Get the cover that’s right for you

Home Loan 
Compassionate Care

complimentary

At a glance:

  • Provided at no extra cost with an eligible CommBank-branded Owner Occupier home loan1 
  • Covers your home loan payments for around 12 months in the case of death or terminal illness1
  • Available for claimable events that occur on or after 24 February 20201


More details:

  • Pays your home loan repayments if you, your spouse or dependant passes away or is diagnosed as terminally ill
  • Claims are limited to $120,000 for each insured person
  • Eligibility criteria, like age and type of home loan, apply to this cover. See 'Tell me more' to see if you're eligible. 

Life Insurance
provided by AIA Australia

classic

At a glance:

  • Provides cover for Death and Terminal Illness up to $1 million
  • Optional cover available for Total and Permanent Disability and/or Trauma 


More details:

  • 5% partner and multi-policy discounts 
  • Advance payment of $15,000 to cover immediate costs, such as funeral expenses
  • No medical assessment required
  • Get a quote and apply online 
  • Access to AIA Vitality for polices with an annual premium over $7502

 

 

MyWay Life Insurance
provided by AIA Australia

flexible

At a glance:

  • Build your level of cover based on your main expenses using the Australian first interactive quote builder 
  • Flexibility to adjust your cover when you need to 
  • Provides cover for Death and Terminal Illness up to $1.5 million


More details:

  • Use the interactive quote builder to determine the level of cover you need
  • Advance payment of $15,000 to cover immediate costs, such as funeral expenses
  • No medical assessment required
  • Get a quote and apply online
  • Access to AIA Vitality Starter2

 

offer

AIA Vitality Starter free for the first 2 years

Apply by 30 November 20222

Have you also considered Income Protection?

You’ll enjoy peace of mind if you're unable to work due to an accident or sickness.
Income Protection provides a monthly payment to help with your expenses. 

Find out more

AIA Vitality – health and wellbeing program

  • A personalised, science-backed health and wellbeing program that rewards you for making healthier lifestyle choices. See what benefits you’ll be eligible for, depending on the policy you take out.

    Tell me more about AIA Vitality

  • AIA Vitality included with Life Insurance provided by AIA Australia

    • Up to 50% off gym memberships and up to 50% cashback on eligible Virgin Australia flights
    • Earn up to $760 each year 
    • Included in policies over $750 at no extra cost
    • Premium discounts: 10% off your Life Insurance and 5% off your Income Protection premiums when you achieve AIA Silver Vitality status or higher
  • AIA Vitality Starter included with MyWay Life Insurance

    • Up to 30% off gym memberships and up to 30% cashback on eligible Virgin Australia flights
    • Earn up to $260 each year for achieving weekly physical activity targets
    • First 2 years free if you purchase by 30 November 2022.2 Currently $6 per month

Need help with your cover?

  • AIA Australia’s Customer Service Team is here to help you with any questions you may have, including claims enquiries. Call between 9am and 5pm Monday to Friday, AEST:

    If you have questions about a Home Loan Compassionate Care claim, call CommBank on 1800 319 457 between 8am and 5pm (Sydney/Melbourne time), Monday to Friday. Our dedicated Home Loan Compassionate Care team is available to support you through the claims process, providing one-on-one guidance to help you navigate this difficult time.

Discuss your protection needs with a financial planner

  • A qualified financial planner can review your individual circumstances and offer tailored advice based on your needs and budget.

    Explore financial advice

Things you should know

  • Home Loan Compassionate Care is underpinned by a group policy held by us with the insurer, AIA Australia Limited ABN 79 004 837 861 AFSL 230043 (AIA Australia).  AIA Australia is not part of the Commonwealth Bank of Australia (CBA) Group of companies. For more information, download the Home Loan Compassionate Care Information Booklet.

    2 AIA Vitality and AIA Vitality Starter are provided by AIA Australia. Eligibility for membership to the AIA Vitality or AIA Vitality Starter program arises under, and is subject to, the AIA Vitality Terms and Conditions. Access to AIA Vitality or AIA Vitality Starter is dependent upon the insurance product held. AIA Vitality and AIA Vitality Starter partners, benefits and rewards are subject to change at any time. For the most up-to-date information and to view the AIA Vitality Terms and Conditions see aiavitality.com.au. As an introductory offer, for any MyWay Life Insurance policy taken out from 10 May 2022 to 30 November 2022, AIA Australia is waiving the AIA Vitality Starter fee for the first two years of your MyWay Life Insurance policy. At the end of this two year period, the standard monthly AIA Vitality Starter fee will apply.

    Life Insurance provided by AIA Australia, Income Protection provided by AIA Australia and MyWay Life Insurance, as described on this website, are provided and issued by AIA Australia Limited ABN 79 004 837 861, AFSL 230043 (AIA Australia) and distributed by the Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (CBA). AIA Australia is not part of the CBA Group. CBA and its related entities do not sell, issue or guarantee the obligations or performance of AIA Australia or the products it offers and these insurance products do not represent a deposit with or liability of either CBA or any of its related bodies corporate.

    This information is current as at the date of this communication and may change. This information is general in nature and has been prepared without considering your objectives, financial situation or needs. You should, before acting on this, consider the appropriateness to your circumstances and read the relevant Product Disclosure Statement before deciding to acquire or continue to hold any of these products. You can also call AIA Australia on 1800 491 588, 9am to 5pm, Monday to Friday (Sydney time) with any questions you may have about these products. Neither CBA nor any of its related corporations are authorised representatives or authorised representatives of AIA or our related companies. For more information on the financial services CBA provides, you should read CBA’s Financial Services Guide and Privacy Policy. If you purchase a Life Insurance provided by AIA Australia, Income Protection provided by AIA Australia and/or a MyWay Life Insurance policy, CBA is paid a commission which is a percentage of your premium.

    AIA Australia has adopted the Financial Services Council Life Insurance Code of Practice, which contains minimum standards of service that customers can expect from insurers. The Code can be found at fsc.org.au.

    AIA Australia has prepared a Target Market Determination which describes the class of consumers that comprise the target market for the Life Insurance provided by AIA Australia, Income Protection provided by AIA Australia and MyWay Life Insurance products. The Target Market Determination can be sourced at www.aia.com.au/tmds.