Life Insurance


Even if the unexpected happens.

One of the greatest things you can do to look after your family is to make sure they could carry on if you were no longer around. Leave them the benefit of up to $1 million with InsuranceLine, and help secure their financial future.

Benefits at a Glance

  • Tax-free payout to your family from $100,000 up to $1 million.
  • Affordable financial security for you and your family, with Life Insurance from just $2.95 a week.*
  • Easy - If you’re an Australian resident aged 18 to 65, you can apply for Life Insurance online or over the phone in minutes, with no medical tests. There’s even a 30 day money back guarantee.
  • Choose the right cover amount for your budget, and then choose from a range of flexible payment options.
  • Advance payout of $10,000 on approved claims to help with legal and other unexpected costs.
  • Premium freeze option – so you can freeze the amount you pay when you need to.
  • Straightforward claims process - If you or your family needs to make a claim, we make the process as stress free as we can, with personal attention from an experienced Claims Manager.
  • Enjoy 12 months for the price of 11 when you choose to pay your premiums annually.

Optional Extras

  • Family discounts – receive a discount when you add your partner to your policy.
  • Higher cover discount – if your cover amount is over $500,000, receive a 25% discount off the premium for the amount above $500,000.

Exclusions & Restrictions

  • Suicide or self-harm – Life Insurance covers all causes of death except for suicide or intentional self-injury in the first 13 months.
  • In some cases, based on medical history, occupation, health and lifestyle, additional exclusions may apply. These will be clearly explained when you apply, so there are no surprises. Please see our Combined Product Disclosure Statement (PDS) & Financial Services Guide (FSG) for full details on what is and isn't covered.

Want to know more about this product?

Download our Combined Product Disclosure Statement (PDS) & Financial Services Guide (FSG).

  • Common Questions

    At InsuranceLine, we'll answer all of your questions in plain English, so you know exactly where you stand. Here you can find answers to the most common questions we get asked about Life Insurance.

    For anything else, call us on 13 77 87 or refer to the Life Insurance Combined Product Disclosure Statement (PDS) and Financial Services Guide (FSG).

    • What's covered and what's not?

      Our Life Insurance Plan covers you for death and the diagnosis of terminal illnesses with a life expectancy of less than 12 months. As soon as we accept your application, you're covered immediately for any cause of death, except for suicide or intentional self-injury in the first 13 months.

      Depending on your situation, some causes of death may be excluded from your individual policy. These additional exclusions are based on your occupation, your health and lifestyle, and other special circumstances. But we’ll clearly explain any exclusions when you apply, so there won't be any nasty surprises.

      You should read the Combined Product Disclosure Statement and Financial Services Guide for all the details of what is and isn't covered.

    • What happens if I leave information out when I apply?

      It's very important to give us all the information we request when you apply for our Life Insurance Plan, and to answer all of our questions honestly and completely. If there’s a claim, we’ll need to check your medical records – and if it turns out you didn’t reveal something important, we may have to refuse the claim.

    • Can I get cover at any age?

      Australian residents aged 18 to 65 can apply for life insurance with InsuranceLine. Once accepted, your Life Insurance Plan can continue until the renewal date following your 80th birthday. On that date, your policy will end.

    • Will my premiums go up?

      We work hard to give everyone great value insurance, but unfortunately the cost of providing Life Insurance does increase as you get older. For that reason, your Life Insurance premiums are likely to increase over time. But you can be confident that we keep increases to a minimum, and we’ll give you at least 30 days' notice of any changes. Your premiums will also go up if you add another person to your policy or increase the cover amount. If you choose our Inflation Protection option, your cover amount will grow over time, protecting the value of your payout against inflation. That means your premiums may also rise slightly from year to year, in line with your increased benefit amount. Alternatively, you can apply the optional premium freeze benefit. Your premium will stay the same each year and your cover will reduce to the amount purchased by what you’re paying. We’ll let you know what your cover amount is on each anniversary of your cover start date.

    • If I cancel my policy, will I get a refund?

      When you take out Life Insurance from InsuranceLine, we give you a 30 day money back guarantee - so if you cancel your Life Insurance policy in the first 30 days, we’ll give you a complete refund. After that, there are no refunds. Your policy gives you Life Insurance cover - it is not a savings plan.

    • What happens if I can’t pay my premiums?

      Let us know immediately if you can’t pay a premium so we can help you work out an alternative arrangement. Your life cover will cease if your premiums are more than 30 days overdue and you will lose this valuable benefit.

    • Who will my family be dealing with during a claim?

      Your family will be given a dedicated Claims Manager whose details will be on the accompanying cover letter that we’ll send in the event of a claim. They will personally oversee the case and help your family work through the details of the claim.

      The dedicated Claims Manager will explain anything that is not covered or talk through any concerns your family may have.

      Want to know more about our Life Insurance Plan? Get a quote and apply online or call 13 77 87 today.

  • How does it work?

    The Life Insurance plan pays a lump sum amount of money if:

    • the insured person dies; or
    • is diagnosed with a terminal illness and is given a life expectancy of less than 12 months.

    Where you have nominated a beneficiary, the death benefit will be paid to the people you nominate. If you don’t nominate a beneficiary, we will pay the benefit to your estate.

    If a claim is made, as soon as it is accepted, we’ll make a $10,000 advance payout to help your family through a difficult time.

    Our Life Insurance Plan covers all causes of death except for suicide or intentional self-injury in the first 13 months.

    Want to know more about our Life Insurance Plan? Get a quote & apply online or call 13 77 87 today.

  • Is it for me?

    If you have a family to take care of, then our Life Insurance Plan may be for you. Especially when there's a home loan, education costs for your children or other debts to cover.

    If you're the family breadwinner, your family relies on your income. Life Insurance can help make sure your family’s home and lifestyle are secure if something happens to you.

    But Life Insurance isn't just for people in the paid workforce. Losing the family homemaker is just as devastating – and often just as expensive as losing the main income earner. Life Insurance can help to take care of the cost of childcare, cleaning and other household expenses if the worst happens.

    And of course, if your family has two working partners, the loss of either partner could have a significant impact on the household budget. That's why it's important to cover all family members with Life Insurance.

    With InsuranceLine, Life Insurance is available to Australian residents aged 18 to 65.

    Want to know more about our Life Insurance Plan? Get a quote and apply online or call 13 77 87 today.

  • How much can I get?

    Most people want enough Life Insurance to pay off any debts, secure the family home, and allow their family to live in comfort for at least a few years. If you have young children, a large mortgage, or school fees to take care of, you might want to choose a higher cover amount.

    You can apply for our Life Insurance Plan with a cover amount from $100,000 to $1 million.

    Want to know more about our Life Insurance Plan? Get a quote and apply online or call 13 77 87 today.

Would you like to receive detailed information about Life Insurance?

Request an information package today and have it delivered to your home.

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Why do I need Life Insurance?

Why do I need life insurance?

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