We are living longer and surviving serious illness like cancer, stroke and heart disease that would have once resulted in an early death. This is great news and a lump sum payment upon diagnosis will ensure you can focus on your recovery, rather than worry about the impact on your financial situation.

Life Cover Solution

Life Cover will provide a lump sum payment to your nominated family members in the event of death or terminal illness. You choose the level of cover required at the time of application that best meets your circumstances and budget. You are able to increase or decrease the level of cover you require as your financial situation changes.

The lump sum payment can be used by your nominated family members however they require but most families use it to repay debts such as the mortgage, invest to create a future income stream, meet education and/or childcare expenses, help with estate planning or business buyouts.

A medical assessment is required prior to your cover being offered and put in force.

Benefits of Life Cover

At My Insurance House we ensure the benefits and cover provided to our clients suits your needs. Some of our benefits include:

  Ability to pay your premiums via super making the costs of your cover more affordable.

  Ongoing cover and no increase in your individual premium because of changes in your health, occupation or pastimes.

  Your cover will be indexed each year to ensure your benefit maintains real value without the need for new medical assessment.

  A funeral advance benefit will be paid upfront to help cover the costs of a funeral and other immediate expenses.

  Ability to put your premium and cover on hold for up to 12 months.