{"id":47111,"date":"2019-11-15T12:57:51","date_gmt":"2019-11-15T01:57:51","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=47111"},"modified":"2019-11-20T06:02:29","modified_gmt":"2019-11-19T19:02:29","slug":"mlc-passback-definitions-upgrade","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2019\/11\/15\/mlc-passback-definitions-upgrade\/","title":{"rendered":"MLC Pass-Back Definitions Upgrade"},"content":{"rendered":"<p><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/11\/191101-MLCI1083-PPP-and-PF-Passback-Definitions-Upgrade-Adviser-FAQs-003.pdf\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-47170\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/11\/191115-MLC-Update.png\" alt=\"\" width=\"185\" height=\"262\" srcset=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/11\/191115-MLC-Update.png 619w, https:\/\/riskinfo.com.au\/news\/files\/2019\/11\/191115-MLC-Update-212x300.png 212w\" sizes=\"auto, (max-width: 185px) 100vw, 185px\" \/><\/a>MLC Life Insurance has released a set of enhancements for its now-closed Personal Protection Portfolio and Protection<em>first<\/em> product ranges.<\/p>\n<p><!--more-->Taking effect from 1 November 2019, the passed-back enhancements comprise medical and product terms updates centred mostly around critical illness definitions.<\/p>\n<p>While the focus of the enhancements is on critical illness definitions, updates have also been applied for Life, TPD and Income Protection policy benefits.<\/p>\n<p>The insurer has released a <a href=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/11\/191101-MLCI1083-PPP-and-PF-Passback-Definitions-Upgrade-Adviser-FAQs-003.pdf\" target=\"_blank\" rel=\"noopener\">summary of the changes<\/a> for advisers, which are also documented in Supplementary Product Disclosure Statements:<\/p>\n<ul>\n<li><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/11\/191101-MLCI000184-A127426-PPPLCS-PDS-Kit-Combo-Document-1.pdf\" target=\"_blank\" rel=\"noopener\">MLC Personal Protection Portfolio and Life Cover Super PDS Kit<\/a><\/li>\n<li><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/11\/191101-MLC-PF-AV010B-1010-2.pdf\" target=\"_blank\" rel=\"noopener\">MLC Protection<em>first<\/em> PDS Kit<\/a><\/li>\n<\/ul>\n<p>MLC Life Insurance has also released a new Product Disclosure Statement for its on-sale MLC Insurance range, but has confirmed that the only change in its current series has been the removal of its Accidental Death insurance option.<\/p>\n<p><a href=\"https:\/\/riskinfo.com.au\/resource-centre\/product-disclosure-statements\/mlc-insurance-mlc-insurance-super-pds-011119\/\" target=\"_blank\" rel=\"noopener\">Click here<\/a> to access the updated MLC Insurance PDS, which also has an effective date of 1 November 2019.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MLC Life Insurance has released a set of enhancements for its now-closed Personal Protection Portfolio and Protectionfirst product ranges.<\/p>\n","protected":false},"author":3,"featured_media":47249,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[4247],"class_list":["post-47111","post","type-post","status-publish","format-standard","has-post-thumbnail","category-products","tag-feature"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/47111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=47111"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/47111\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/47249"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=47111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=47111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=47111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}