This is your ‘one stop shop’ for life insurance help and information. We provide the answers to some commonly asked questions, as well as offer resources to help you take the first steps towards a secure financial future.
Term Life and other forms of life insurance are designed to provide control and choices during a time of personal loss.
For people with debts and/or dependants, life insurance can provide financial stability even through the worst of times.
Everyone’s situation is different, but you should have at least enough life insurance to cover your debts and provide an ongoing income for your family.
Many people are surprised to find that life insurance is cheaper than they think, with a range of low-cost life insurance options now available.
You’ll have the best chance of accessing cheap life insurance protection if you’re relatively healthy and a non-smoker.
If you have health issues or concerns then life insurance becomes even more important – although you may need to pay a little more for suitable cover.
If your state of health is uncertain or complicated, the insurer may request medical reports or ask you to undergo a medical examination when assessing your application.
Many Australians are underinsured, particularly when they rely on the often-limited level of life insurance within their superannuation fund, so it’s important to review your needs and top-up your cover if required.
We explain some common words and terms to help simplify the world of life insurance.
AAMI Life Insurance is issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530, AFSL 229 880 (SLSL) and is distributed by MetLife Insurance Limited ABN 75 004 274 882, AFSL 238 096. Australian Associated Motor Insurers Limited ABN 92 004 791 744, AFSL 328173 (AAMI) does not provide any financial product advice in relation to AAMI Income Protection. Any advice in this information is general advice only and has been prepared without taking into account any person’s objectives, financial situation or needs. You should consider the Product Disclosure Statement (PDS) for the AAMI Life Insurance product before making any decisions about whether to acquire this product.