Life Insurance

Life Insurance

Life insurance is designed to provide cover in the event of a person’s death or terminal illness (meaning they have 12 months or less to live) which is paid to the policy owner in a lump sum amount (for example $500,000).

Cover is worldwide so if you move abroad the cover can remain in place.

What are my life insurance options?

- Yearly Renewable Term (YRT) Cover – your premium is calculated each year based on factors like your age, smoker status, gender, etc. The premiums begin at a lower rate but increase each year on the policy anniversary in line with your age*

- Level Cover – your premiums are fixed for a term of 10 or more years (the life of the policy). Premiums are more expensive in the beginning compared to YRT cover however they will not increase each year so you know exactly how much you are paying for your cover*

We can also offer Group Life Insurance to businesses that have 20+ employees with subsidised options and different levels of cover.

*Conditions apply


To talk to us more about your Life Insurance requirements, please contact our office or complete the Enquiry Form on the Contact Us Page