How it works

Lump sum payment

This cover provides a lump sum payment to your beneficiaries in the event of your death or terminal illness. A terminal illness benefit pays a lump sum if you are ill and likely to die within 24 months (depending on the insurance provider). This could be helpful for anyone with debts or dependants. Cover is available inside and outside of super.

The Product Disclosure Statement (PDS) describes the benefits in full. For more information, you can talk to a financial planner. 

Read the PDS

How to apply

Talk to your financial planner

Talk to your financial planner to ensure your insurance meets all your needs and discuss customising your insurance to suit you.

If you don’t have a financial planner, you can talk to one of ours.

  • Make an appointment for a complimentary, no-obligation meeting with a professional financial planner
  • Call 1300 131 103, 8am to 7pm (Sydney/Melbourne time) business days

Request an appointment

Related products

Total and Permanent Disability (TPD)

TPD cover pays a lump sum if you’re totally and permanently disabled, and unable to work again. 

Learn more

Income protection

Income protection generally pays up to 75% of your income when you’re unable to perform all or part of your occupation due to sickness or injury. 

Learn more

Trauma

This cover pays a lump sum for specified trauma conditions such as cancer, heart attack or stroke as defined in our PDS. It’s part of our tailored insurance range.

Learn more

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Things you should know

Please refer to the relevant Product Disclosure Statement for full details of these benefits and when they are payable. This advice (including the statements on taxation which are based on present taxation laws, rulings and their interpretation) has been prepared without considering your objectives, financial situation or needs. Before acting on it, consider its appropriateness to your circumstances. You should seek advice from your taxation adviser in relation to taxation matters.
 LifeTotal and Permanent Disability (TPD)Trauma CoverIncome Protection, and Business Overheads form part of CommInsure Protection. CommInsure Protection is issued by The Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809 AFSL 235035 (CMLA) and Colonial First State Investments Limited ABN 98 002 348 352 AFSL 232468 (CFSIL), the Trustee of the Colonial First State FirstChoice Superannuation Trust (FirstChoice Trust) ABN 26 458 298 557. CMLA is responsible for the administration Total Care Plan Super and provides insurance benefits to the fund as insurer. CMLA and the Trustee are wholly owned subsidiaries of Commonwealth Bank of Australia ABN 48 123 123 124. Commonwealth Bank of Australia does not guarantee the obligations or performance of CMLA or the Trustee or the products they offer.
 A Product Disclosure Statement (PDS) describing CommInsure Protection is available online, from your Commonwealth Financial Planner or by calling 13 10 56 (from overseas, call +61 13 10 56) and should be considered in making any decision about these products.
 Commonwealth Financial Planners are representatives or authorised representatives of Commonwealth Financial Planning Limited ABN 65 003 900 169 AFSL 231139, a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124.