Special rebate offer

For the period to 31 March 2021, CommInsure is offering a special rebate on initial investment amounts of $100,000 and over into Investment Growth Bonds.

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Grow your investment with confidence

Investment options

Offers a choice of nine investment options including four multi-sector options and five single-sector options.

Investment option guarantees

Offered on four of our nine investment options. Designed to provide certainty as to the minimum value of your holdings in an investment option.

Death Benefit Guarantee

Provides certainty as to the minimum amount that will be paid on the death of the last Life Insured.1


Winner of AFA’s Investment Bond of the Year Award, 11 years running (2008 through to 2017).2

What's an investment bond?

  • Also known as an insurance bond, it combines many of the features of a managed fund and a life insurance policy, with the added benefit of the investment bond provider paying 30 per cent tax on any earnings in the bond
  • You can select from investment options that invest in assets such as shares, property, fixed interest and cash
  • It is flexible enough to suit a wide range of needs and different situations
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Tax-effective investing

  • Investment bond earnings are taxed at 30 per cent
  • Withdrawals don’t attract personal income tax if you have held the bond for at least 10 years, subject to satisfying the 125% rule (where each year’s contributions don’t exceed 125% of the previous year’s contributions)
  • No capital gains tax if you switch between investment options or transfer ownership of the investment bond
  • You don’t need to include any investment bond earnings in your annual tax return while your money remains invested

They may be suitable for:

  • High-income earners looking to maximise tax efficiencies
  • Retirees in need of a tax-paid income stream
  • Families wanting to save for young children through a Child Advancement Policy
  • Anyone looking for alternatives to super, certainty in estate planning and wealth distribution with little or no tax reporting

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 cover for the right circumstances and to make your life better. AIA Australia delivers innovative insurance solutions, and is committed to helping you make healthier lifestyle choices every day with rewards along the way.

In addition to our partnership, we intend to complete a statutory asset transfer of CMLA’s life insurance business in Australia to AIA Australia under Part 9 of the Life Insurance Act 1995. To find out more about the transfer, please visit aia.com.au/part9scheme

How to invest

To invest in a CommInsure Investment Growth Bond you will need to:

  1. Read the Product Product Disclosure Statement (PDS)
  2. Complete an application form
  3. Invest a minimum of $1,000

To discuss your options, make an appointment with a Commonwealth Financial Planner.

Request an appointment

Need more information to help plan for your retirement?

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Things you should know

1 To qualify for the Death Benefit Guarantee, the younger Life Insured on the policy must be less than 85 years of age at the policy commencement. While the policy remains in force, the Death Benefit Guarantee will continue to apply until the 99th birthday of the last surviving Life Insured.

2 AFA Investment Bond of the Year Award winner from 2008 through to 2018. Benchmarked on scores for financial, market and product strength factors.

CommInsure Investment Growth Bond is issued by The Colonial Mutual Life Assurance Society Limited (CMLA), ABN 12 004 021 809, AFSL 235035. ‘CommInsure’ is used under licence by CMLA. Please view our Financial Services Guide and Investment Growth Bond Product Disclosure Statement.

CMLA has entered into a Joint Cooperation Agreement with AIA Australia Limited (AIA) and Commonwealth Bank of Australia (CBA) for the joint operation of the CMLA and AIA businesses. AIA is part of the AIA Group, the largest publicly listed life insurance group in the Asia Pacific region with a presence in 18 markets. Whilst CBA will remain the ultimate shareholder of CMLA, under the terms of the Joint Cooperation Agreement AIA will have an appropriate level of direct management and oversight of the CMLA business.

CMLA’s Privacy Policy

As part of operationalising the Joint Cooperation Agreement, CMLA has adopted the AIA Australia Group Privacy Policy .

Neither the AIA Group nor the Commonwealth Bank of Australia Group (excluding CMLA) nor their subsidiaries, guarantee the performance of the Investment Growth Bond or the repayment of capital or interest by CMLA. Investments in the Investment Growth Bond are not deposits or other liabilities of the AIA Group nor the Commonwealth Bank of Australia Group (excluding CMLA) nor their subsidiaries. Investment products are subject to investment risk including loss of income and principal invested as described in the PDS. CMLA as product issuer does not guarantee the performance of the Investment Growth Bond except as expressly stated in the PDS.

This is general information only and does not take into account your individual objectives, financial situation or needs. You should assess whether the information is appropriate for you and consider talking to a financial adviser before making any investment decision.  To apply for a CommInsure Investment Growth Bond you need to complete the application process described in the PDS. The offer made in the PDS is only available to persons receiving the PDS within Australia. Applications from outside Australia will not be accepted.

Taxation considerations are general and based on present taxation laws and may be subject to change. CMLA is not a registered tax (financial) adviser under the Tax Agent Services Act 2009 and you should seek tax advice from a registered tax agent or a registered tax (financial) adviser if you intend to rely on information in the case study to satisfy the liabilities or obligations or claim entitlements that arise, or could arise, under a taxation law.

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.