Apply for cover in 10 minutes
Medibank Starter Life Insurance lets you avoid a lengthy application process.
100% online application
Buy a policy online and you could be covered straight away.
You won't need to provide detailed health information. We only ask you a single statement about your health and lifestyle.
Choose your cover amount
Choose a cover level from $50,000 up to $250,000.
Why choose Medibank Starter Life Insurance?
Medibank Starter Life has been designed to be simple. You may use it to meet a basic life insurance need, or to top up an existing life insurance policy. You can buy online via our simple application process, with no need to provide detailed medical information. View PDS.
You are eligible to apply for Medibank Starter Life Insurance if you are aged between 18 and 45 years and are an Australian resident at the time of application. Once you take out a policy, your cover will remain in place for life, as long as premiums are paid.
If you have a serious medical condition, this product may not be suitable for you and we may not be able to provide cover.
Medibank Starter Life Insurance won't pay out a claim due to: suicide, war, participation in criminal activity, the effects of alcohol, or taking non-prescription medication.
Please review the Product Disclosure Statement for further details on exclusions and specific terms and conditions.
Whatever your life stage or circumstance, check out our cover options for you and your family.
If Medibank Starter Life Insurance isn't right for you, we have some great alternatives.
Call us on 134 190 and one of our specialists will take 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.
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 Level 17, 700 Collins Street, 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 Life Insurance policies on Swiss Re's behalf.
Like all life insurance policies, the level of cover and the type of cover you have will affect your premium, or how much you pay.
Our Medibank Life Insurance product tailors the premium based on the answers to the health and lifestyle questions we ask during the application process.
Medibank Starter Life Insurance only asks you to select one health and lifestyle statement so the premium is less tailored to an individual health situation. Medibank Starter Life Insurance will ask you to select the statement which best describes your health and lifestyle to provide you with a premium. You also have the option to provide your height and weight details to see if you're eligible for a discount on this premium.
You need to be a permanent Australian resident to apply for any of our products. An Australian resident means a person who resides in Australia and:
- hold Australian or New Zealand citizenship; or
- holds an Australian permanent residency visa.
Our products have different age ranges for who can apply. This age range only applies to when you start the policy, not when it ceases. Except where permitted by law, our life insurance policies only cease if you decide to cancel it, or we pay a claim (in case of death or terminal illness).
A medical examination is not required as insurability will be determined by your answers to the health and lifestyle questions. You must be aged between 16 and 60 years to also add Permanently Unable to Work cover, Children's Insurance cover and Trauma cover.
For Medibank Starter Life Insurance, you must be an Australian resident aged between 18 and 45 years. For our Medibank Life Insurance, you must be an Australian resident aged between 16 and 65 years at the time of application.
Medibank Starter Life Insurance can be applied for immediately online, without lots of health questions. You can choose to be covered between $50,000 and $250,000. To apply, you need to be aged between 18 and 45 years and be an Australian resident. If you have a medical condition, this product may not be suitable for you.
As our Medibank Starter Life application process does not consider your personal circumstances, we recommend you obtain independent financial advice if you’re not sure whether this product is right for you.
Our standard Medibank Life Insurance product can provide you with cover tailored to your needs. The application process is therefore longer, but may be a more affordable option depending on our assessment. You can choose to be covered for up $1.5 million depending on your age at application. To apply, you need to be aged between 16 and 65 years and be an Australian resident. You can request a quote online or apply on the phone.
If you are unsure about any of our Medibank life insurance products or have any questions, call one of our specialists and we can talk you through our different product options.
Your life insurance premium is calculated on a stepped basis which means it will generally increase each year as you age. All premium changes will occur from the next anniversary date on your policy and we will inform you in advance of your policy anniversary of the premium we will charge you for the following year.
In addition, you will be offered an automatic indexation on your policy at each policy anniversary, which means that your benefit amount and premium will both increase by 5%. You can opt-out of these automatic increases by contacting us.
Medibank may, from time to time, review its premium rate schedule, which may result in changes to the premiums charged for all policies. Changes of this nature will be notified to you in advance of the change affecting you and you can never be singled out for an increase.
Things you should know
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.
Advice on this website is general only and does not consider your individual objectives, financial situation or needs.
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