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About Lifestream Guaranteed Short Term Income


Lifestream Guaranteed Short Term Income from CommInsure is an immediate annuity generally suitable for individuals, companies, funds and trusts seeking a low-risk investment for their personal savings or superannuation that provides guaranteed regular income payments. It is particularly suited to investors looking for a regular income in retirement.

The features include:

  • Payments and capital are guaranteed
  • Choice of investment terms of between one and five years
  • Highly competitive rates of return
  • The ability to invest with your superannuation savings or personal savings
  • Choice of receiving your payments monthly, quarterly, half-yearly or yearly
  • Choice of how much you want to receive back at the end of the period
  • The ability to withdraw your investment at any time
  • No additional ongoing management fees
  • $10,000 minimum investment amount


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  • You can choose to receive payments monthly, quarterly, half-yearly or yearly paid to your Australian bank account
  • You can choose to have any amount from nil up to 100 per cent of your investment returned to you at the end of the term. (If you choose less than 100 per cent, part of each payment you receive will be made up of your capital)
  • You can make a withdrawal at any time*. Partial withdrawal is only available on annuities invested using personal savings
  • You can choose to have the payments continue to another person on your death or they can continue to your estate. Your nominated beneficiary or estate can withdraw the investment if they prefer to do so
  • The minimum investment amount is $10,000
  • Receive tax advantages - if you are a retiree aged 60 and over and invest with your superannuation, your regular payments are tax free
  • You can find out more by speaking to your financial adviser or downloading the Product Disclosure Statement
  • For more information, call CommInsure Customer Service Centre on 13 1056 (from overseas call +61 13 1056), between 8.30am and 6pm (Sydney time), Monday to Friday.

Contact details

Email us

Write to us

PO Box 320 Silverwater NSW 2128

Call us

13 1056, 8.30am to 6pm (Sydney time), Monday to Friday

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Important information

*If you withdraw your investment, the amount you receive back is likely to be less than the amount you invested. You will receive an amount equal to the value, at the time you make the withdrawal, of any remaining payments and capital to the end of the fixed term. This will be calculated by allowing for the costs of setting up the investment and will use an interest rate based on rates prevailing at the time you invested and when you withdraw your investment.

As this information has been prepared without considering your objectives, financial situation or needs, you should, before acting on the information, consider its appropriateness to your circumstances.

Lifestream Guaranteed Income is issued by The Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809. A Product Disclosure Statement for Lifestream Guaranteed Income is available by clicking here or from your Financial Adviser or by calling CommInsure on 13 10 56 (from overseas call +61 13 10 56), and should be considered before making any decision about Lifestream Guaranteed Income.

Any tax or Social Security information is based on the continuation of present laws and their interpretation that were current as at the latest Product Disclosure Statement.

Commonwealth Bank of Australia ABN 48 123 123 124 and its subsidiaries (excluding CMLA) do not guarantee or in any way stand behind Lifestream Guaranteed Income or the repayment of capital or interest by CMLA. Investments in Lifestream Guaranteed Short Term Income are not deposits or other liabilities of Commonwealth Bank of Australia or its subsidiaries (excluding CMLA).

CommInsure is a registered business name of The Colonial Mutual Life Assurance Society Limited.

The offer made in this PDS is currently available only to persons receiving this document within Australia. Applications from outside Australia will not be accepted.