Help us improve our website by completing a quick survey. Start survey now

You’ll need to update your browser so you can continue to log on to your online banking from 28th February. Update now.

Close

Life Care

This cover can provide a lump sum payment to your beneficiaries in the event of your death. It can also provide a lump sum payment to you, if you’re diagnosed with a terminal illness that leaves you with fewer than 24 months to live.

For more information talk to your financial planner and ask for a PDS which describes the benefits in full. If you don’t have a financial planner, we can help you to make an appointment with a professional financial planner for a complimentary, no obligations meeting.

Learn more

Features

  • Life Care Buy Back benefit - Automatically reinstates Life Care after we pay a Total and Permanent Disability or Trauma Claim
  • Loyalty Bonus benefit - Once cover is in place for five years, automatically increases payment of the Life Care or Terminal Illness benefit 5%, at no extra cost
  • Accommodation benefit - Helps cover the accommodation costs of an immediate family member who needs to stay nearby if you are terminally ill and confined to bed a long way from home

Trauma

At a glance

Trauma Cover may pay a lump sum if you are diagnosed with any one of the trauma conditions defined in our PDS. This includes cancer, heart attack or stroke. It’s part of our tailored insurance range.

For more information talk to your financial planner and ask for a PDS that describes the benefits in full. If you don’t have a financial planner, we can help you to make an appointment with a professional financial planner for a complimentary, no obligations meeting.

Learn more

Features

  • Child Cover – provides financial help to families if your insured child suffers a specified child trauma condition or passes away
  • Can be purchased on its own or combined with Life Care or Total and Permanent Disability (TPD)

 

Total and Permanent Disability

At a glance

This cover can pay a lump sum up to $5 million if you’re totally and permanently disabled. It’s part of our tailored insurance range.

For more information talk to your financial planner and ask for a PDS that describes the benefits in full. If you don’t have a financial planner, we can help you to make an appointment with a professional financial planner for a complimentary, no obligations meeting.

Learn more

Features

  • Loyalty Bonus benefit – Once cover is held for five years, automatically increases payment of the TPD cover benefit by 5%, at no extra cost
  • Option to convert – If you have a stand-alone TPD policy, you can take out Life Care under a new individual policy without providing further medical evidence when we pay a TPD cover benefit that ends your TPD cover
  • Can be purchased on its own or combined with Life Care

 

Income Protection

At a glance

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. It can also pay up to 100% of your super to your nominated fund.

For more information talk to your financial planner and ask for a PDS that describes the benefits in full. If you don’t have a financial planner, we can help you to make an appointment with a professional financial planner for a complimentary, no obligations meeting.

Learn more

Features

  • Customise your protection level, premium, waiting period, benefit payment period and the portion of your income to insure
  • Premiums are generally tax deductible, depending on your circumstances
  • Boosted Total Disability Benefit – Boosts the monthly benefit by one third if you are totally disabled by a serious medical condition

 

Business Overheads

At a glance

Cover your business overheads if you are unable to work due to sickness or injury.

For more information talk to your financial planner and ask for a PDS that describes the benefits in full. If you don’t have a financial planner, we can help you to make an appointment with a professional financial planner for a complimentary, no obligations meeting.

 

Learn more
  • Designed for self-employed people
  • Covers regular fixed operating expenses of your business if you can’t work due to sickness or injury

 

Not what you’re looking for?

Apply for cover that can help with life-changing events.
Cover is available to Australian permanent residents aged 18-50,
with no medical questions asked.

Learn more

FAQs

The Super Payment Method allows you to pay your Total Care Plan Super premiums via a partial rollover from your super fund.

Learn more

The SMSF Plan is a purpose-built insurance plan for members of a self-managed superannuation fund, offering life insurance, TPD, accidental death and income protection cover held inside super.

Learn more

Split TPD is a way to structure your TPD policy both inside and outside super. Split TPD provides the extra protection of the ‘own occupation’ TPD Cover that is only available outside super, while still allowing you to use your super to pay for some of your TPD Cover.

Learn more

You can find the answers to your Life Insurance questions by checking out the full list of FAQs.

Learn more

Read more

If you’re investing in property, making sure you have the right insurance to protect your investment is essential.

Learn more

Merging your money is a big decision and making sure you have the right personal, car and home and contents insurance is a key component.

Learn more

1. Gather financial statements – including insurance policies

2. List all monthly expenses

3. If you pay insurance annually, divide the cost by 12

4. Weigh expenses against monthly income

Learn more

Important information

This information has been prepared without considering your personal objectives, financial situation or needs. Before acting on it, please consider its appropriateness to your circumstances. Refer to the relevant Product Disclosure Statement and Financial Services Guide for full benefit details, terms, conditions and exclusions. Life Insurance policies are issued by The Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809 AFSL 235035 (CMLA). CMLA is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945. CommInsure is a registered business name of CMLA.
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.