The policies provided by MLC Insurance demand special mention. It is mainly because the company automatically upgrades the policies regardless of the age and health status of the policyholder. Upgrades are carried out whenever the company improves its products. MLC offers highly sustainable premiums so that you as a policy holder can continue paying premiums and hold the insurance policy for a long term. Let us discuss some of the policies offered by MLC.

MLC Insurance Policies

Loan Insurance

• MLC Easy Cover It is one of the simplest packages offered by the company. This insurance is available when you are setting up your home loan. Under this scheme, you can make repayments even if something happens to you.
• MLC Personal Loan Cover This insurance policy is for the NAB personal loans. The policy protects your repayments of NAB personal loan from unforeseen circumstances or cracks in your income.
• NAB Credit Card Cover In case you meet with unforeseen events, the NAB Credit Card cover enables you to meet all your credit card repayments.

Personal Insurance

• MLC Insurance It has numerous insurance policies under its kitty. They are tailor-made to suit all the requirements of the clients, their needs and budgets. The range of insurances available is Critical Illness, Life Cover, Income Protection, Total and Permanent Disability, Accidental Death, Business Expenses Protection, Child Critical Illness and Premium Waiver, and Occupationally Acquired Infection.
• MLC (Super) Insurance These policies are a convenient way for the client to get protection. The types are Income Protection, Total and Permanent Disability, Life Cover, Premium Waiver and Accidental Death.
• MLC Personal Protection Portfolio As this portfolio has been closed by the company, it is no longer available. However, those who already hold the policy can keep increasing or decreasing cover, make alterations and add newer benefits. You must have a talk with the advisor before making changes to the policies. The same is the case with MLC Life Cover Super.
• MLC Protectionfirst It ensures the clients and their families, protection and financial security in case of unwanted, unforeseen emergencies during their lifetime policy.

General Insurance

The types of policies available are NAB Home and Contents Insurance, NAB Car Insurance, and NAB Residential Investor Insurance that protects not only the property but also rental income the property generates.

Group Insurance

MLC Group Insurance is provided to fund members or employees outside or inside of superannuation.