Life Insurance and Life Cover

Support your family with up to a $1,000,000 payout upon death or diagnosis of a terminal illness. There’s also a benefit that pays out $10,000 usually within 24 hours of a claim, to help cover costs like funeral expenses. (Terms & Conditions apply)

Life insurance is more affordable than you think. A $300,000 policy for a 30 year old female non-smoker costs just $5.37 a week and when you pay for 12 months, we’ll give you the next month free.  Remember, the premium you pay will vary based on your circumstances so it’s a good idea to call us for a full quote or get an online life insurance quote.

There are no medicals, blood tests or complicated forms to fill out. Once covered we’ll also offer you a 30 day cooling off period that will apply from the start of your life cover policy.

If you get married, have children, purchase a home, have a child start high school, suffer the death of your partner or retain your policy for two years, we can increase your life cover by $100,000 with our Lifestyle Increase Benefit.

You also enjoy more choice when it comes to paying your premium for AAMI Life Insurance, with flexible payment options available. Choose to pay life cover monthly or annually.

Our life insurance pays out on top of any other insurance you may have, so you can use it as standalone cover or to top up any life cover you may have through your super.