I’m looking for cover

On 28 June 2018, Budget Direct temporarily stopped offering life insurance quotes to new customers.

We apologise for any inconvenience this may cause you.

Budget Direct will resume offering life insurance to new customers in the near future.

In the meantime, you may wish to use our life insurance calculator to estimate how much life insurance you might require.

I’m a policyholder

Though we’ve temporarily stopped offering life insurance to new customers, existing policyholders – including those with Children’s Cover – will continue to be covered.

If you’re an existing Life Cover policyholder and don’t already have it, you have the option of adding Children’s Cover to your policy. You can do this by calling us on 1800 555 048.

What’s covered?

Children’s Cover can pay you a lump-sum benefit of up to $50,000 if your child:

  • dies, due to an accident or illness
  • suffers a terminal illness that results in a life expectancy of less than 12 months
  • experiences a specified illness or injury, namely:
    • Benign brain tumour
    • Cancer
    • Cardiomyopathy
    • Loss of hearing
    • Encephalitis
    • Chronic kidney failure
    • Loss of sight
    • Loss of speech
    • Loss of use of limbs and/or sight
    • Major head trauma
    • Major organ transplant
    • Meningitis
    • Paralysis
    • Severe burns
    • Stroke.

How much cover can I add?

You can apply to add between $20,000 and $50,000 of Children’s Cover, up until your child turns 17 years old.

Find out more

The information on this page is a summary only. For more details about Budget Direct Children’s Cover, including the terms, conditions, limits and exclusions that apply, please read the product disclosure statement (PDS).

Manage your policy

To view your policy details, log into Policy Manager; if you’d like to ask about or change your policy details, please contact us:

Policy Manager

1800 555 048
[email protected]

How to make a claim

If you need to make a claim, we’re here to help you through the process as quickly, efficiently and compassionately as we can.

Make a claim on your Children’s Cover

Frequently asked questions

Got a question about life insurance? Find the answers to our customers’ frequently asked questions.