Life Insurance for death or illness
The thought of losing a loved one is traumatic. Our life insurance is designed to help take some of your stress away
Have you experienced a death or illness in the family?
We're here to help
Finances may not be the first thing you think of when facing a future without someone you love. However, if you've seen someone you know struggle financially because of the loss of their partner or parent, you'll have had a glimpse of how difficult it can be.
Our life insurance product – Life Protect – is designed to help you ensure your family's financial future is safe:
It can provide them, as your chosen beneficiaries, with a lump sum of money in the event of your death or if you are diagnosed with a terminal illness.
The money could help them get back on track and help protect their future lifestyle. It could go towards:
- Replacing lost income
- Paying the mortgage and keeping your loved ones in their home
- Paying for your children's education
- Funeral and other costs thanks to the Funeral Advancement Benefit
- Covering everyday expenses like groceries and travel costs
With Suncorp Life Protect, if you make a successful claim for terminal illness the benefit will be paid directly to you. In the event you pass away, any death benefit payable under your policy will go to your nominated beneficiaries, or alternatively, your estate.
Unsure how much you need?
Are you confident that any existing cover you have, or the life insurance provided by your super, is enough to support you and your partner if something were to happen to reduce your income? If you're not sure, use our life insurance calculator to help you work out an estimate of the cover you might need.
Need to talk?
Our friendly team of insurance specialists at our Australian based call centre can answer all your questions. Alternatively, if you feel your financial requirements are more complex and you require financial advice, you can turn to a Suncorp Financial Planner for help in assessing your risk and working out the cover that could meet your needs.