Life insurance

  • Cover up to $2.5m depending on your age and income
  • Advance payment for terminal illness¹
  • Medibank health members save 10% every year
Protect your family with Medibank Life Insurance - life

Medibank Life Insurance isn't about death, it's about love.

There’s a bunch of stuff we do for the people we love, and life insurance is just one of them.

Whether it’s to help cover the mortgage, contribute to the school fees, or pay for everyday living costs, a Medibank Life Insurance policy can help give your family financial back up if you’re no longer here to provide for them. 

Explore our life insurance cover options and help protect the ones you live for. 

What's covered?

  • Apply for cover up to $2.5m, depending on age and income.
  • Receive your Life Cover sum insured as a lump sum if you suffer a terminal illness and your life expectancy is 12 months or less.1
  • A $15,000 benefit paid in advance to help your family with funeral costs while we assess your Death Benefit claim.2 
  • Grief support benefit reimburses the cost of grief counselling sessions up to $1,000.3
  • Continuous cover even when circumstances change until policy expiry providing premiums are paid.


Key benefits

  • Apply online or over the phone. No medical examination or blood tests required to apply.
  • Ability to tailor your policy with additional cover options like Critical Illness, or Total and Permanent Disability.7
  • You have the option of paying fortnightly, monthly, or yearly. Lower premium when you pay yearly. 
  • Medibank Life Insurance policy owners can call our phone service to speak to a Medibank Nurse about their health concerns at any time of the day or night.^
  • Medibank health members save 10% every year.


Tailor your Medibank life cover with additional options

Match the cover you want to the lifestyle you love. You can apply for Life Cover and add any of the following optional covers.

How much life insurance can I apply for?


Medibank Life Insurance lets you select life cover starting from $50,000, up to the maximum amount listed in the table below. The maximum sum insured amount depends on your age and income at the time of application. In addition, you may also be able to add optional covers, up to the maximum amount listed in the table below.7



Age at Application Life Cover TPD Cover (optional) Critical Illness Cover (optional)
18 - 45 $2,500,000 $1,500,000
46 - 55 $1,500,000
$1,000,000 $500,000
56 - 60 $750,000
61 - 70

How to apply for Medibank Life Insurance?

Applying for Medibank Life Insurance is quick and easy. If you're an Australian resident aged between 18 and 70, you can apply for cover online or over the phone. The application process doesn't require medical or blood tests. 

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1. Get a quick quote online

You can get a quick quote online or call our team on 1300 152 271 if you'd like to talk to us.

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2. Add optional covers to your policy

Tailor your policy with our optional covers like Critical Illness, Total and Permanent Disability or Child Cover.7

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3. Purchase online or over the phone

If your cover is approved, you can purchase Medibank Life Insurance on the same day.

Frequently asked questions

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Want to talk to us?

Whether you're looking for a new quote or have a question about life insurance, we're here to help. Call us Monday to Friday from 8:00am to 8:00pm AEST/AEDT.

Things you should know

¹ Lump sum payable if you suffer a terminal illness and your life expectancy is 12 months or less. For the definition of terminal illness, please refer to the PDS.

2 Subject to satisfactory evidence that the Death Benefit will be payable. The Life Cover sum insured will be reduced by the amount paid under this benefit. Please refer to the PDS.

3 Only payable if we have paid your Life Cover, Critical Illness Cover, or TPD Cover sum insured. Reimbursement is up to $1,000 per insured person and must be claimed within 12 months of the payment of your sum insured. Other criteria apply, please refer to the PDS.

^ 24/7 Medibank Nurse phone service is a separate service offered by Medibank Health Solutions Pty Ltd when you purchase Medibank Life Insurance. Medibank Health Solutions reserve the right to withdraw or change the service at its sole discretion at any time.

4 For details on the optional Critical Illness Cover, including  definitions, waiting periods and eligibility criteria, please refer to the PDS.

5 For details on the optional TPD Cover, including definitions and eligibility criteria, please refer to the PDS.

6 For details on the optional Child Cover, including definitions, waiting periods and eligibility criteria, please refer to the PDS.

7 Eligibility criteria apply. Please refer to the PDS.

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), Target Market Determination and Financial Services Guide to ensure the product is right for you before making a decision to acquire, or continue to hold, the product. Medibank Life Insurance and Medibank Income Protection (collectively Medibank life insurance) are issued by the insurer, Integrity Life Australia Limited ABN 83 089 981 073 AFSL 245492 (Integrity Life), administered and distributed by NEOS Direct, a registered business name of NDLI Pty Ltd ABN 70 665 747 277 AFSL 547119, and promoted by NEOS Direct's authorised representative Medibank Private Limited ABN 47 080 890 259 (AR No. 286089) (Medibank).

Your personal information will be handled in accordance with the Privacy Policies of the parties involved. Click here for NEOS Direct's Privacy PolicyMedibank Private's Privacy Policy or Integrity Life's Privacy Policy.

Have questions?

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