What do Life Insurance policies cover?

You may have noticed there’s a wide range of Life Insurance policies available these days. Do your research and you’ll find the level of cover, conditions, exclusions and costs vary quite a bit from insurer to insurer.

At Insuranceline, we've made Life Insurance simple and straightforward. No jargon and no tricky wording. Our policies are good value too. 

Levels of cover and benefits will vary, depending on the type of Life Insurance you take out and how much you pay in the way of premiums.

Our different types of Life Insurance

Life Insurance 

Life insurance helps to ensure your loved ones are taken care of, financially, if you die. It’s paid out in a lump sum to your beneficiaries. Insuranceline offers a tax-free payout of between $100,000 and $1.5 million. 
Life Insurance policies cover all causes of death, except for suicide and death as a result of intentional self-harm during the first 13 months of cover. Insuranceline 
aims to make the claims process as smooth and stress free as possible, and offer personal assistance from highly experienced claims managers.

Cancer Cover

Cancer Cover can pay up to $100,000 if you’re diagnosed with cancer. This payment can be used for anything - lost income, medical expenses, required assistance, or even a recuperative holiday.

Major Illness Cover

Major Illness Cover, also known as Trauma or Critical Illness Insurance, pays a lump sum if you suffer a major illness such as heart attacks, stroke, and some forms of cancer.

Serious Illness Cover

Serious Illness Cover protects you from temporary setback due to serious accidental injury.


For more information on these see the Combined PDS/FSG for Life Insurance or Compare our insurance plans


Accidental Death Insurance

If you’re in a fatal accident such as drowning or a car crash, Accidental Death Insurance delivers a tax-free payout of up to $400,000.

For more information on Accidental Death Insurance see the Combined PDS/FSG 



How Does It Work?

Once you worked out how much cover you require get a quote for Life Insurance, or call us directly on 13 77 87. 

If you are an Australian resident, aged between 18 and 65, you can be covered in minutes with no medical tests, and you can choose from a range of flexible premium payment options.

Major Illness Insurance

Major Illness Insurance, also known as Trauma or Critical Illness Insurance, pays a lump sum if you suffer a major illness such as heart attacks, stroke, and some forms of cancer.