Flexible cover options
Choose cover from $3,000 up to $15,000.
Medibank health insurance members save 10%.
Your premiums reduce by 3% every 5 years your policy is in force.
Easy and fast approval
A straightforward application process with no medical history required.
Choose a benefit amount
Choose a benefit amount from $3,000 up to $15,000. If you take out a policy with your partner, you'll each have a separate benefit amount.
You’re guaranteed cover if you’re an Australian resident aged between 18 and 79. And don’t worry, we won’t ask about any medical conditions.
Your benefit triples – to up to $45,000 – if your death is accidental. Accidental Serious Injury Insurance is automatically included in your cover at no extra cost.
Premium cease at age 90
Premiums are waived from age 90 with no further premiums payable.
Get a quote online
Answer a few simple questions to request a quote online. We'll then call you to help complete your application.
Give us a call
We’re happy to answer your questions you may have and talk through your policy options.
Life Insurance Code of Practice
The Life Insurance Code of Practice is the life insurance industry’s commitment to customer service standards and it’s designed to protect you, the customer.
Australian residents aged between 18 to 79 years can apply, either solo or as a couple.
No, the premium you pay for your policy is guaranteed to reduce by 3% after each continuous period of five years your policy is in force.
When a life insured on the policy reaches the age of 90, cover for Funeral Insurance continues. However, premiums for that life insured are waived and no further premium payments are required for that life insured.
Australian residents aged between 18 and 79 years can apply, either solo or as a couple.
Medibank Life Insurance is issued by Swiss Re Life & Health Australia Limited, ABN 74 000 218 306; Australian Financial Services Licence No. 324908, of Level 36, Tower Two, International Towers Sydney, 200 Barangaroo Avenue, Sydney NSW 2000, and is promoted and distributed by Medibank Private Limited, ABN 47 080 890 259 Authorised Representative No. 286089 of 720 BourkeStreet, Docklands, VIC 3008 (Medibank Private).
In doing so, Medibank Private is acting as the authorised representative of Greenstone Financial Services Pty Ltd (GFS) ABN 53 128 692 884, AFSL 343079, of 58 Norwest Blvd, Bella Vista NSW2153. GFS is authorised to enter into Medibank Funeral Insurance policies on Swiss Re's behalf.
No. The benefit that we pay out on death will never be less than the total premiums paid. This means that we will pay the higher of the benefit amount or the total premiums paid for that person’s policy, as long as the policy is active when the life assured dies.
Things you should know
* - Aus. res. 18+ only. Starts 15/4/19 9am AEDT. Ends 21/6/19 11:59pm AEST. See T&Cs for entry limits. Draws: 2:30pm AEST/AEDT, as applicable in VIC, each Wed 24/4/19 – 26/6/19 (10 total), Plexus, L4/411 Collins Street Melbourne VIC 3000. Prizes: 10 x $1,000 EFTPOS gift card (1 per draw). Winners published in the Australian on 05/07/19 and online within 7 days of the draw. Winning entries will not qualify for subsequent draw/s. Promoter: Medibank Private Limited ABN 47 080 890 259, L 4, 720 Bourke St, Docklands VIC 3008. See here for full Terms and Conditions. Permit No's: ACT TP19/03059, NSW LTPS/19/33469, SA T19/506.
You should read the Medibank Starter Life Insurance Product Disclosure Statement and Financial Services Guide, the Medibank Life Insurance combined Product Disclosure Statement and Financial Services Guide carefully before deciding whether or not to buy that product.
You should read the Medibank Funeral Insurance Product Disclosure Statement carefully before deciding whether or not to buy that product.
You should read the Medibank Income Protection Product Disclosure Statement carefully before deciding whether or not to buy that product.
Medibank life insurance products are issued by the insurer, Swiss Re Life & Health Australia Limited ABN 74 000 218 306; Australian Financial Services Licence No. (AFSL) 324908, Level 36, Tower Two, International Towers Sydney, 200 Barangaroo Avenue, Sydney NSW 2000. Medibank life insurance products are distributed by Greenstone Financial Services Pty Ltd (GFS) ABN 53 128 692 884; AFSL 343079, 58 Norwest Boulevard, Bella Vista NSW 2153 and promoted by its Authorised Representative Medibank Private Limited ABN 47 080 890 259; Authorised Representative No. 286089, 720 Bourke Street, Docklands VIC 3008. Medibank Private is also authorised by GFS to distribute Medibank Starter Life insurance.
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