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What do you live for?

When it comes to what really matters in life, what do you live for? Whether it's owning your own home or ensuring the kids are looked after, Medibank Life Insurance can help protect what matters most.

Not sure how much life cover you need?

Answer a few questions and we’ll help you work out the amount of life insurance cover you might require…

This calculator provides a general guide only to help you estimate your cover needs for term life insurance and does not consider your personal objectives, financial situation or needs. This calculator does not constitute financial product advice. Before making any decisions, you should read the relevant Product Disclosure Statement (PDS).

This calculator provides a guide to determining the sum insured for term life insurance only, and does not represent a quote or pre-qualification.  It also does not consider other cover or life insurance needs, such as income protection, trauma, or total and permanent disability cover. This is a simple calculator based on your responses and does not capture anything outside the scope of the questions asked.

Your estimated cover need is calculated on the basis of a number of assumptions. If these do not apply to you, or there are other matters relevant to you that have not been considered, the result you obtain may not be suitable for your intended purpose.

The result you obtain from this calculator is dependent on the accuracy of the information you have provided and only relates to the disclosed circumstances at a point in time. It is likely that other circumstances apply to you which will not be considered by this calculator. Insurance needs also change over time and you should regularly revisit your insurance needs, particularly after making a significant lifestyle change such as upgrading your home.

Everything you need to know about life insurance

Life insurance: fact vs fiction

If you’ve looked into getting life insurance but haven’t been able to make a decision, you’re not alone. It’s easy to be overwhelmed by all the information you see and hear.

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Do I need life insurance?

Your car insurance renewal arrives and you pay it, without question. It makes sense to be protected from the unexpected. But what about insuring you?

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When to consider life insurance 

Wherever you are in life, whether you’re looking to start a family, advance your career or buy a home, having the right insurance can help protect and maintain quality of life.

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Young people and life insurance

As a young person, the topic probably isn’t something you've given much thought to. The first step is understanding how life insurance works.

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Consider our life insurance range

Life Insurance

With a flexible policy of up to $1.5 million in cover, Medibank Life Insurance means providing for your family when you can't, due to death or a terminal illness diagnosis.

Starter Life Insurance

Medibank Starter Life Insurance offers up to $250,000 in cover with a simple online application that may be completed in just 10 minutes. Apply online today.

Income Protection

Medibank Income Protection goes to work when you can’t. Get peace of mind from knowing that you can be protected if your income is disrupted due to illness or injury.

Funeral Insurance

Medibank Funeral Insurance can help to reduce the burden on those left behind by providing your loved ones with financial assistance if you pass away.

Need some help?

Whatever your life stage or circumstance, check out our cover options for you and your family.

Call us on 1300 766 085 and one of our specialists will take you through our product options.

Things you should know

Any advice provided is general only and doesn’t consider your objectives, financial situation or needs. You should carefully read the relevant Product Disclosure Statement (which sets out the product terms, conditions and exclusions) and Financial Services Guide available here to ensure the product is right for you.

Medibank life insurance products are issued by the insurer, Swiss Re Life & Health Australia Limited ABN 74 000 218 306, AFSL 324908 (Swiss Re). Medibank life insurance products are distributed by Greenstone Financial Services Pty Ltd ABN 53 128 692 884, AFSL 343079 (GFS), and promoted by Medibank Private Limited ABN 47 080 890 259, AR 286089 (Medibank Private). Medibank Private is an authorised representative of GFS.

Your personal information will be handled in accordance with our Privacy Collection Notice.