Greater peace of mind if the unexpected happens

Why is life insurance important?

There are some things in life you’d probably rather not think about, even though you know they’re important – like life insurance.

Life is unpredictable and that’s why having life insurance could mean your loved ones are covered financially, in the event you pass away or if you are diagnosed with a terminal illness. 

At a time when your loved ones need it most, life insurance can help cover any expenses, such as your home loan, debts, children's education and everyday bills. 

Learn more about life insurance


Features & benefits  

  • Cover to suit your needs

    The choice is yours - you can choose to take out Life cover from $100k to $1m.

    You can apply for additional cover options such as Total and Permanent Disability (TPD) or Trauma cover. 

  • Quick and easy to apply online

    Get a quote and apply online in a few simple steps. Get a decision straight away – no medical assessment or blood tests required. 

  • Easily see your policy details

    Easily access your policy details in NetBank and the CommBank app. 


Take a step to a healthier you with AIA Vitality

  • AIA Vitality

    When you purchase a Life Insurance provided by AIA Australia policy and your annual premium is $750 or more you can get access to AIA Vitality, a personalised scientifically-backed health and wellbeing program that supports you every day to make healthier lifestyle choices.

    It helps you understand your current state of health, provides tools to improve it and offers rewards and discounts on spa treatments, flights, gym memberships, life insurance premiums and more, to keep you motivated on your journey. 

    Learn more about AIA Vitality

Our partnership with AIA Australia

We’ve partnered with AIA Australia to actively improve the financial health and wellbeing of Australians. We believe in providing the right solutions for the right circumstances and to make your life better. AIA Australia is committed to helping you make healthier lifestyle choices every day with rewards along the way.

AIA Vitality logo

How does it work?

Step 1

Log on to NetBank to get a quote with AIA Australia

This should take about 2 minutes.

Quote in NetBank

Step 2

Review quote and complete application to purchase

This should take about 10 minutes.

Step 3

Easily view some of your policy details in the CommBank app and NetBank

Life Insurance & additional cover options

Life Insurance cover

Helps take care of your family financially in the event of your death or diagnosis of a terminal illness. This money can be used for things like mortgage repayments, rent and debt payments, children’s education and household costs.

What you're covered for:

  • Lump sum benefit amount of up to $1m in the event you pass away or are diagnosed with a terminal illness
  • Advance payment of $15,000 to cover immediate costs, such as funeral expenses

Examples of Life events:

  • Death due to an accident or sickness1 eg motor vehicle accident or heart attack
  • Terminal illness e.g. cancer


Optional Total and Permanent Disability cover

When you take out Life cover, you also have the option to apply for Total and Permanent Disability (TPD) cover. TPD cover helps support your family and lifestyle in the event you cannot work due to an injury1 or sickness1 You must meet the eligibility criteria to purchase TPD cover.

What you're covered for:

  • TPD (Any Duties2)
    Lump sum benefit of up to $750K if you are absent from work for at least 6 months due to an injury1 or sickness1, have undergone treatment and rehabilitation, and your medical practitioner confirms that you are totally and permanently disabled

Keep in mind, optional TPD cover is linked to the Life cover which means that a claim will reduce the Life cover amount.

Optional Trauma cover

When you take out Life cover, you also have the option to apply for Trauma cover. Trauma cover helps to protect the financial health of you and your family in the event you suffer a listed trauma event3 such as Cancer, Heart attack and Stroke. 

What you're covered for:

  • Lump sum payment (of up to $250k) in the event you suffer one of the listed trauma events3 
  • Trauma cover cannot exceed more than 50% of the Life cover amount

Examples of Trauma events3:

  • Cancer
  • Heart attack
  • Stroke

Keep in mind, optional Trauma cover is linked to the Life cover which means that a claim will reduce the Life cover amount. 

Things to consider

  • What level of cover is right for me?

    You can choose a level of life cover that suits your life stage. When you take out a Life Insurance provided by AIA Australia policy you have the choice to add additional cover options. 

    You can choose to add Total and Permanent Disability (TPD) cover or Trauma cover or both TPD and Trauma to your Life Insurance provided by AIA Australia policy, and create a level of cover that suits your circumstances. 

    See above for an overview of life insurance cover and the additional cover options available. For full terms, conditions, limits, definitions, exclusions, exclusion periods and choosing a combination of cover, please refer to the Product Disclosure Statement (PDS) and Financial Services Guide.

  • What you're not covered for

    There are some occupational exclusions which won’t cover you if death, injury or sickness is a result of carrying out the duties of certain hazardous occupations. Other exclusions include criminal activity, war/riots, suicide or self-inflicted injury.

    For more information on occupational exclusions, other exclusions, specific meanings and how they apply to you, please refer to the Product Disclosure Statement (PDS) and Financial Services Guide.

You may be eligible for a discount

  • 5% Partner discount if a partner living in the same household holds a Life Insurance provided by AIA Australia policy or an Income Protection provided by AIA Australia policy
  • 5% Life Insurance and Income Protection discount if you hold both a Life Insurance provided by AIA Australia policy and an Income Protection provided by AIA Australia policy

Refer to the PDS for further information about discounts.

Who can apply?

  • Life Insurance provided by AIA Australia is available to CommBank customers with NetBank, who permanently reside in Australia and are:

    • 18 to 65 
    • 18 to 59 for additional cover of TPD or Trauma
    • an Australian citizen or
    • an Australian permanent resident or
    • a New Zealand citizen

    Policyholders will be able to easily access their policy details in NetBank and the CommBank App.
    Get a quote via NetBank and apply online.

    Quote in NetBank

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.

    Please call 1800 491 588 between 9am and 5pm Monday to Friday, AEST.

Need advice on your protection needs?

  • A qualified financial planner can help you understand what cover is best suited to your individual circumstances and budget.

    Explore financial advice

Things you should know

  • 1 Accident, sickness and injury both have specific meanings set out in the Product Disclosure Statement (PDS).

    2 Any Duties has specific meaning set out in the PDS.

    3 Trauma events have specific meanings and a benefit is only payable if you meet the precise meaning of the definition as set out in the PDS. You must read the entire PDS including the medical definitions section of that document.

    Life Insurance provided by AIA Australia (Life Insurance) and Income Protection provided by AIA Australia (Income Protection), 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 (PDS) 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 Financial Services Guide and Privacy Policy. If you purchase a Life Insurance and/or Income Protection 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

    AIA Australia has prepared a Target Market Determination which describes the class of consumers that comprise the target market for this product. The Target Market Determination can be sourced at

    AIA Vitality is provided by AIA Australia and the information on this page is provided by AIA Australia. Eligibility for membership to the AIA Vitality program arises under, and is subject to, the AIA Vitality Terms and Conditions. Access to the AIA Vitality program as a result of holding Life Insurance or Income Protection requires your annual premium on your Policy or combined annual premium on all Life Insurance and Income Protection policies to be equal to or greater than $750 per person and does not require eligible individuals to pay any additional costs, as the cost of the program has been factored into your premium, if applicable. AIA Vitality 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