Life Insurance

Disclaimers

1. Maximum cover amount is dependent on your age at the time of application. The cover amount of Critical Illness cover and Permanently Unable to Work Cover cannot exceed the Life Cover amount. The minimum cover amount is $50,000 for Critical Illness cover and $100,000 for Life cover and Permanently Unable to Work cover. The maximum total amount you can be paid under a policy with more than one type of cover is the Life Cover amount before any other benefits have been paid. Please refer to the PDS for details.
2. "$9.50 a week": Provisional quote based on 39 year old, non-smoking male for $500,000 life cover. Premiums may vary depending on lifestyle and health risk factors.
3. Cover amounts are automatically increased on each policy anniversary by 5% or the change in the CPI, whichever is greater. Increases to cover amounts only applicable until age 65. Premiums may increase from year to year in line with the increased amount.
4. Renewal of cover is guaranteed until the insured reaches the age specified in the PDS for the relevant cover, regardless of how their health may change. Applies subject to payment of premiums when due.
5. Serious Illnesses covered under this product are certain types of Vascular Disease, Terminal Cancer, Degenerative Diseases, Cardiac Surgery, and Major Organ Failure. Please refer to the ‘When a Critical Illness benefit will be payable’ section in the Product Disclosure Statement for a full list of covered conditions and events.
6. "Never able to work again": Where you have been absent for more than 3 consecutive months from work and are unlikely to ever work again in any occupation to which you are suited as a result of sickness or injury. For Permanently Unable to Work cover you must be working on a permanent basis in an eligible occupation type for at least 20 hours per week. Please refer to PDS for details.
7. This benefit is only available where certain proof and documentation is provided. Other conditions apply.
8. You can return the Policy within 30 days of receiving the first Policy Schedule (“cooling-off period”) by writing to us and we will refund any premiums paid unless a claim has been or can be made under the Policy.
9. Cover is subject to conditions as outlined in the Product Disclosure Statement and Policy Document.
10. Awards
    2012, 2013 AB+F Insurance Awards "Life Insurance Product of the Year"
    Five Star CANSTAR CANNEX rating for Outstanding Value in Direct Life Insurance 2009 – 2013, 2018
    Voted Most Trusted Life Insurance brand by Australian consumers in the Reader’s Digest Trusted Brands survey in 2015-2018

Important note:

The insurance is issued by Allianz Australia Life Insurance Limited ABN 27 076 033 782, AFSL 296559. The information on this website is general information only; any advice here does not take into account your objectives, financial situation or 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). You should seek advice from your financial adviser before deciding on appropriate insurance cover.