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 trauma 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 trauma cover to your policy. You can do this by calling us on 1800 555 048.

What’s covered?

Trauma cover can pay you a lump-sum benefit of up to $500,000 if you’re diagnosed with a specific illness or injury that makes it difficult or impossible for you to continue to work and earn an income.

We have two types of trauma cover:

  • Trauma Cover
  • Trauma Plus Cover.

The following table shows the ‘trauma events’ that are covered:

Trauma event*

Trauma Cover

Trauma Plus Cover


Yes Yes

Coronary Artery Bypass

Yes Yes

Heart Attack

Yes Yes


Yes Yes

Angioplasty (triple vessel)

No Yes

Benign Brain Tumour

No Yes


No Yes

Chronic Lung Failure, Chronic Kidney Failure or Chronic Liver Failure

No Yes

Heart Valve Surgery

No Yes

Intensive Care

No Yes

Loss of Hearing, Loss of Sight, or Loss of Speech

No Yes

Major Head Trauma

No Yes

Major Organ Transplant

No Yes

Severe Burns

No Yes

* For more details, please read the ‘Definitions’ section of the product disclosure statement.

How much cover can I add?

The following table shows the maximum amount of trauma cover you can apply for, depending on your age and the amount of Life Cover you have:

Age (next birthday) when cover starts

Maximum benefit amount: the lower of 50% of the Life Cover benefit amount and*:

18 – 44


45 – 54


55 – 59


* For example, if you were 30 years old and had $750,000 of Life Cover with us, the maximum amount of trauma cover you could apply for would be $375,000 (i.e. 50% of $750,000).  

...and how much do I need?

You know how much cover we’ll give you, but how much do you actually need?

Use our life insurance calculator to get an indication of how much cover you need

Find out more

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

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 trauma cover

Frequently asked questions

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