•  

About NEOS Life

NEOS Life is an independent and Australian-owned life insurance business. With faster decisions, and a superior level of customer service, NEOS Life was created to significantly improve the way life insurance is delivered in Australia today.

NEOS Protection is a life insurance product designed to help Australians protect what’s important to them. The flexible nature of this product means that cover can be tailored to meet the needs of individuals and families.

Importantly, NEOS has partnered with a leading global reinsurer — Pacific Life Re — who’s recognised for their financial strength. Combined with the personalised care and support provided by NEOS’ highly-skilled claims professionals, customers can be confident that NEOS will be there for them at claim time. 

Compare now

  • It’s free

    Free comparison service

  • Over 280,000 People

    That’s the number of people who compared with Choosi in 2017

  • Save time and effort

    Choosi makes finding insurance quick and easy


NEOS Protection cover types

Life Cover

  • Pays a lump sum benefit of up to $5 million if you die or become terminally ill
  • Cover inside and outside super available
  • Provides an upfront payment of up to $25,000 to help cover funeral expenses (not available if policy is held inside superannuation)
  • Built-in free $10,000 Child Critical Illness Benefit
  • Includes Interim Accidental Death Cover
  • NEOS provides your Life Cover with a market first three-year rate guarantee (no surprise increases)
  • Stepped or level premiums

Total and Permanent Disablement (TPD) Cover

  • Pays a lump sum benefit of up to $3 million if you become totally and permanently disabled
  • Can be a standalone policy, added as attached/linked cover under a Life Cover policy, or a split policy
  • Cover inside and outside super available
  • Built-in free $10,000 Child Critical Illness Benefit
  • Built-in benefits like Death1, Indexation, Specific Loss, Future Increase, Financial Advice and Grief Support Benefit
  • Optional benefits such as Life/Accelerated Life Cover Buy Back Option2 and Disability Premium Waiver Option
  • Allows you to choose from ‘Any’, ‘Own’, ‘ADL’ or ‘Super’ TPD definitions
  • NEOS provides your TPD Cover with a market first three-year rate guarantee (no surprise increases)
  • Stepped or level premiums

Critical Illness Cover

  • Pays a lump sum benefit of up to $2 million if you’re diagnosed with a serious medical condition such as a heart attack, stroke or cancer
  • Can be a standalone policy or as additional/linked cover under a Life Cover policy
  • Choose between Critical Illness Standard and Critical Illness Plus cover
  • Pays double the sum insured of up to $2 million if you suffer paralysis
  • Built-in benefits such as Paralysis Support, Indexation, Financial Advice and Grief Support Benefit
  • Optional benefits such as Life/Accelerated Life Cover Buy Back Option3 and Disability Premium Waiver Option
  • NEOS provides your Critical Illness Cover with a market first three-year rate guarantee (no surprise increases)
  • Stepped or level premiums

Child Cover4

  • Pays a lump sum payment if the insured child dies, becomes terminally ill or is diagnosed with one of the specified serious conditions such as a heart attack, coma, encephalitis, chronic kidney failure, or blindness, amongst others
  • Cover up to $200,000
  • Can be added as an optional benefit with a Life, TPD or Critical Illness policy
  • Built-in benefits like Funeral Advancement, Grief Support, Indexation and Accommodation Benefit

  1. Only available for standalone TPD Cover.
  2. Only available when TPD Cover is attached or linked to Life Cover.
  3. Only available when Critical Illness Cover is attached or linked to Life Cover.
  4. Only available if you have Critical Illness Cover or TPD Cover, attached or linked to your Life Cover.
     

Compare Now