Macquarie Active - Life Cover

Customer Rating

from 8 reviews
Value for money: 83 %
Level of cover: 83 %
Customer communications: 88 %
Ease of purchase: 80 %
Read the reviews

This rating relates to all products for the life insurance category that are issued by the relevant insurer of which may or may not still be offered for sale. The ratings are consumer-driven and are not based on a representative sample.

Macquarie Active - Life Cover is complete comprehensive life cover that provides financial protection against health events, terminal illness and death. It covers more medical conditions than regular life insurance policies and gives you the option to add additional Income Cover or Child Cover for that extra level of protection. For three years in a row, Beaton Benchmarks - Life Insurance Intermediaries Study has awarded Macquarie Life with a five star rating.

Other features of Macquarie Active - Life Cover:

  • From $100,000 up to $4 million for Health Events, and unlimited for Death and Terminal Illness
  • Advanced funeral benefit of up to $15,000
  • Optional Income Cover - provides a monthly benefit in case you are too sick or too injured to go to work


Macquarie Active - Life Cover is a new innovative way of providing life cover that offers all-in-one life insurance package.

(as at 2 Apr 2013)

Policy details

Minimum entry age: 15
Maximum entry age: 65
Minimum cover amount: $100,000
Maximum amount of cover: $4,000,000
Maximum advanced funeral expenses: $15,000
Apply over the phone:

No medical or blood tests required:

Single and joint cover options:

Free interim accidental death cover:

Death by any cause (except death caused by a self-inflicted act or suicide within 13 months):

Terminal illness benefit:

Discounts on premiums:

Automatic renewable policy:

Fortnightly or monthly payment options available:

Monthly and annual payment options available only

Cooling off period (days): 21
Automatic sum insured increases:

24 hour worldwide cover:

Loyalty rewards:

Can be held until: For life
Additional optional cover available:

Optional child cover:

For trauma conditions only

Optional total and permanent disability cover:

Optional trauma cover:

Optional accidental death or serious injury cover:

Issued by: Macquarie Life Limited, ABN 56 003 963 773; AFSL 237497.
Product Disclaimer This information is provided to assist you to understand how this product compares on the basis of certain common features of the relevant product class and does not constitute financial advice. There may be additional product features that are not disclosed in this table. You should consider the Product Disclosure Statement before making a decision to purchase this product.

Need Help Choosing? Call 1300 884 384

8am to 8pm (EST), Mon to Fri.

Our team will be happy to help.


Choosi Pty Ltd (ABN 15 147 630 886) offers insurance products from a range of Australian brands. Choosi does not provide information, or offer cover, for all products available in the market and there may be aspects to some products that we do not compare. Choosi is not an insurer and cover is issued by various underwriters. Your use of this website is undertaken in accordance with the full Terms and Conditions.

Choosi is owned by Hollard Financial Services Pty Ltd (ABN 53 128 692 884), the distributor of each pet insurance, life insurance, income protection insurance, funeral insurance and final expenses insurance policy Choosi is able to arrange directly for the following brands: ACE Insurance Limited, Australian Seniors Insurance Agency, Guardian Insurance, Prime Pet Insurance, Real Insurance, RSPCA Pet Insurance and Woolworths Insurance. Choosi is also a related company of The Hollard Insurance Company Pty Ltd (ABN 78 090 584 473 AFSL 241436), the issuer of each pet insurance product Choosi is able to arrange directly. Information on this website does not take into account your personal objectives, financial situation or needs. You should consider the relevant Product Disclosure Statement (PDS) for more information and to ensure the product suits your needs. The PDS for each of the pet insurance, life insurance, income protection insurance, funeral insurance and final expenses insurance products sold through Choosi and our advisor partner are available through this website. Health Insurance products are not required to have a PDS, but this website has a Fact Sheet for each Health Insurance product Choosi is able to arrange.


Ground Floor, 58 Norwest Blvd, Bella Vista NSW 2153

Phone:13 55 55