Insurance premiums
If you have selected insurance cover through your account, the premiums payable will be deducted from your Cash Account. Premiums will be deducted monthly or annually in advance in line with the cover anniversary. If the date shown falls on a weekend or public holiday, the premium will be deducted on the next business day following the due date.
Refer to the relevant Macquarie Life insurance PDS for further details in relation to insurance premiums.
Part A of the Avenue Retirement Service PDS