Bupa Life Insurance provides your family with financial assistance in the event of your death or terminal illness so that your family can continue to meet day-to-day expenses such as mortgage payments and maintain their current standard of living.
If you're between 16 and 55 years old, you can choose to apply for any sum insured from $50,000 to $1,000,000, in multiples of $50,000. If you're between 56 and 64, you can apply for a maximum of $500,000.
The benefits of Bupa Life Insurance
- A lump sum benefit is paid in the event of your death and terminal illness
- Choice of cover, ranging from $50,000 to $1,000,000 (from age 56, maximum benefit is $500,000)
- Motor Vehicle Accident Benefit - additional 20 percent of the benefit payable if death is the result of a motor vehicle accident (up to $50,000)
- Funeral Expense Benefit - advance benefit of $15,000 to help with the costs of a funeral
- Cover Indexation Benefit - cover automatically increases each year to keep pace with inflation, subject to a minimum increase of five percent
- Permanent Australian residents aged 16-64 years can apply
- Cover is guaranteed renewable - this means that as long as you pay your premiums when due, we'll guarantee to continue providing you with cover
- 24-hour worldwide protection
- No medical or blood tests
- Level premium rate for the first three years
- Premium discounts for higher levels of cover
- Flexibility to pay premiums annually, or monthly at no extra cost
Products are issued by ClearView Life Assurance Limited ABN 12 000 021 581 AFSL No. 227682. Please refer to the relevant Product Disclosure Statement (PDS), available online or by contacting 134 135 for full details of exclusions, definitions and terms and conditions of the relevant product. Any advice on this website is general advice only and does not take into account your individual objectives, financial situation or needs. Before acting on it you should consider its appropriateness, taking into account your personal circumstances. By accessing this website, you acknowledge that you agree to receiving the Bupa Australia Pty Limited/Bupa Australia Health Pty Limited Financial Services Guide by downloading a copy.
