TAL waives insurance premiums for drought affected farmers

2018 -

Supporting our farmers to maintain their insurance cover

From 1 September 2018, TAL will be waiving insurance premiums for drought affected farmers.

The waiver will be available to existing TAL customers holding policies directly with TAL or through a financial adviser who qualify for the Federal Government's Farm Household Allowance and who live in a drought-declared area. 

Customers on TAL's Insuranceline and Alliance partner products will also be eligible for the insurance premium waiver.

Premiums will be waived for payments that are due from 1 September 2018 and eligible customers can apply for the waiver until 30 November 2018.  The premium waiver will apply for a period of up to six months.

TAL Group CEO and Managing Director, Brett Clark, said, “The current drought is placing immense strain on Australia’s farmers, who form part of the backbone of This Australian Life.

“We understand that in these challenging circumstances, every dollar counts, and we are proud to support farmers who are impacted by the drought.  We encourage our customers to contact TAL or their financial adviser to access the premium relief package.

“This support will ensure that farmers in drought affected areas and their families can maintain the life insurance cover they need and provide some financial relief during this difficult time,” he said.

How to apply
Eligible TAL customers can apply before 30 November 2018 by calling TAL’s Customer Service Centre directly on 1300 209 088. The team are available from 8am – 7:00pm AEST Monday to Friday.

Customers can also apply by sending an email to: customerservice@tal.com.au.

To apply, customers will need to supply a copy of their Federal Government Farm Household Allowance approval (or other verification that they are receiving the allowance).

Customers with a financial adviser can contact their adviser to process the application.

For more information, please visit: https://www.tal.com.au/slice-of-life-blog/insurance-premium-relief-for-our-drought-affected-farmers.

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2025 © TAL Services Limited a Dai-ichi Life Group Company.

"TAL is Australia's leading life insurer" based on Inforce premiums for risk only life insurance policies, NMG Consulting (2023).

Any financial product advice is general in nature only and does not take into account any person’s objectives, financial situation or needs. Before acting on it, the appropriateness of the advice for any person should be considered, having regard to those factors. Persons deciding whether to acquire or continue to hold life insurance issued by TAL should consider the relevant Product Disclosure Statement (PDS). The Target Market Determination (TMD) for the product (where applicable) is also available. Life insurance issued by TAL Life Limited ABN 70 050 109 450 AFSL 237848.