An AAMI Comprehensive Life Cover benefit is not payable in the event of intentional self-injury or suicide within 13 months of cover commencement.
Life Insurance
SPECIAL OFFER
Save up to 10% on premiums every year
Take out a quote and purchase by 27 August 2025 and save 5% for the life of your policy + existing AAMI customers save an extra 5%^.
T&C's apply.
What's covered
This information is a summary only. For more details on benefits and exclusions read the Product Disclosure Statement (PDS)
What's not covered
This information is a summary only. For more details on benefits and exclusions read the Product Disclosure Statement (PDS)
Optional Cover
Major Illness and/or Cancer Cover
A lump sum of up to $250k can be paid out of your total Life benefit if you’re diagnosed within defined critical illness of specified severity such as cancer (of a specified severity), a stroke (resulting in neurological deficit), or a heart attack (of a specified severity).
Other AAMI Life Insurance benefits
Get a 5% family discount for the youngest life insured
Take out a multi-life policy for two adults and receive a 5% family discount on your life cover for the youngest life insured. The family discount doesn't apply to the Optional Illness Covers.
Get 12 months of cover for the price of 11
If you choose to pay annually, you'll get the 12th month for free.
Existing AAMI Customer Discount
5% discount for existing AAMI customers, such as home or car insurance.
Multi-Award-Winning Insurance
WINNER - Trusted Brand for Life Insurance, Readers Digest 2020, 2021, 2022, 2024 & 2025.
Life insurance isn’t always the easiest subject, but wouldn’t it feel good to know you’ve got a multi-award-winning insurer by your side? With AAMI Life, you can trust us to be there when you need us most. Explore our range of policies and enjoy peace of mind knowing your loved ones are in safe hands.
Looking after our loved ones is important, which is why it’s a good idea to consider life insurance. Life insurance provides a lump sum benefit to your loved ones if you pass away or are diagnosed with a terminal illness. This can help ease the financial burden on your loved ones at a time that can be emotionally, mentally and financially stressful. The lump sum can help cover expenses such as rent or mortgage, groceries, education, medical and other long term costs.
When you take out a life insurance policy, you can choose who the lump sum will be paid to. This person is your beneficiary. Naming a beneficiary means your benefit will be paid directly to the person you nominate, rather than going into your estate. Just like us all, life insurance isn’t a one size fits all situation, so you might want to look for a policy that can help cover your family through life’s changes.
Help cover your family. Get a quote today.
General advice only. You should consider if the advice is right for you and read the PDS available at aami.com.au/policy-documents before making a decision to buy or continue to hold a product. The Target Market Determination (TMD), where applicable, for the product is available on our website at aami.com.au/policy-documents.
This video is brought to you by TAL Direct Pty Limited 39 084 666 017 AFSL 243260. Products are issued by TAL Life Limited ABN 70 050 109 450 AFSL 237848 (TAL Life or insurer) which is part of the TAL Dai ichi Life Australia Pty Limited ABN 97 150 070 483 group of companies (TAL). TAL Life is not part of the Suncorp Group. TAL Life uses the AAMI brand under licence from the Suncorp Group.
How to
Apply for Life Insurance
Set up your Life Insurance or Income Protection today with AAMI Life. Applying is quick and easy, there are no medical tests and you can get a quote online in minutes.
Explore the Life Insurance coverage
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LIFE INSURANCE CALCULATOR
Estimate your level of cover
This calculator can help you work out what level of Life Insurance cover you may need.
COVER BY LIFE STAGE
Find cover to suit your circumstances
Whether you’re married, starting a family or taking out a mortgage, Life Insurance can provide valuable peace of mind at every stage.
AAMI Answers
Learn more about Life Insurance
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Life insurance helps minimise the financial burden on your loved ones. There’s a difference between a policy through your superfund and directly through a provider.
Knowing how much Life Insurance you need doesn’t have to be hard. Follow these few tips to get started on working your Life Insurance out.
Choosing life insurance is an important decision, so it’s best to understand all your options. Term life insurance covers you for a fixed period and there are a number of different types available.
Life Insurance
Frequently asked questions
Will I need a medical test to get Life Insurance?
Because of the way premiums are calculated, it’s important we understand the health conditions and needs of every Life Insurance applicant. With AAMI Life Insurance, you are not required to go to the doctors or get any medical tests. You will be required to answer a number of Health and Lifestyle questions as part of the application, but this should be a quick and easy process without the need to consult a doctor.
You may be worried about the potential of your Life Insurance application being rejected as a result of the answers you provide, but it’s important you don’t omit or hide information. If you do, you may end up not being able to receive payment for a claim you make down the track, when you might have been fully eligible for cover if you’d been up front in the first place.
How do I cancel my policy?
We’re sorry you’re thinking of cancelling. For policy cancellations or to discuss your situation further and to consider your options, please call the AAMI Life Team on 13 22 44.
If you do cancel, you may qualify for a refund for the unexpired portion of the premium less our cancellation fee and any non-refundable government charges (if applicable).
1. Exceptions apply, we recommend you seek taxation advice specific to your circumstances.
^ The ‘up to 10% discount’ offer is only available to customers who take out a quote and new AAMI Income Protection or Life Insurance policy between 1st of April and 27th of August 2025. All eligible customers will receive a 5% discount automatically applied to their AAMI Income Protection or Life Insurance premium for the life of the policy. Where an eligible customer is also an existing AAMI customer who holds any other AAMI branded insurance policy/ies such as home or car insurance, the 5% discount on premiums for Income Protection or Life Insurance will be automatically applied in addition to the standard 5% Existing Customer discount offered on Income Protection or Life Insurance. The two discounts combined amount to a total of 10% off Income Protection or Life Insurance premiums for the life of the policy.
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.
Intentional self-inflicted acts
Death in a travel-banned country
If you die in a country where the DFAT has issued a ‘Do not travel’ warning.