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Protect those you love

Life Insurance

Take care of what's important. Life Insurance pays out a tax-free lump sum if you die or are diagnosed with a terminal illness.

Protect your family's future for as little as
$4.24 a week*

Get a quote

Why is Life Insurance Important?

Protect those you love

Life Insurance can help ease your worries that your loved ones will be taken care of and may not have to deal with the financial strain that could arise from you no longer being around. They could receive a lump sum up to $1,000,000 if you die or are diagnosed with a terminal illness. 

You may want to consider Life Insurance if you're; 

  • Aiming to assist your family financially e.g Children's education and living costs
  • Suffering with or are worried about poor health
  • Concerned about risks such as mortgage repayments and debts should you pass away.

What's included?

Features and benefits

  • Up to $1,000,000 cover

    A lump sum payment up to $1 million could be paid to your beneficiaries in case you pass away

  • Early payout for terminal illness

    You could receive your full benefit if you are diagnosed with a terminal illness

  • Early payout for funeral expenses

    Your family may receive a benefit of $10,000 upon death – usually within 24 hours of an approved claim – to help meet immediate costs like funeral expenses

  • Increase your cover without further health evidence

    Change your level of cover any time by up to $100,000 to match any changes in your lifestyle e.g you get married, have children, purchase a home, without the need for further health evidence.

  • Simple online application

    No medical or blood tests required when applying and no complicated forms (Eligibility criteria applies. Must be aged 18-60 inclusive)

  • 13th month premium free

    One month premium free when you pay for 12 months

  • Payout on top of other insurance

    AAMI Life Insurance pays out on top of any other insurance you may have, so you can use it as standalone cover or to top-up any existing life insurance you may have through your super.

  • 10% Family discount

    If an immediate family member has an AAMI Life Insurance policy

  • 30 day cooling off period

    30 days to cancel at no cost if you change your mind

Download PDS

How much cover do you need?

Calculate your cover needs in 3 simple steps

Life Insurance Calculator

Life Insurance Guide
Unsure what you need?

Look at ways to protect yourself depending on your circumstances

Select what best sounds like you

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My kids have left home

How to claim in 3 easy steps

In the unfortunate event that you need to make a claim, we're here to ensure you receive the help you need as quickly and painlessly as possible. We're here to help.

1. Call us on 13 22 44 as soon as possible after the event

2. We will send you a claims pack to fill in

3. Send us the completed claim form & requested info

Life Insurance

Frequently asked questions

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Insurance you can trust

Trusted by 2.8 million Australians with their insurance needs2.

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Call 13 22 44 if you have any questions
  1. Premiums vary. The above is based on a 35 year old female non-smoker, $200,000 sum insured.
  2. Includes customers of Asteron Life & Superannuation Limited (Asteron) and TAL Life Limited (TAL Life) which hold AAMI branded products. Asteron and TAL Life are part of the TAL Dai-ichi Life Australia Pty Limited ABN 97 150 070 483 group of companies (TAL). Asteron and TAL Life are authorised to use the AAMI brand. The Suncorp Group is a distributor of life insurance provided by TAL.
    Asteron and TAL Life support and adhere to the Life Insurance Code of Practice (Code). The Code has been developed voluntarily by the Life Insurance industry through the Financial Services Council to promote high standards of service to consumers, provide a benchmark of consistency within the industry, and establish a framework for professional behaviour and responsibilities. Download the Code here. For more information contact the Financial Services Council on (02) 9299 3022 (local call cost), email or visit

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