Reasons to think about protecting your lifestyle
Simple Life is about covering life-changing events. It can provide financial support, help with lifestyle changes and assist with bills.
Repay your credit card in the event of unforeseen circumstances, including involuntary unemployment and temporary disablement due to illness or injury with CreditCard Plus.
Loan protection is optional insurance from CommInsure which could help pay your loan repayments if you’re unable to work or your loan balance if you pass away. It’s quick and easy to apply, with no medical questions asked at application.
If you’re unsure how much life cover you might need, we’ve built a simple calculator to help.
Learn about life insurance
Learn about loan protection
Loan Protection and CreditCard Plus are issued by The Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809 AFSL 235035 (CMLA). You can download a Home Loan Protection Product Disclosure Statement (PDS), Personal Loan Protection PDS or CreditCard Plus PDS, or find one at any Commonwealth Bank branch or by calling 13 3982. You can also download a Financial Services Guide (FSG). Please refer to the PDS's for full benefit details, terms, conditions and exclusions (including for pre-existing conditions).
The issuer and insurer for Simple Life’s Life Cover, Total and Permanent Disability Cover and Critical Illness Cover is The Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809 AFSL 235035 (CMLA). The issuer and insurer for Bill Protection is Commonwealth Insurance Limited ABN 96 067 524 216 AFSL 235030 (CIL). You can download a Simple Life Product Disclosure Statement (PDS) and Financial Services Guide (FSG), or get one by calling 13 3982 between 8am and 8pm, Sydney time, Monday to Friday. If you call this telephone number in relation to Simple Life, you may be speaking with customer service representatives from Aegon Insights Australia Pty Limited (“Aegon”) ABN 35 082 524 785 AFSL 236657. Aegon is authorised to issue Simple Life on behalf of CommInsure. Please refer to the Simple Life Product Disclosure Statement for full benefit details, terms, conditions and exclusions (including for pre-existing conditions).
CMLA and CIL are wholly owned but non-guaranteed subsidiaries of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945. CommInsure is a registered business name of CMLA and CIL. This information is provided by CMLA and CIL (as relevant) and where we refer to ‘we’, ‘us’ and ‘our’, we mean either CMLA or CIL. The Commonwealth Bank of Australia does not guarantee the obligations or performance of CommInsure or AEGON or the products they offer.
This advice has been prepared without considering your objectives, financial situation or needs. Before acting on the advice, please consider its appropriateness to your circumstances.