

• Pays the full benefit in the event you meet the policy definition of one of the four specified traumas and you survive for at least 14 days
• Competitive premium rates

*All of the Ezicover insurances offer the first month's premium free upon acceptance and include a 21 day cooling off period

for more info and to apply

Contact an mecu insurance consultant on 132 888

Click here for more info (external site)

Personal Risk Insurance Disclaimer

Disclaimer

These Insurances (with the exception of Allianz LifeCover Insurance) are underwritten by Allianz Australia Insurance Limited (Allianz) AFS License No. 234708 ABN 15 000 122 850. Allianz LifeCover Insurance is underwritten by Allianz Australia Life Insurance Limited (Allianz Life) AFS Licence No. 296559 ABN 27 076 033 782.
mecu act as agent for Allianz and Allianz Life, not as your agent. We receive commission on these insurance products as a percentage of the premium paid for each policy ranging from 20%. A Product Disclosure Statement (PDS) for insurance products can be requested by calling 132 888. Between 8:00am and 6:00pm AEST, Monday to Friday. Any advice here does not take into consideration your objectives, financial situation or needs which you should consider before acting on our recommendations. You should read and consider the PDS before deciding whether to acquire any product mentioned.

General Advice Warning
In providing you with this information you should consider the appropriateness of this advice with regards to your particular financial situation and needs. You should consult the Product Disclosure Statement for each product and the  Financial Services Guide before making a decision to apply for products with mecu .