Life Insurance at ClearView
Life Insurance at ClearView can be of enormous help to your loved ones, ensuring they are not left with a financial burden in the event of your death or terminal illness.
By paying a lump sum following your death or terminal illness, Life Insurance at ClearView ensures that your family are able to meet their day-to-day expenses such as mortgage payments, whilst maintaining their current standard of living.
It also provides an advance benefit to cover the cost of a funeral, and a 20% bonus payment should you die as a result of a motor vehicle accident.
Applicants aged 16-55 can choose to apply for any sum insured from $50,000 to $1,000,000, in multiples of $50,000. Applicants aged 56-64 can apply for up to $500,000.
Key Features
- 24 hour worldwide protection for death and terminal illness.
- Choice of cover, ranging from $50,000 to $1,000,000 (from age 56, maximum is $500,000)
- Cover is guaranteed renewable which means that provided you continue to pay your premiums when due, we guarantee to continue to provide cover
- Premium discounts for higher levels of cover
- Australian residents aged 16-64 can apply
- Advance benefit of $15,000 to help with the costs of a funeral
- Additional 20% of the benefit payable if death is the result of a Motor Vehicle Accident (up to $50,000)
- Cover automatically increases each year to keep pace with inflation, subject to minimum increase of 5%
- Level premium rate for the first three years
- Flexibility to pay premiums annually, or monthly at no extra cost
Please refer to the Product Disclosure Statement for applicable definitions and exclusions.
For more information see the Life Insurance at ClearView Fact Sheet.
Standard monthly premiums
This table outlines the standard monthly premiums for various ages and sums insured and include any applicable large sum insured discounts. Premiums are subject to change. If you would like a quote for your age or a different sum insured please contact us on 132 979.
This material is intended to provide general information only and the information has been prepared by ClearView Life Assurance Limited, ABN 12 000 021 581, AFSL Number 227682, without taking into account any particular person's objectives, financial situation or needs. Before acting on such information, you should consider the appropriateness of the information having regard to your personal objectives, financial situation or needs. You should read the relevant Product Disclosure Statement before making any decision about acquiring or continuing to hold a product. Click here for a copy of the Product Disclosure Statement or call us on 132 979.
