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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.

Get a quote and you could win*

Go into the weekly draw to win a $1,000 eftpos gift card* when you get a quote for Medibank Starter Life Insurance, Life Insurance, Income Protection or Funeral Insurance by 10 November 2019.

$1000 Eftpos gift card competition

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^.

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…

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

*Aus. res. 18+ only. Starts 16/09/19 9am AEST. Ends 10/11/19 11:59pm AEDT. See T&Cs for entry limits. Weekly Draws: 2:30pm VIC time, each Wed 25/09/19 – 13/11/19 (8 total), Plexus, L4/411 Collins Street Melbourne VIC 3000. Prizes: 8 x $1,000 EFTPOS gift card (1 per draw). Winners published in the Australian on 20/11/19. Promoter: Medibank Private Limited ABN 47 080 890 259, L4, 720 Bourke St, Docklands VIC 3008. See Terms and Conditions for details. Permit No's: ACT Permit No. TP/19/04004, NSW Permit No. LTPS/19/37248 and SA Permit No. T19/1375.

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.