Major Illness Insurance

Major Illness Insurance

STAY FINANCIALLY HEALTHY

If you’re struck down by a serious illness such as heart attack, stroke or cancer, our Major Illness Plan can provide a payout from $10,000 to $100,000, giving your family some much needed financial relief while you focus on recovery.

Benefits at a Glance


  • Help protect you and your family from the financial impact of a major illness. Lower levels of cover from just $2.95 a week.
  • Easy - If you’re an Australian resident aged 16 to 55, you can apply over the phone in minutes, with no medical tests.
  • Choose the cover amount you need, then choose from a range of flexible payment options. Once you receive your payout, you can decide how to spend it - to pay for medical expenses, repay debt, cover household costs, or take a break with family or friends.
  • Tax-free benefit up to $100,000 - If you’re diagnosed with a major illness, we’ll pay a tax-free benefit up to $100,000. And if you become terminally ill or die from any cause other than suicide in the first 13 months and self-injury at any time, we’ll pay your benefit to your loved ones.
  • Straightforward claims process - If you or your family ever need to make a claim, we make the process as stress free as we can, with personal attention from an experienced Claims Manager.
  • 30 day money back guarantee.
  • 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.

Exclusions & Restrictions


  • Waiting period – a benefit is only payable if you are diagnosed with a major illness (or it becomes apparent) after the first 90 days of starting, increasing or reinstating your cover.
  • Self-harm – claims where your condition or illness is the direct or indirect result of an intentional self-inflicted injury are excluded.
  • Specific conditions – there are certain conditions that are not covered, including most skin cancers, angina and transient ischaemic attacks. 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 Major Illness Insurance.

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

    • What’s covered and what’s not?

      With our Major Illness Plan, you’ll be covered for death and terminal illness, as well as these six major illnesses:

      • Cancer

      • Heart attack

      • Stroke

      • Coronary Artery By-pass Surgery

      • Paralysis

      • Permanent Incapacity

       

      Medical definitions for these major illnesses can be found in the Combined PDS/FSG.

      There are some situations in which we won’t pay a benefit. These include:

      • If you’re diagnosed with a major illness, or it becomes apparent, within 90 days of starting your plan

      • If your major illness is caused by self-harm

      • If you become terminally ill or die as a result of self-harm within the first 13 months of starting your plan

      Your should read the Combined Product Disclosure Statement (PDS) and Financial Services Guide (FSG) for full details on what's covered and what's not.

    • Is there a waiting period?

      There is a 90 day waiting period from the date you start your Major Illness Insurance. If you’re diagnosed with a major illness (or it becomes apparent) within the first 90 days of starting your policy, we’ll not pay a claim.

      You’re covered for accidental death as soon as your policy starts.

    • 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 Major Illness 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 16 to 55 can apply for our Major Illness Plan with InsuranceLine. Once accepted, your policy can continue until your 69th 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 this Major Illness Insurance does rise as you get older. For that reason, your Major Illness 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 level of cover will grow over time, protecting the value of your Major Illness Insurance payout against inflation. That means your premiums are also likely to rise slightly from year to year.

    • What 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 Major Illness Insurance will cease if your premiums are more than 30 days overdue and you will lose this valuable benefit.

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

      When you take out our Major Illness Plan, we give you a 30 day money back guarantee - so if you cancel your Major Illness Insurance policy in the first 30 days, we’ll give you a complete refund.

      After that, there are no refunds. Your policy simply gives you Major Illness Insurance cover - it is not a savings plan.

    • Who will I be dealing with during my claim?

      You 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 your case and help you work through the details of your claim.

      You can contact your dedicated Claims Manager while you’re settling your claim. They will explain anything that is not covered here or talk through any concerns you might have.

      Want to know more about our Major Illness Plan? Request a Quote or call 13 77 87 today.

  • How does it work?

    Our Major Illness Plan helps to protect you and your family from the financial cost of six major illnesses: cancer, heart attack, coronary artery by-pass surgery, paralysis, permanent incapacity or stroke.

    If you’re diagnosed with a major illness, we’ll pay your chosen cover amount up to $100,000, so you can focus on getting better without worrying about paying the bills. You can use the money any way you like - to pay for treatment, take time off to recover, or pay your living expenses while you’re unable to work.

    Our Major Illness Plan also covers you for death from all illnesses and accidents except suicide in the first 13 months and self-inflicted injury at any time. So you’ll know your family’s protected, no matter what the future holds.

    Want to know more about our Major Illness Plan? Request a Quote or call 13 77 87 today.

  • Is it for me?

    "It won’t happen to me”. We all like to think that we’re invincible - but wouldn’t it be good to know that if you did fall seriously ill, you could still keep your promise to look after your family?

    Even if you’re not the main breadwinner in your family, it’s important to be covered for expenses such as extra childcare and household help. And to help make Major Illness Insurance more affordable for everyone, we’ll give you a 10% discount on the cost of your partner’s policy if you take out a second Major Illness Insurance policy with us.

    Want to know more about our Major Illness Plan? Request a Quote or call 13 77 87 today.

  • How much can I get?

    You can apply for up to $100,000 in Major Illness Insurance cover. How much you choose is up to you, and will depend on the amount you think you and your family might need to help you through your illness.

    With flexible fortnightly or monthly payments, our Major Illness Plan is an easy and affordable way to help protect your family from the financial cost of a major illness.

    Want to know more about our Major Illness Plan? Request a Quote or call 13 77 87 today.

Would you like to receive detailed information about our Major Illness Plan?

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

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