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More TPD cover for Qantas members

MLC has sealed a deal to provide additional voluntary levels of total and permanent disability (TPD) cover for Qantas Super members.

Under the new deal, members can apply online with no medical questions for up to $750,000 of death and TPD cover.

They can also apply for up to $50,000 of additional death and TPD cover when their situation changes due to life events such as marrying or having a baby.

For members seeking medically underwritten cover, they can now obtain up to $10 million of death and $3 million of TPD.

Meanwhile, MLC has reduced the number of pages in its product disclosure statements for the Masterkey products to eight ahead of the Federal Government’s June deadline.