Insurance options for your Home Loan
We can help protect one of your biggest assets with a range of insurance options.
Simple Life can pay a lump sum payment to you or your estate if the unexpected happens like terminal illness, permanent disability or if you pass away. There are four types of cover – Life Cover, Total and Permanent Disability Cover, Critical Illness Cover and Bill Protection.Learn more
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Things to know before you Can
Insurance refers to products offered by Commonwealth Insurance Limited ABN 96 067 524 216 ASFL 235030 (CIL) and The Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809 AFSL 235035 (CMLA) both wholly owned but non-guaranteed subsidiaries of the Commonwealth Bank of Australia. This information is provided by CMLA and CIL. Where we refer to ‘we’ and ‘our’, we mean CMLA or CIL.
The Commonwealth Bank of Australia and its subsidiaries (excluding CIL and CMLA) do not guarantee the obligations or performance of CIL or CMLA or the products they offer. Where the Commonwealth Bank of Australia acts as an agent for CIL or CMLA, the Commonwealth Bank receives a commission from CIL or CMLA respectively.
Home Insurance and the Bill Protection component of Simple Life are issued by CIL. Loan Protection and Simple Life (excluding the Bill Protection component) are issued by CMLA.
Product Disclosure Statements (PDSs) are available for these products by calling 13 24 23 (for Home Insurance) or 13 39 82 (for Loan Protection and Simple Life), by visiting commbank.com.au or from any branch of the Commonwealth Bank. The PDS should be considered before making any decisions about these products. You can also download a Financial Services Guide (FSG).
As this advice has been prepared without considering your objectives, financial situation or needs, you should before acting on this, consider its appropriateness to your circumstances.