Life Insurance Benefits

Give your family the peace of mind of knowing that if you die suddenly or are diagnosed as terminally ill, Woolworths Life Insurance could pay your chosen benefit as a lump sum to you or your family. The policy can provide cover from $100,000 up to $1.5 million, depending on your age and income. If you're an Australian resident aged between 18 and 65 you can apply.
 

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Easy to apply – no medicals

Apply over the phone - no medical or blood tests needed.
No forms to fill out.

Affordable premiums
Cover starts from just $1.42 a week**

Single or joint cover options available.

Fortnightly, monthly or annual payment options.

Financial help when your family needs it
The benefit is paid for death by any cause from day one, except suicide in the first 13 months.$15,000 advance payment while your claim is being assessed^. This can help with funeral expenses and any other expenses.Receive 100% benefit if you are diagnosed as terminally ill with less than 12 months to live.

Freedom to change your mind
There's a 30 day “cooling off period”, which means you have 30 days to look over your policy to make sure it suits your needs and if you are not satisfied, you can cancel your policy within this period and any premium paid will be refunded.

 

Benefits are subject to the terms and conditions including the limits and exclusions of the insurance policy. Woolworths Life Insurance is issued by Swiss Re Life & Health Australia Limited, ABN 74 000 218 306, AFSL No. 324908, and is subject to the terms and conditions of the insurance policy as set out in the Product Disclosure Statement available on this website or by calling 1300 10 1234. Woolworths Life Insurance is distributed by Greenstone Financial Services Pty Ltd, ABN 53 128 692 884; AFSL No. 343079 and is promoted by its Authorised Representative Woolworths Limited, ABN 88 000 014 675, AR No. 245476. This is general advice only and does not take into account your objectives, financial situation or needs. Before acting on advice, consider whether it is appropriate for you.  Before you purchase this product you should carefully read the Financial Services Guide and Product Disclosure Statement to decide if it is right for you.

** Premium based on $100,000 benefit for a female non-smoker aged 34.

^ Subject to proof of age and death being provided.

Contact us

If you need more information or have any questions please call 1300 10 1234 between 8am - 8pm (AEST) Monday to Friday excluding public holidays.