Got a question? AAMI has you covered.
Can I reduce the cost of my Life Insurance?
Your premium, i.e. the purchase cost of your Life Insurance, is calculated by a number of factors. These can include:
- Smoking status
- Pre-existing health conditions
- Engagement in hazardous sports such as parachuting, mountaineering and motor sports
Certain lifestyle changes, like quitting smoking, changing jobs, or losing weight may mean your premium is lessened, so it’s important to keep us in the loop as often as you can by calling 1300 407 322.