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The plan fee pays for setting up and administering your insurance plan. Plan fees increase each year (usually around January) in line with increases in the Consumer Price Index (CPI). Any increase in plan fees will be applied to your plan from your plan anniversary date (also referred to as the plan ‘extension date’). The table below sets out Elevate Insurance fees applicable from 1 February 2025.
| Plan fee per payment ($) | ||
|---|---|---|
| Premium Frequency | Non-Superannuation including SMSF | Superannuation |
| Monthly | 7.46 | 7.34 |
| Quarterly | 22.38 | 22.03 |
| Half-yearly | 44.75 | 44.05 |
| Yearly | 85.68 | 84.36 |
If you’d like to know more about the plan fees applying to your insurance cover, please refer to the Elevate PDS or to your insurance schedule. You may also contact us or speak with your financial adviser.
Important information
Where the information on this website is factual information only, it does not contain any financial product advice or make any recommendations about a financial product or service being right for you. Any advice is provided by Resolution Life Australasia Limited ABN 84 079 300 379, AFSL No. 233671 (Resolution Life), is general advice and does not take into account your objectives, financial situation or needs. Before acting on this advice, you should consider the appropriateness of the advice having regard to your objectives, financial situation and needs, as well as the product disclosure statement and policy document for the product. Any guarantee offered in the product is only provided by Resolution Life. Any Target Market Determinations for our products can be found at resolutionlife.com.au/target-market-determinations.
Resolution Life does not make any representation or warranty as to the accuracy, reliability or completeness of material on this website nor accepts any liability or responsibility for any acts or decisions based on such information.
Resolution Life can be contacted at resolutionlife.com.au/contact-us or by calling 133 731.
