Our profit-share pool
hits new heights.

It’s broken through the $10 Million mark.

IT REALLY PAYS TO HAVE A
PPS MUTUAL POLICY.

Every member is entitled to a share in the profits of the insurance they buy.
And every year since we started the Profit-Share Pool has grown and grown and grown.

Total number of
PPS Mutual Members as

of 30 September 2024:

12,095

Total Profit-Share
Assignment for 2024:

$3,079,837

Total Profit-Share
Account Pool*:

$10,707,862

It all stacks up for members

Our Members are enjoying consistent growth in
their personal Profit-Share Accounts.

One Member
has accrued
over $40,000
in Profit-Share

Members have
been rewarded with
a Profit-Share every
year since we
started in 2016

283 Members have
accrued more than
$5,000 in
Profit-Share

74 Members have
accrued more
than $10,000
in
Profit-Share

REWARDS FOR MEMBERS*

Every year since launch Members have been rewarded with Profit-Share
assignments. We assign profit in two ways – as a % of premiums and
as an interest on the Profit-Share Account.

This year the interest rate assigned on Profit-Share Accounts reached

Profit assigned as a % of premiums

Interest assigned on Profit-Share Account

2017 8.0% + NA
2018 7.0% + 2.0%
2019 7.0% + 4.0%
2020 7.0% + 4.0%
2021 6.0% + 2.75%
2022 3.5% + 1.75%
2023 3.5% + 2.0%
2024 3.5% + 6.5%

PROFIT-SHARE FOR MEMBERS

And every year since launch, Profit-Share
Account Balances have reached ever higher levels.

https://www.ppsmutual.com.au//uploads/bg-8thprofit-graph-1920x645.png
https://www.ppsmutual.com.au//uploads/bg-8thprofit-graph-xs.png

And it all stacks up for advisers

By only providing specialist life insurance for professionals and sharing profits with Members,we’re generating more sustainable, higher value business for our accredited advisers.

24 Advisers
have more than
$100K
in their clients
Profit-Share balances.

One Adviser
firm as over
$1m
in Profit-Share
assignment for their
clients in total.

One Adviser
alone has over
$700k
in their clients Profit-
Share balances.

HIGHER RETENTION RATES

Thanks to our consistent Profit-Share assignments,
once Members join us they very rarely leave.

PPS Mutual
annual lapse rate
4.9%

Industry average
annual lapse rate
15.3%

PPS Mutual and the profit share offering have been a breath of fresh air in the life insurance industry. It provides great peace of mind as an adviser recommending their products that the business is centred around member service/benefits. Every other insurer in the market has the competing interests of delivering shareholder returns and/or client service. These interests aren’t always aligned and we know which comes first in shareholder owned companies. It will be a great pleasure when clients get to the end of their insurance journey being able to return their profit share accounts.

Mark Mullins
Director,
Hood Sweeney Securities Pty Ltd

* Details of the Profit-Share Plan (including limitations on accessing a Profit-Share account) are available in the PDS and you should speak with your adviser about any questions. It is not an investment product and past Profit-Share availability and assignment is not necessarily indicative of future availability and assignment. It’s important to note the balances of the Profit-Share Account are not guaranteed. Profit-Share Assignments may be positive or negative, however the Profit-Share Account balances can never go below zero. Profit-Share Assignment Rate is calculated as a percentage of individual member premiums.