Life insurer MetLife has announced a three-month premium waiver for retail customers impacted by the recent floods in Queensland (QLD) and New South Wales (NSW).

The premium waiver offer will run from March 10, 2021, to June 10, 2021. It is available on request for retail customers with a current individual insurance policy and within the designated flooded areas.

Explore more individual insurance products here.

Customers can find the QLD flood-affected areas and NSW flood-affected areas at the Australian government Disaster Assist website.

Meray El-Khoury, the chief retail insurance officer at MetLife, said the life insurer wants to take some financial pressure from its customers while recovering from natural disasters.

“During difficult times, like recovering from a natural disaster, we know that our customers will benefit from the peace of mind their life insurance gives them,” El-Khoury said.

“The floods have devastated communities across the East Coast of Australia, and this is a way that we can help at this time of need. It is one of the ways we demonstrate we are always there for our customers, helping them build a confident financial future.”

Advisers can contact MetLife on behalf of their clients to take up the premium offer where appropriate.