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LUCKY YOU’RE WITH AAMI
Life Insurance Comparison
Options that cover your income or your life, so you or your family can get financial relief when it’s needed most.
Save $100
on your first year

Take out a new AAMI Income Protection or Life Insurance policy and save $100 on your first year.

T&Cs apply^.

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Other Benefits
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5% multi-life discount
If you take out a multi-life policy, you’ll get 5% off both lives for an Income Protection policy or the youngest life for a Life Insurance policy. Exclusions apply. More about exclusions apply
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12 months cover for the price of 11
By choosing to pay annually instead of fortnightly or monthly, you can get the 12th month free.
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Existing AAMI Customer Discount
If you’ve already got an existing AAMI policy, like home or car insurance, then you get a 5% discount.
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Award-winning insurer
WINNER - Trusted Brand for Life Insurance, Readers Digest 2020, 2021, 2022, 2024 & 2025.
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Life insurance calculators
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Estimate your Life Insurance level of cover
This calculator can help you work out what level of Life Insurance cover you may need.
Try our Life Insurance Calculator
https://life.aami.com.au/calculator/life
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Estimate your Income Protection level of cover
This calculator can help you work out what level of Income Protection Insurance cover you may need.
Try our Income Protection Calculator
https://life.aami.com.au/calculator/income
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What is the difference between Life and Income?
Life Insurance and Income Protection both offer you and your loved ones additional financial support. Life Insurance will pay a lump sum in case of your death or diagnosis with a terminal illness, while Income Protection will provide you with regular payments for a certain period of time should you be unable to work due to illness or injury.
Frequently Asked Questions
AAMI LIFE INSURANCE
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More Life Insurance FAQs
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AAMI Life’s Commitment to the Life Insurance Code of Practice

AAMI Life Insurance policies are issued by TAL, who played a key role in creating the Life Insurance Code of Practice. AAMI Life is committed to delivering the best possible customer service standards. AAMI Life will continue to look for ways to raise the standards of customer service now and over the years to come. Read more.

At TAL, we are committed to supporting our customers who may be experiencing vulnerability or have unique needs. Contact us or see how we can help if you are experiencing financial hardship or domestic and family violence.

Disclaimer

^The '$100 off first year discount' is available to new customers who take out a quote and purchase a new AAMI Life Insurance or Income Protection policy between 28 August 2025 and 25 February 2026. The $100 is spread evenly across the first year's premium payments; full benefit requires maintaining the policy for 12 months unless premiums are paid annually. If the policy is cancelled or payment frequency changes during the first year, any unallocated portion of the discount will not be honoured. This discount applies only once per policy and does not continue after the first year.

Where an eligible customer is also an existing AAMI customer who hold other AAMI branded insurance policies such as home or car insurance, the customer will also receive the standard 5% Existing Customer discount offered on AAMI Income Protection or Life Insurance.

TAL as issuer of the policy reserves the right to change or withdraw this offer for future customers at any time without prior notice.