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									                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      LIFE INSURANCE
Are there any risks you need to be aware of?                                    outlines how we collect, use and disclose personal information. You can        Post:                   The Executive Officer






There are some risks if you take out Lite Life Direct. The most significant     ask for access to any of your personal information by contacting us.                                   Financial Ombudsman Service
risks are that:                                                                                                                                                                        GPO Box 3,


                                                                                Making a claim                                                                                         Melbourne, Victoria 3001
G   a benefit will not be payable under this policy because an                  To make a claim, your representative, the executor or administrator of your    Telephone:              1300 780 808 (local fee applies)






    exclusion applies or you did not satisfy your duty of disclosure;


                                                                                estate can contact us, and we will guide them through the claims process.      Website:      
                                                                                Claims should be made within 120 days of your date of death. The               Email:        
G   the benefit you select or we agree to may be insufficient to meet
                                                                                person making the claim under this policy must provide us with an original     This organisation investigates and determines complaints. Their decision is
    your needs.






                                                                                death and birth certificates or certified copies of both the death and birth   binding on Us (up to specified limits) but not on You. It is a service provided

                                                                                certificates and such records or evidence of your medical history as we


Your duty of disclosure                                                                                                                                        without charge to You.
                                                                                may reasonably require.
What you must tell us                                                                                                                                          Are there any tax implications?






                                                                                We have no obligation to pay any benefit under this policy if a claim is
Before we agree to insure you, you have a duty of disclosure under law


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Protecting your
                                                                                made more than 120 days after your death without good cause or if we           In most cases your premium will not be tax deductible and tax will not be
to tell us anything you know, or could reasonably be expected to know,
                                                                                do not have evidence to our satisfaction of your death or the cause of         payable on any benefit paid under your policy.
which is relevant to our decision as to whether to insure you and on

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 family’s future.
                                                                                your death. If any premium remains unpaid then no claim may be made            However, there may be exceptions and it is possible that you will be able


what terms.





                                                                                under this policy until payment has been received.                             to claim a tax deduction on your premium or that tax may be payable on a


What you do not need to tell us                                                                                                                                benefit paid under this policy or both.

You do not need to tell us anything that:                                       Questions and complaints

                                                                                                                                                                                                                                                                                                                                                                                                                                                      *Initial premium rates which apply as at the date of this PDS. Renewable premium rates for ages 55-69 are available on request.
                                                                                                                                                               We recommend that you consult your accountant or financial adviser for






                                                                                Any enquiry or complaint regarding this Policy should in the first instance
    reduces our risk;


G                                                                                                                                                              advice on any taxation implications of taking out Lite Life Direct.

                                                                                                                                                                                                                                                 Monthly premium rates table – see how affordable Lite Life Direct can be for you
                                                                                be addressed to:
G   is of common knowledge;
G   we know or, as an insurer, should know; or                                  Post:                    The Manager                                           If you change your mind

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Knowing you
G   we indicate that we do not want to know.                                                             St Andrew’s Life Insurance Pty Ltd                    If you are unhappy about the content of our letter to you confirming our






                                                                                                         PO Box 7395                                           acceptance of your application for Lite Life Direct or if you change your


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          have looked
If you do not tell us
                                                                                                         Cloisters Square WA 6850                              mind about Lite Life Direct, you can notify us within 21 days of the date of
If you fail to comply with your duty of disclosure and we would not have
                                                                                Telephone:               1300 363 159                                          our letter of confirmation that you wish to cancel your policy. We will refund

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          after them.






insured you if you had complied with your duty, we can avoid this policy


                                                                                Facsimile:               1300 720 722                                          any premiums you have paid.
at any time within three years of the start date of cover. This means we
                                                                                Please supply Your Policy Number to enable the enquiry to be dealt with
could refuse to pay a benefit. If you provide information fraudulently, we                                                                                     General conditions
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Lite Life Direct
                                                                                promptly. Your complaint or enquiry will be dealt with by someone with
may refuse to pay a benefit and treat the policy as never having existed


                                                                                                                                                               There are further general conditions which apply to Lite Life Direct. These





                                                                                appropriate authority.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Product Disclosure Statem
at any time.


                                                                                We will acknowledge receipt of Your complaint within 48 hours of

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              and Policy Wording.
How is your privacy protected?                                                  receipt in all cases. Alternatively, We are happy to receive Your enquiry      G      you may not transfer your rights under your policy;
                                                                                                                                                               G      your policy will be subject to the law of the State of Western






We will only collect personal information from you that facilitates our         or complaint verbally. However, where additional specific information is


internal business operations or is necessary in order for us to process,        requested by Us from a third party, a full answer to Your complaint will              Australia (as amended or affected by statutes of the
issue and administer your policy and assess and pay any claims made             follow as soon as possible after the acknowledgment letter.                           Commonwealth of Australia);
under the policy. We realise that this information is often very sensitive in                                                                                  G      the policy has no investment, cash or surrender value; and
                                                                                In the unlikely event that Your complaint is not resolved to Your






nature and will treat it with the utmost care and security. Unless required                                                                                    G      the policy is not a savings plan.
                                                                                satisfaction, You may refer the matter for a further review to the Internal                                                                                                                                                                                                                                                                                                                                                                                                                             Telephone: 1300 658 151

                                                                                                                                                                                                                                                                                                                                    Female Monthly Premiums*


by law, your personal information will not be released to anyone other          Dispute Resolution Department at the above address.                            When you apply for a Lite Life Direct policy, you agree to comply with your                                                                                                                                                                                                                                                                                                                                              Facsimile: 1300 720 722

                                                                                                                                                                                                                                                                                                                                                                                              Male Monthly Premiums*
than in the normal operation of our business (such as our re-insurers,                                                                                         obligations set out in this PDS and to take all reasonable steps to minimise                                                                                                                                                                                                                                                                                                                                             Website:
                                                                                Should the matter still not be resolved to Your satisfaction, You may refer


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        St Andrew’s Life Insurance Pty Ltd





related companies or service providers, some of which may be located                                                                                           our risk under your policy.


                                                                                the matter for an external review. You do this by putting Your position in                                                                                                                                                                                                                                                                                                                                                                                                                              Level 12, 191 St Georges Terrace
overseas) or those parties necessary to administer your claim (doctors,
                                                                                writing to:                                                                    Lite Life Direct is written out of St Andrew’s Statutory Fund No.1.                                                                                                                                                                                                                                                                                                                                                      Perth, Western Australia 6000
advisers, assessors etc).
Our privacy policy, a copy of which is available upon request via our







                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Issued by:
contact details on the back cover of this PDS or from our website,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             St Andrew’s
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        BWALLDP BWI4317 DEC08
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Life Insurance
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Pty Ltd
Happiness is knowing that the people you love can be taken care of if
something happens to you unexpectedly. Lite Life Direct issued by St
                                                                                     Important information
                                                                                     St Andrew’s Life Insurance Pty Ltd (St Andrew’s Life) ABN 98 105 176               Answers to questions about                                                        G
                                                                                                                                                                                                                                                              than 12 months;
                                                                                                                                                                                                                                                              you have complied with your duty of disclosure; and
                                                                                                                                                                                                                                                                                                                                         What is your maximum benefit?
                                                                                                                                                                                                                                                                                                                                         The maximum benefit payment that you can select for all Lite Life Direct
                                                                                                                                                                                                                                                                                                                                                                                                                         band as shown in the table within this PDS) and benefit selected. We will
                                                                                                                                                                                                                                                                                                                                                                                                                         notify you in writing of your monthly premium each year.
                                                                                                                                                                                                                                                                                                                                         policies issued by St Andrew’s is $500,000. If you die as a result of an
                                                                                                                                                                        Lite Life Direct
Andrew’s Life Insurance Pty Ltd can help your family to continue living the          243, Australian Financial Services Licence No. 281731, is the issuer and                                                                                             G   no exclusions apply.                                                                                                                                       Premium rates are not guaranteed and, as we may review our premium
                                                                                     underwriter of the Lite Life Direct insurance policy.                                                                                                                                                                                               accident, we will increase your benefit payment by $10,000. The maximum         rates for our policies from time to time, premium rates may increase.
lifestyle they have now in such circumstances.                                                                                                                                                                                                            In addition, Lite Life Direct offers you the following benefits:
                                                                                                                                                                                                                                                                                                                                         benefit or sum insured for all life insurance policies issued to you by St      Premium rates will only increase, other than as set out in the premium
                                                                                     In this Product Disclosure Statement ‘St Andrew’s’, ‘we’, ‘our’ and ‘us’ refers          I already have some life insurance. Why would I need more?                      World wide cover, 24 hours a day, 7 days a week.
                                                                                                                                                                                                                                                          G                                                                              Andrew’s and its related companies is $750,000.                                 rates table, if we review all our rates for a type of policy within the same
                                                                                     to St Andrew’s Life.                                                                     It is considered wise to review your existing insurance arrangements,       G   As an added benefit, if you die because of an accident during the
A simple thing you can do for your family                                                                                                                                                                                                                                                                                                                                                                                series (for example, all our Lite Life Direct rates). We will not single you
                                                                                                                                                                              to ensure they remain up-to-date with your current financial situation          period between the date we receive your application and the date           Can you increase your benefit?
G   Up to $500,000 life insurance to help provide financial protection for           HOW TO CONTACT ST ANDREW’S
                                                                                                                                                                              especially as we experience high levels of inflation. The high costs                                                                                       You may ask us to increase your Lite Life Direct benefit by completing          out for an increase in premiums. We will notify you of any change in
    your family                                                                      St Andrew’s can be contacted at:                                                                                                                                         we accept or decline your application, we will pay the benefit in
                                                                                                                                                                              associated with buying a home, raising children, caring for ageing                                                                                         a new application form. If we accept your application we will send you          premium rates at least 30 days before the effective date of the change.
    Cover starts from only $3.10 per week*                                           Post:                PO Box 7395                                                                                                                                         accordance with the terms of the policy. This benefit is subject to
G                                                                                                                                                                             parents or providing future financial security for your partner are all                                                                                    confirmation of your increased Lite Life Direct benefit and the total premium
                                                                                                                                                                                                                                                              the normal eligibility conditions, exclusions and maximum amounts                                                                                          What makes up your premium?
G   10% Partner Discount when both you and your partner apply                                             Cloisters Square WA 6850
                                                                                                                                                                              good reasons to consider higher amounts of protection.                                                                                                     payable by you.                                                                 We do not retain the entire premium. In addition to any commission paid,
    Terminal illness cover at no extra cost                                          Telephone:           1300 363 159                                                                                                                                        and is payable only if the period between the date we receive your
                                                                                                                                                                              Should my partner and I BOTH consider taking out Lite Life Direct?              application and the start date of cover or the date we decline the         We cannot accept an increase to your benefit if the benefit would exceed        there are a number of statutory charges and taxes that may be included
G   $10,000 advance benefit to help with funeral costs                               Facsimile:           1300 720 722

                                                                                     Email:                                            Regardless of whether yours is a one or two income household,                   cover is not greater than 60 days.                                         the maximums described below. If we do not accept your application, your        in an insurance premium. Your Lite Life Direct premium is inclusive of any
G   $10,000 additional benefit if death is the result of an accident
                                                                                     Website:                                                if something happens to either you or your partner, the financial           G   Additional Accidental Death Booster Benefit – if you die in an             existing policy will continue subject to the original terms and conditions.     applicable statutory charges and taxes.
G   Easy application process – no medical required
                                                                                                                                                                              hardship for remaining family members could be devastating.                     accident an additional $10,000 will be paid to your estate.
G   Cover 24/7, worldwide                                                            This PDS is a very important document. If you apply for Lite Life Direct, this                                                                                                                                                                      What is not covered (exclusions)?                                               What commission is paid?
                                                                                                                                                                              Losing an income or the additional costs of losing a partner such as            (An accident is an event where death is due to a physical injury
*Based on a 38 year old male, non-smoker with a nominated benefit of                 PDS, together with the letter we send to you accepting your application for                                                                                                                                                                         So that the cost of this insurance is kept low, some exclusions apply.          For any Lite Life Direct policy, St Andrew’s may pay a commission of
                                                                                                                                                                              childcare can have drastic consequenes. That’s why it’s a good idea             caused solely by violent, visible and external means. Death must
$100,000.                                                                            Lite Life Direct, forms your policy document. Your policy document contains                                                                                                                                                                                                                                                         up to 20% of the premium payable, excluding any applicable statutory
                                                                                                                                                                              to consider taking out cover for both. Lite Life Directs’ low premiums          result from the accident either immediately or within 12 months of         We will NOT pay any benefit under a Lite Life Direct policy, if:
                                                                                     all of the terms and conditions of our contract, including when we will pay a                                                                                                                                                                                                                                                       charges and taxes, to the entity with whom St Andrew’s has an
                                                                                                                                                                              mean that you and your partner can both afford to be protected. In              the accident.)                                                             G   you have reached 70 years of age;
What makes life insurance so important?                                              benefit under the policy. This PDS can only be used by customers in Australia.                                                                                                                                                                                                                                                      arrangement.
                                                                                                                                                                              fact, there’s a special 10% partner discount when you both take up          G   If you die while covered by this policy, we may advance to your            G   you have not complied with your duty of disclosure; or
Having plans in place is part of responsible life planning; especially if one        You should read these documents carefully and keep them in a safe place.                                                                                                                                                                                                                                                            Any commission we pay is included in the premium you pay – it is not
                                                                                                                                                                              this insurance.                                                                 estate up to $10,000 to assist with the costs of arranging your            G   your death results directly or indirectly from suicide or attempted
person is the primary source of income for your family. Financial worries are                                                                                                                                                                                                                                                                                                                                            an additional cost to you.
                                                                                     The information in this PDS has been prepared to help you make an informed                                                                                               funeral. The benefit subsequently paid when we complete our                    suicide within the first 13 months of the start date of cover.
                                                                                                                                                                              Does this policy contain any extra features?
the last thing you’d want your family to be faced with if you or your partner        decision about the terms (benefits and exclusions) of Lite Life Direct and its                                                                                           claims process will be reduced by the amount advanced.
                                                                                                                                                                              It certainly does, in addition to the terminal illness cover, 10% partner                                                                                                                                                                  The term
were to die. Lite Life Direct can pay an agreed lump sum to your estate, in          appropriateness for you, without taking into account your objectives, financial                                                                                                                                                                     Premiums
                                                                                                                                                                                                                                                          The start date of cover is the date on the letter we send to you confirming
                                                                                                                                                                              discount, and $10,000 advance benefit, if you die as the result of an                                                                                                                                                                      What is the term of Lite Life Direct?
the event of your death or on the confirmed medical diagnosis by a qualified         situation and needs.                                                                                                                                                                                                                                Premiums are the cost of Lite Life Direct.
                                                                                                                                                                              accident the policy will pay an additional $10,000 accidental death         our acceptance of your application for Lite Life Direct.                                                                                                       Your policy will continue until the termination date if you continue to pay
medical practitioner of a terminal illness where your life expectancy is less than
                                                                                     Before deciding to apply for this product, you should consider its                       booster benefit to your estate.                                                                                                                            How is your premium calculated?                                                 the premium when it falls due. If you do not pay the premium within one
12 months.
                                                                                     appropriateness for you or speak to an adviser authorised to provide you with
                                                                                                                                                                                                                                                          Eligibility rules                                                              Calculating the premiums for Lite Life Direct is based on:
                                                                                                                                                                              How can I apply?                                                                                                                                                                                                                           month of the due date, we will cancel your policy.
                                                                                     personal advice.                                                                                                                                                     Are you eligible for Lite Life Direct?
                                                                                                                                                                              It’s easy! Just complete and sign the enclosed Lite Life Direct                                                                                            G   your benefit;                                                               Your Lite Life Direct policy will terminate on the earliest of the date:
Straightforward life insurance protection for your                                                                                                                                                                                                        If you are an Australian resident and are aged 20 and over and under 56

                                                                                     St Andrew’s and Bank of Western Australia Ltd ABN 22 050 494 454 AFSL                    Application including the Direct debit request. Your partner can apply                                                                                     G   your age;                                                                       you cancel the policy;
family                                                                                                                                                                                                                                                    years of age, you are eligible to apply for Lite Life Direct.                                                                                                  G
                                                                                     236872 (BankWest) are related bodies corporate and have the same ultimate                – even if you choose not to – by completing the partner section on                                                                                         G   your gender; and
A Lite Life Direct policy provides simple, affordable and straight-forward term                                                                                                                                                                                                                                                                                                                                          G   you reach 70 years of age;
                                                                                     owner. St Andrew’s is not an Authorised Deposit Taking Institution. The Lite             the same application. Then return the form in the reply-paid envelope       Do you need to complete a medical questionnaire?                               G   your smoking status (smoker/non-smoker).
life cover, with additional benefits. Lite Life Direct covers you anywhere in the                                                                                                                                                                                                                                                                                                                                        G   we cancel the policy;
                                                                                     Life Direct insurance policy is not a deposit with, product or liability of, nor         provided.                                                                   In addition to the above eligibility criteria, you will also be required to
world, 24 hours a day, seven days a week. With the only exclusion being                                                                                                                                                                                                                                                                  How much does it cost?                                                          G   we pay the terminal illness benefit; or
                                                                                     guaranteed by, BankWest. The role of BankWest in relation to Lite Life Direct            Alternatively, apply online in minutes at         complete a few medical questions. We may decline your application for                                                                                              you die.
suicide within 13 months of the policy being taken out.                                                                                                                                                                                                                                                                                  You can use the premium rates table within this PDS to calculate the initial    G
                                                                                     is as distributor only. BankWest has not prepared, or been involved in the               If you would like assistance please contact St Andrew’s on                  Lite Life Direct as a result of the information you provide in the medical
                                                                                                                                                                                                                                                                                                                                         premium for the benefit you select.                                             Can St Andrew’s cancel the policy?
                                                                                     preparation of, this document.                                                           1300 658 151.                                                               questions or ask you for further information, either by telephone or in
Easy application process – no medical                                                                                                                                                                                                                     writing. Remember you must comply with your duty of disclosure.                The letter we send to you confirming our acceptance of your application         We may cancel this policy if you fail to pay any premium when it is due
examination is required                                                                                                                                                 What is Lite Life Direct?                                                                                                                                        for Lite Life Direct will include the total premium payable by you.             and that premium remains unpaid for more than one month.
Just fill in our simple application form which includes a few health questions                                                                                          Lite Life Direct is an insurance policy which can provide a lump sum benefit      Your benefit                                                                                                                                                   We can also cancel this policy if you do not comply with your duty of
                                                                                                                                                                                                                                                                                                                                         How can you pay your premium?
that will take you next to no time to complete.                                                                                                                         payment upon death.                                                               How much cover can you apply for?                                              Your premium is payable monthly by direct debit from your nominated             disclosure or if we are otherwise permitted to do so by law.
                                                                                                                                                                        If we accept your application for Lite Life Direct, we will pay the benefit to    Subject to the maximums described on the following page, you may               bank account or credit card starting approximately one month from the           We will give you written notice if we cancel your policy.
                                                                                                                                                                        your estate if:                                                                   choose from 6 benefit amounts: $50,000, $100,000, $200,000, $300,000,          start date of cover. If a premium debit payment is returned unpaid, you
                                                                                                                                                                                                                                                          $400,000 or $500,000. If we accept your application for Lite Life Direct, we   may be charged a fee by your financial institution for each returned item.      Can you cancel the policy?
                                                                                                                                                                        G   you die while covered by this policy;
                                                                                                                                                                                                                                                          will send you a letter confirming our acceptance and the amount of your                                                                                        You may cancel this policy at any time by sending us a notice in
                                                                                                                                                                        G   you have confirmed medical diagnosis by a qualified medical                                                                                                  Can your premium change?
                                                                                                                                                                                                                                                          benefit.                                                                                                                                                       writing and giving us 30 days’ notice of cancellation. We will refund any
                                                                                     This document was completed on 1 December 2008.                                        practitioner of a terminal illness where your life expectancy is less                                                                                        Premium rates increase with your age (i.e. as you enter the next 5 year age
                                                                                                                                                                                                                                                                                                                                                                                                                         premium you have paid in advance.

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