Protect the things in life that truly matter

Eligible Owner Occupied home loans receive Home Loan Compassionate Care which covers your home loan repayments for a limited period of time. However, to help protect the financial future of your family you may need to consider life insurance and income protection to give you that extra safety net if the unexpected happens.

Choosing the right cover for you and your family

Home Loan Compassionate Care

Included with eligible Owner Occupied Home Loans

Life Insurance
Income Protection
At a glance
Complimentary protection for you to help pay your eligible Owner Occupied home loan repayments for around 12 months
A once-off payment up to $1M to help you cover any expenses, such as a home loan, debts or everyday bills
Monthly payments up to 70% of your Pre-Disability monthly income (max $10K) if you are unable to work due to an accident1 or sickness1
Help pay your home loan repayments for a limited period and up to $120k per insured person
Lump sum up to $1M
3 x monthly Pre-Disability Income
Terminal illness
Home loan repayments for a limited period
Lump sum up to $1M
Additional Cover Option -Total and Permanent Disability (Lump sum up to $750K)
The lesser of your sum insured or 70% of your pre-disability income (Max $10K a month) 
Additional cover option – Trauma (Lump sum up to $250K) 
AIA Vitality (subject to a minimum premium)2
Cover expiry
Cover expires at age 59
Life cover expires at 75
TPD and Trauma expires at 65
Cover expires at age 65
Who's covered
Covers all borrowers, spouses and dependents aged 18 and under
Policy holder
Polcy holder

* whilst on claim

Help putting the right insurance cover in place

Understanding the details of personal insurance cover can often be complex. A financial planner can explain your options in plain, simple language and make sure you have the right insurance cover to suit your changing needs and budget.

They start by completing a comprehensive review of your financial situation and lifestyle goals, then work with you to put a tailored financial plan in place – including protection for your family, your lifestyle, your income or even your own business. 

Things you should know

1Accident and Sickness both have specific meanings set out in the PDS.

2Access is subject to a minimum annual premium on your Life Insurance and Income Protection policies, for more information visit

Life Insurance provided by AIA Australia (Life Insurance) and Income Protection provided by AIA Australia (Income Protection) 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) or by calling AIA Australia on 1800 491 588, 9am to 5pm, Monday to Friday (Sydney time), before deciding to acquire or continue to hold  any of 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 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

Financial Planners are representatives of Commonwealth Financial Planning Limited (Commonwealth Financial Planning) ABN 65 003 900 169, AFSL 231139, a wholly-owned, non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124.