Life Insurance quotes

  • Life insurance cover for up to $1.5 million
  • Easily change your cover amount as your life changes
  • Simple application process with no medical exams required
LOCK IN 5% SAVINGS, EVERY YEAR ^

Enjoy 5% off your premiums every year for the life of the policy when you take out a new Suncorp Life Insurance policy.

T&Cs apply.

Life insurance icon adult and child in green circle

Suncorp Life Insurance at a glance

What’s included?

Comprehensive cover up to a maximum of $1.5 million

You can also get up to $250,000 for Optional Illness Cover. Not sure how much cover you need? Use our handy calculator. To qualify for Optional Benefits you must be an Australian resident aged 18-65 and your medical condition must meet the specified severity criteria.

Flexibility to update your cover as your life changes

You can tailor and adjust your level of cover by up to $100,000 following a significant life-changing event, such as having a baby or taking out a mortgage without providing us new information about your health or pastimes1

Payout is generally tax-free*

There are no spending restrictions once you or your family have received the claim payment.

Advance payout of up to $10,000 (upon death)

This can help your family with any immediate costs, such as any legal fees involved with settling the estate.

You could receive your payout early

If you’re diagnosed with a terminal illness, we can advance your full payout.

Save with discounts

Get 5% off the premium on life cover for the youngest life insured if you take out a multi-life policy, get 12 months for the price of 11 if you pay annually, and receive a 5% discount if you’re a current customer with a Suncorp branded insurance policy.

What’s not covered?

Intentional self-inflicted acts

A Suncorp Life Protect Plus benefit is not payable in the event of intentional self-injury or suicide within 13 months of the cover commencement date.

If you’re in a country with a travel warning

No payments will be made under Suncorp Life Protect Plus if the event giving rise to the claim occurs while you are visiting a country for which the Australian Department of Foreign Affairs and Trade (DFAT) has isssues a ‘Do Not Travel’ warning advice that is in force during the time of your stay in that country.

Claims outside special terms

If Suncorp Life have agreed to a special term for cover that specifically excludes certain events or conditions, you won’t be covered if these contribute directly or indirectly to the claim. Any special terms will be agreed with you before your policy is issued.

Optional benefits

Major Illness Cover

Help protect you and your family from temporary setbacks due to defined cirtical illness of specified severity such as Cancer (of a specified criteria), Stroke (resulting in a neurological deficit) or Heart Attack (of a specified severity), with a benefit payment of up to $250,000.

Cancer Cover

Help protect you and your family from temporary setbacks due to Cancer (of a specified criteria), with a benefit payment of up to $250,000.

Get a quote in minutes

Or call 1800 178 438

Mon-Fri 8am-7pm,
Sat 9am-4pm (AEST)

Want to know more?

For full details of what is and isn’t covered, please refer to the PDS.

How to apply for Suncorp life Insurance?

Applying and setting up a Suncorp life insurance policy won’t take long. All Australian citizens and residents aged 18-65 can apply for flexible levels of cover that can adapt as your circumstances change.

STEP 1: GET AN ONLINE QUOTE
Getting an online quote is simple and quick, with some easy yes/no questions about your health and lifestyle.

STEP 2: REVIEW YOUR POLICY
Your quote will be available immediately. Review the quote and the product disclosure statement that will be sent with it. Then decide on your premium preferences.

STEP 3: ADD PAYMENT AND CONFIRM
Once you’ve decided what cover to take out and have paid your premium, you’ll receive an email confirmation. Your policy documents will also be posted to you so you can have them on file. Congratulations, you’re now covered. 

Learn more about Life Insurance

What is life insurance and how does it work?

Life insurance can help provide financial security for your loved ones if you pass away or become terminally ill. The way life insurance works is that by paying regular premiums you can help provide cover for your beneficiaries, who will receive a lump sum payment of up to $1.5 million. This can go towards helping your family keep their home, maintain their lifestyle and cover their living expenses. Alongside Suncorp Life Insurance, there are Optional Illness Cover options that could provide you and your loved ones with more cover if you are diagnosed with a defined critical illness such as cancer (of a specified criteria), a stroke or heart attack.

How much life insurance do I need?

The amount of life insurance you’ll need depends on your individual circumstances. When deciding on your amount of cover, consider your age, financial assets, any debt that you have accumulated and your household income. Also, consider your future expenses and income. This may include children, a higher or lower mortgage or increased lifestyle costs. Look at how much financial help your family will need to ensure they can maintain their lifestyle if you’re unable to provide for them

If you’re not sure how much cover you’ll need, give the handy Life Insurance calculator a go. You should also consider reading the Product Disclosure Statement before buying insurance. The Target Market Determination is also available.

Is life insurance worth it?

Life insurance is there to protect your loved ones if something were to happen to you, making it an extremely important part of planning for your family’s future. With the ability to shift with you through life’s big changes, life insurance can offer support to your family whatever comes your way.

Get a quote for cover that’s built for your family’s needs

Why choose Suncorp Life Insurance?

Trusted by thousands of Australians who turn to Suncorp for their life insurance needs.

Suncorp Life Insurance rewards you with ways to save, like 5% off your Life Insurance and Income Protection Insurance policy if you hold other Suncorp branded insurance policies such as home or car insurance.

Frequently Asked Questions

Looking for something else?
We also offer other types of insurance:

 Income Protection

 Funeral Insurance

 Home Insurance

 Car Insurance

Suncorp Life’s Commitment to the Life Insurance Code of Practice

Suncorp Life Insurance policies are issued by TAL, who played a key role in creating the Life Insurance Code of Practice. Suncorp Life is committed to delivering the best possible customer service standards. Suncorp Life will continue to look for ways to raise the standards of customer service now and over the years to come. Read more.

At TAL, we are committed to supporting our customers who may be experiencing vulnerability or have unique needs. Contact us or see how we can help if you are experiencing financial hardship or domestic and family violence.

We’re here to help

The friendly Suncorp Life team are Australian-based and here for you. If your needs and personal circumstances are more complex and you need financial advice, please talk to your Financial Planner.

Operating Hours

Quotes and sales: Mon-Fri 8am-7pm, Sat 9am-4pm (AEST)

Customer service: Mon-Fri 8am-6pm (AEST)

Claims: Mon-Fri 8am-5:30pm (AEST)

Apply online

Get a quote and apply online in minutes

Operating Hours

Quotes and sales: Mon-Fri 8am-7pm, Sat 9am-4pm (AEST)

Customer service: Mon-Fri 8am-6pm (AEST)

Claims: Mon-Fri 8am-5:30pm (AEST)

^Offer only available to new customers who take out a quote and new Suncorp Life Insurance policy from Friday 15th of December 2023 to 8:59am (AEST) Tuesday 2nd of April 2024. The 5% discount will be applied to your Suncorp Life Insurance premium for the life of the policy. This offer is not valid in conjunction with the existing Suncorp customer discount.

* Exceptions apply such as when cover is used for some business purposes and for non-financially-dependent beneficiaries of life cover under a superannuation plan. Taxation advice specific to your circumstances is recommended

1. Increases are limited to the lesser of 20% of your benefit amount at the time of the increase and $100,000. Conditions apply, refer to the Life Events feature in the PDS for more information.

How much cover do you need?

The amount of cover you may need will depend on the needs and lifestyle of your family, such as your current financial commitments e.g mortgage, your family's anticipated future needs e.g kids education, your super and any other investments.

Comprehensive cover up to a maximum of $1.5 million

You can also get up to $250,000 for Optional Illness Cover. Not sure how much cover you need? Use our handy calculator. To qualify for Optional Benefits you must be an Australian resident aged 18-65 and your medical condition must meet the specified severity criteria.

Flexibility to update your cover as your life changes

You can tailor and adjust your level of cover by up to $100,000 following a significant life-changing event, such as having a baby or taking out a mortgage without providing us new information about your health or pastimes1

Payout is generally tax-free*

There are no spending restrictions once you or your family have received the claim payment.

Advance payout of up to $10,000 (upon death)

This can help your family with any immediate costs, such as any legal fees involved with settling the estate.

You could receive your payout early

If you’re diagnosed with a terminal illness, we can advance your full payout.

Save with discounts

Get 5% off the premium on life cover for the youngest life insured if you take out a multi-life policy, get 12 months for the price of 11 if you pay annually, and receive a 5% discount if you’re a current customer with a Suncorp branded insurance policy.

Intentional self-inflicted acts

A Suncorp Life Protect Plus benefit is not payable in the event of intentional self-injury or suicide within 13 months of the cover commencement date.

If you’re in a country with a travel warning

No payments will be made under Suncorp Life Protect Plus if the event giving rise to the claim occurs while you are visiting a country for which the Australian Department of Foreign Affairs and Trade (DFAT) has isssues a ‘Do Not Travel’ warning advice that is in force during the time of your stay in that country.

Claims outside special terms

If Suncorp Life have agreed to a special term for cover that specifically excludes certain events or conditions, you won’t be covered if these contribute directly or indirectly to the claim. Any special terms will be agreed with you before your policy is issued.