Life insurance features and optional benefits
Life insurance benefits & optional extras
- Look after your family in the event of your death or terminal illness.
- For policies available direct through Choosi, you can get a lump sum benefit of up to $2 million, depending on your age and policy.
- Optional extra cover available for increased family security.
Financial support for your family if the worst were to happen
For policies Choosi can arrange direct, you can get a lump sum payment of up to $2 million (depending on your age and policy) in the event of a terminal illness diagnosis^ or your death, which can help your family manage financially and maintain their quality of life.
Amount of cover
Lump sum payment up to $2 million, depending on your age and policy.
Optional extras
Add additional cover options to your policy to help cover you for a range of other events for greater protection.
No medical tests
In most cases, no medical examination or blood test to apply.
24/7 protection
You are protected 24 hours a day, 7 days a week, worldwide while your policy is in place.
Tax-free pay out
In most cases when you are the policy owner, the benefit your family receives will be tax free.*
^ For the policies available direct through Choosi diagnosis of a terminal illness means where life expectancy is 12 or 24 months or less (depending on the policy) and cover is excluded for death or terminal illness as a result of a self-inflicted injury in the first 13 months.
* Please contact your accountant or a tax specialist to provide you with advice regarding your life insurance and taxes.
This is general information only and does not take into account your personal objectives, financial situation or needs. You should consider the relevant PDS available on this website prior to purchasing any product. Choosi offers insurance products from a range of brands but does not compare all products available in the market.