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No medical or blood tests are required to apply and you can get a preliminary quote in minutes. When you take out Life cover, you have the option of including Critical Illness cover and Permanently Unable to Work cover. You’re also entitled to a 30 day cooling off period if you change your mind8.
Outstanding Value Direct Life Insurance 2018 - 2021
Roy Morgan Research Customer Satisfaction Awards 2016
Life Insurance Code of Practice Subscriber since 2017
This is a summary only. For terms, conditions, limits, definitions, exclusions, waiting periods, exclusion periods and taking a combination of covers, please refer to the Product Disclosure Statement.
Life cover is also known as life insurance or death cover. It is a way of protecting your family's financial future*.
*Conditions apply
Critical Illness cover is also known as trauma cover and pays a lump sum5 benefit if the Life Insured suffers one of the defined Critical Illness events5*.
*Conditions apply
Permanently Unable to Work cover is also known as Total and Permanent Disability (TPD) cover*.
*Conditions apply
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Find out more about how much life cover you need
You can apply for life insurance today in three easy steps
Protect your independence and ensure you can sustain your lifestyle if you become sick, or get injured.
Protect everything you and your partner are working towards, as you expand your financial responsibilities.
It isn’t just about you anymore, it is about your responsibilities and knowing that your family is secure in your care.
Protect and secure your wealth, as your household income starts to peak with kids getting older and your career becoming more secure.
Protect your wealth and lifestyle that you have worked so hard for and enjoy the new found free time.
Life insurance is also known as Term Life insurance, or Death cover. It provides a lump sum payment (subject to conditions) if the Life Insured dies or is diagnosed with a Terminal Illness where death is likely to occur within 24 months10.
The funds can be used for any purpose you choose, such as cover mortgage payments, school fees, bills, groceries, other living expenses and funeral costs. Life insurance is a way of protecting the financial future of your loved ones if you were no longer around to provide for them. It can help your family cover debts and living expenses at a time when they need it most. You must be aged 16 to 65 to apply for Life insurance. As long as you pay your premiums, we guarantee to continue your cover until the policy anniversary after your 99th birthday, regardless of changes to your health condition.4,1
Permanently Unable to Work cover also known as Total and Permanent Disability (TPD) Insurance. It provides a lump sum payment (subject to conditions) in the event that the Life Insured is permanently unable to work due to sickness or injury6. Permanently Unable to Work cover must be taken out in conjunction with Life Cover.
The funds can be used for any purpose you choose, such as cover your debts and living expenses, provide for medical treatment or ongoing care, or to pay for any home modifications that are required as a result of your disability. Payment of a benefit under Permanently Unable to Work cover reduces the cover amount of any remaining benefits under Life cover and Critical Illness cover by that payment amount. In certain circumstances this may mean the end of a cover or the Life Insured’s policy.1 The Life cover Buy Back feature allows you to reinstate the Life Cover Amount that was reduced 12 months after full payment of a Permanently Unable to Work claim.11
You must be aged 16 to 55 and working on a permanent basis in an eligible occupation type for at least 20 hours per week to apply for Permanently Unable to Work cover. Once you are accepted, as long as you pay your premiums, we guarantee to continue your cover until the policy anniversary after your 65th birthday, regardless of changes to your health condition.4,1
Critical Illness Insurance, is also known as trauma cover or serious illness cover. It provides a lump sum payment (subject to conditions) in the event that you suffer a defined Critical Illness5. Critical Illness cover must be taken out in conjunction with Life cover.
The funds can be used for any purpose you choose, whether to pay for treatment and other medical costs, or any associated costs related to lifestyle changes (such as reducing working hours). This can help relieve your family’s financial burden at a very stressful time. Payment of a benefit under Critical Illness cover reduces the cover amount of any remaining benefits under Life cover and Permanently Unable to Work cover by that payment amount. In certain circumstances this may mean the end of a cover or the Life Insured’s policy.1 The Life cover Buy Back feature allows you to reinstate the Life Cover Amount that was reduced 12 months after full payment of a Critical Illness claim.11
You must be aged 16 to 55 to apply for Critical Illness cover. Once you are accepted, as long as you pay your premiums, we guarantee to continue your cover until the policy anniversary after your 70th birthday, regardless of changes to your health condition.4,1
For terms, conditions and exclusions about our life insurance, please refer to the Product Disclosure Statement (PDS).
Important information : This product is not suitable for purchase within a superannuation fund. We would encourage you to speak to your financial planner or accountant who may be able to provide you with advice.
Important note : Information on this website is general information only and does not take into account your objectives, financial situation or needs. Because of that, you should, before acting on the information, consider the appropriateness of the information, having regard to your objectives, financial situation and needs. Terms, conditions, limits and exclusions apply. Before making any decision you should consider the Allianz Life Plan Product Disclosure Statement and Policy Document (PDS). If necessary, please seek advice from a Financial Adviser before deciding on appropriate insurance cover.
The Target Market Determination (a TMD) for this product describes the class of persons for which the product has been designed, as well as other prescribed information.
Existing Customers : If you’re an existing customer, visit our Policy Documents for up-to-date policy information and access to PDS, documents and forms.