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A Cancer Insurance plan can help you and your family focus on getting better.

Read the FAQs

Honest Answers

A Cancer Insurance Plan is all about peace of mind. It’s designed to aid your financial recovery by providing you with a lump sum payout when you need it most.

Others may call it “fine print” but at InsuranceLine we think it’s important to be upfront and honest with you. So here are some important things you might want to know about the Cancer Insurance Plan.

If there’s anything else you’d like to know about the Plan, please call us on 13 77 87 and we’ll be happy to answer your questions. Our Product Disclosure Statement which you should consider, provides more details. Also, please refer to our General Advice Statement

Note: For any Product Disclosure Statements (PDSs) previously issued by TOWER Australia Limited, from 1st June 2011, any reference to TOWER Australia Limited is to be replaced by TAL Life Limited.

Q: What is and isn’t covered?

A: This is explained in the policy issued by TAL Life Limited ABN 70 050 109 450 AFSL 237848.

Once you’re accepted for the Cancer Insurance Plan you’ll be covered for cancer as defined below. Claims are paid on any cancers that have developed to a life-threatening stage, such as:

	Cancer means...

Explanation	The presence of one or more malignant tumours.

Evidence Required	This requires the malignant tumour to be characterised by the uncontrolled growth and spread of malignant cells and the invasion and destruction of normal tissue. *Carcinoma in situ of the breast is covered if it results directly in the removal of the entire breast. The procedure must be performed specifically to arrest the spread of malignancy, and be considered the appropriate and necessary treatment.

Conditions Not Covered	The following tumours are excluded: Tumours showing the malignant changes of carcinoma in situ (including cervical dysplasia CIN-1, CIN-2 and CIN-3) or which are histologically described as premalignant*; All skin cancers, unless there is evidence of metastases; Melanoma of the skin at Stage 1A (tumour thickness of less than or equal to 1.00mm, Clark level II or III, without ulceration); Prostatic cancers which are histologically described as TNM Classification T1 or are of another equivalent or lesser classification, unless resulting in the surgical removal of the prostate; Papillary Micro-Carcinoma of the Thyroid or Bladder; and Chronic Lymphocytic Leukaemia less than Rai Stage 1.

If you die from cancer covered by the Plan before a claim has been made, your cover will be paid out to your Estate. It could help provide financial security for your family in their darkest hour.

Q: What happens if I leave out information on the application?

A: It’s extremely important for your peace of mind to provide all the information we ask for at the time of your application. If you don’t provide information honestly and accurately, it’s possible that your policy will not be valid and any claim you make will be denied. Obviously, the extra stress this would place on you and your family would be enormous, so make sure you’re entirely honest in your application.

When a claim is made, TAL will usually request a complete medical history, which can include details of any illnesses or treatments you may have had before taking out the policy.

Q: When does my cover end?

A: As long as your premiums are paid when due, your cover will continue right up until the Plan’s anniversary after you turn 69.

Q: Will my premiums ever go up?

A: It is important to note that the underlying premium rates are not guaranteed. However, you will never be singled out individually for a premium rate increase, and any increase will only apply to all policyholders using the same table of rates. You will be given at least 30 days' notice of this.

As you’d expect, your premiums will go up as you get older and if you increase the amount of your cover. This also applies if you have ‘Inflation Protection’ on your policy, where your cover goes up each year according to the change in the Consumer Price Index (CPI) or 5%, whichever is greater.

Q: If I cancel my policy, will I get anything back?

A: If you cancel within 30 days after receipt of your policy you will get a refund of any premiums paid. However the Cancer Insurance Plan is not a savings plan and has no cash value, so if you cancel after the first 30 days you won’t get any premiums back.

If you'd like more information, please don't hesitate to call 13 77 87 or ask us to send you an information pack.

It’s easy as - one phone call can help secure your future in the event you’re diagnosed with cancer. You can apply over the phone in minutes; there are no complicated forms and generally no medicals. Just call 13 77 87 or apply here.

(That's less than a cuppa!)