Protection Plans

Don't get caught out saying 'it won't happen to me'

Insurance is all about protecting the things and people that matter if you aren't in a position to do so yourself. It provides real help when you need it, if you get hurt and can't work, become disabled, or worse lose your life. It's at that life-changing point in time you'll want the reassurance that you and your family will be looked after.

Unfortunately Australians are chronically under-insured when it comes to our more precious assets of all – ourselves. And consider these facts:

• 1 in 4 females will get cancer before the age of 75¹
• 1 in 3 become disabled for more than 3 months before the age of 65 and have no income²
• 1 in 13 people claim on a home and contents policy³

An insurance payout can make a huge difference to the immediate wellbeing and future comfort of those you love. In the event of something happening to you, your insurance payouts can be used to:

• Clear debts
• Pay for funeral expenses
• Invest to generate replacement income
• Cover childcare costs for dependants
• Pay medical expenses
• Pay for medical rehabilitation
• Pay for home medications
• Make any necessary lifestyle changes.

BT Protection Plans put you in control and provide protection for life.

How Protection Plans can work for you

Protection Plans provide a comprehensive range of insurance solutions that offer protection for a wide range of situations. You can fully tailor the policy to your individual needs. This includes deciding who is to own the policy, how to structure the payment options and which premium options apply. 

Protection we provide

Cover	Benefit	Protection Plans policies
Death and terminal illness	Receive a one-off lump sum payment in the event of death or on diagnosis of a terminal illness	Term Life Term Life as Superannuation
Total and permanent disablement	Receive a one-off lump sum payment in the event you are unlikely to work, perform household duties again or suffer a loss of ability due to a permanent disability	Standalone Total and Permanent Disablement
Sickness or injury	Receive a one-off lump sum payment if you suffer from one of a range of specified medical events such as cancer, a heart condition or loss of limb	Standalone Living Insurance
	Replace up to 80% of your monthly income if you're unable to work at your full capacity due to sickness or injury	Income Protection Income Protection Plus
	Cover up to 100% of your monthly allowable business expenses if you're unable to work at your full capacity in your business due to sickness or injury	Business Overheads
Other special circumstances	Receive a one-off lump sum payment if you contract HIV or Hepatitis B or C while performing your duties as a medical professional	Needlestick Benefit
	Receive a one-off lump sum payment if your child suffers from one of a range of specified medical events	Children's Benefit

Ask a Financial Planner

To make an informed decision about what's right for you, talk to a BankSA Financial Planner who will help you tailor a plan to suit your individual financial circumstances and stage of life.   

Need more detail? It's important to understand what you are and aren't covered for. For more policy details, please refer to the BT Protection Plans Product Disclosure Statement and Policy Document (PDS).

• Call us on 1300 553 764 Monday to Friday 8am-6pm
• Visit a branch
• Talk to a financial planner. To arrange an appointment with a BankSA Financial Planner, call 1300 301 641 Monday to Friday  8am-6pm.