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Life Insurance

Health members save 10% off premiums.

Our range of life insurance products will help your children to stay in their schools, your family to keep their home, and your partner to live the life you had planned together.

Why choose Medibank Life Insurance? 

 Think about the people who rely on you. How long could your partner, kids, or relatives keep going on their own? Medibank Life Insurance can give you cover of up to $1.5 million, so you know that the people who are most important to you can be properly looked after if you can't take care of them. Our team is on hand if you want to apply for cover or talk through our product options.

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Guaranteed renewal

Your policy will renew each year provided premiums are paid.

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Fast approval

Take out your policy in just one call or buy online#.

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Member discount

10% discount for Medibank health insurance members.

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Extra benefits

Additional benefits at no cost, like early payment for terminal illness^.

Our life insurance range

Life insurance might seem like a lot to think about, but protecting your family can be as simple as making one phone call, or answering a few questions online. We have options which you can tailor to your needs.

Life Insurance

Our flexible range helps you match your cover to your individual needs.  

Tailor the policy with our optional benefits for Trauma cover, Permanently Unable to Work cover and Children's cover.

At a glance

  • Ages 16-65 can apply
  • Apply without medical or blood tests
  • Cover up to $1.5 million

Learn more by reading the Product Disclosure Statement

Starter Life Insurance

Life cover that can be bought immediately online.

Get simple and hassle free life insurance without a lengthy application process.

At a glance

  • Ages 18-45 can apply
  • Apply for cover in 10 minutes
  • 100% online application
  • Select one health and lifestyle statement
  • Cover up to $250,000

Learn more by reading the Product Disclosure Statement

Need some help?

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

If our life insurance options aren't the right fit, we have great alternatives like Medibank Income Protection or Medibank Funeral Insurance. 

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

We’ve got your questions answered

Things you should know

Life Insurance

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.

Funeral Insurance

You should read the Medibank Funeral Insurance Product Disclosure Statement carefully before deciding whether or not to buy that product. 

Income Protection

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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