You will only be covered for the events listed under the Cover type you choose.   
Eg, if you choose only Accident Cover, you will not be covered for any events listed under Illness Cover or Adventure Sports Cover

Regardless of the cover types you choose the following applies:

• No payments will be made under Life Insurance 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 issued a ‘Do Not Travel’ warning advice that is in force during the time of your stay in that country

• No payments will be made if your death is a result of suicide in the first 13 months

Cover Start and End Dates:

Once your application is accepted by us we guarantee to renew your Life Insurance Cover until the Policy Anniversary prior to your 100th birthday as long as you have complied with the Duty of Disclosure and you have paid premiums when due. This guarantee applies regardless of any change in your personal circumstances.

Your Cover will end when the full Benefit Amount is paid, Cover is removed from your Policy, Cover is cancelled through non-payment of premiums or when Cover expires at age 99.

There may be other reasons Cover may end.  See the PDS for further details. 

Health & Lifestyle Assessment

When you apply for TAL Lifetime Protection, you will be asked a number of questions related to your health and lifestyle.  You can answer these online or over the phone.  No medicals are required when you apply.

By agreeing to the Duty of Disclosure you have agreed to be honest and accurate in your answers to these questions.

Your answers to the questions may mean that you have increased risk factors under the Policy.

Loadings & Exclusions

In some cases we will be unable to provide you with all or some parts of the Cover for which you have applied.

In other cases, Cover may be subject to conditions such as a Premium Loading, or an Exclusion.

A Premium Loading will mean that you pay a higher premium for the Cover

An Exclusion will mean that you will not be Covered if you suffer or die from a specified excluded medical condition, or you are injured or die as a result of participating in an excluded pastime or activity.

Who receives the benefits?

You can nominate to whom we will pay your Life Insurance Benefit in the event of your death. This could be one or more people.  Your nominee(s) are called Nominated Benefit Recipient(s).

Any selection of Nominated Benefit Recipient(s) is binding on us once we’ve received your nomination and send written confirmation of the nomination back to you.  However, you can ask us to change or cancel a nomination at any time. If a nomination is made, details of the Nominated Benefit Recipient/s will be shown in your Policy Schedule. If a change or cancellation is made to a nomination, a new Policy Schedule will be issued as confirmation of the change.

If a Nominated Benefit Recipient passes away before you, the nomination of that Nominated Benefit Recipient becomes invalid.

If there are other surviving Nominated Benefit Recipients then the benefits will be paid to them in accordance with the proportions in
your nomination, but with those surviving proportions being scaled up to total 100%. 

If there is no surviving Nominated Benefit Recipient, then the Life Insurance Benefit will be paid to your estate or to your legal personal representative, or a person we are permitted to pay under the Life Insurance Act 1995 (Cth).

Choosing a Premium Structure

You have the choice of Stepped or Level Premiums. Your choice will impact your monthly premium, and how your premium increases each year.

Learn More

Bundling your insurance:

If you have Life Insurance with TAL, and have added TPD or Recovery Insurance to your plan, you have the option to keep each insurance independent from each other within your plan, or Bundle them together.

Learn More