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Life Insurance

Life Insurance – Life Insurance Tips - Budget Direct

About Life Protection Cover

Life Insurance gives your family a measure of financial support if you were no longer able to provide for them. They could receive a lump sum payment to help them cover costs like the mortgage, car repayments and everyday living expenses. Life Protection Cover is straightforward, affordable and easy to get life insurance designed for all Australians aged 18 to 64.

Choose a Benefit Amount that suits you

You can apply for a benefit that suits your needs and budget – from $100,000 up to $1 million depending on your age. The benefit will be paid without unnecessary delay in the event of your death or diagnosis of a terminal illness*.

Single or joint policy options

You can choose a single (yourself) or joint (you and your partner) policy because even if you aren’t the main income earner, your family would still need money to continue running the home – to pay for expenses such as childcare and housekeeping.

You can keep your policy for life

Once you have your Life Protection Cover in place, as long as you continue to pay your premiums you can keep your policy for life.

Advance funeral benefit

We will advance $10,000 of your benefit payment with minimal information while your claim is being assessed. This can help with funeral costs and other unexpected expenses.

Optional Benefits

You can also add the following cover options to your Life Insurance:

  • Children’s Insurance
    A benefit from $20,000 up to $50,000 that could help cover things like school tuition and medical bills if your child suffers a defined serious illness.
  • Serious Illness Insurance
    A lump sum payout from $50,000 up to $500,000 if you suffer a serious illness such as Heart Attack, Malignant Cancer and Stroke or have Coronary Artery Bypass Surgery.
  • Total & Permanent Disability Insurance
    A benefit from $50,000 up to $500,000 if you are totally and permanently disabled.
  • Accidental Death Insurance
    An additional payout from $50,000 up to $500,000 if you die as the result of an accident.
  • Affordable premiums
    Life Protection Cover is designed to suit your needs and fit in with your budget.

Get a Life Protection Quote Now:

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*Conditions Apply

Life Insurance Info

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