Up to $1.5 million life cover*
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Allianz LifeCover Plus offers

Up to $1.5 million
Life cover*

Up to $500,000
Critical illness cover*

Up to $1.5 million Permanently
unable to work cover*

See more benefits and
Get a quote#

Many people insure their home, their personal possessions and their car, but fail to insure their most important asset, their life. It's probably not something you like to think about and it's easy to keep putting off until there's a problem. Unfortunately by then, it can be too late and the mortgage, credit card payments and day-to-day living expenses will still continue.

Allianz LifeCover Plus is straightforward life insurance. Have peace of mind knowing that you can protect the financial future of those who are important to you, by providing for them when you may no longer be able to.

Allianz lifeCover Plus offers three different types of covers:

  • Life cover
  • Critical illness cover
  • Permanently unable to work cover

Life cover provides much needed financial security in a time of uncertainty. The lump sum payment can help cover mortgage payments, school fees, bills, groceries, other living expenses and funeral costs. The loss of a loved one is enough to deal with and the last thing you want your family to worry about at a time like that is their finances. Life cover can help you with peace of mind of knowing that they will be taken care of if you are no longer around.

Critical Illness cover is also known as Trauma cover and pays a lump sum benefit if the life insured suffers one of the defined Critical Illness events.

Sometimes even the healthiest people are diagnosed with illnesses they have little chance of preventing – like cancer. Critical Illness benefits are paid regardless of the life insured’s ability to work. The funds can be used for any purpose the Policy Owner chooses, whether for the reduction of debts, to seek specialist or alternative medical treatment, or make lifestyle changes (such as reducing working hours).

Permanently Unable to Work cover has multiple naming conventions. Some may refer to it as Total and Permanent Disability (TPD) cover, or disability insurance. It is an additional cover option that can be added onto your Life cover.

Permanent disability can be financially as well as emotionally devastating and if you have not considered the consequences of losing your income, now is the time to do something about protecting it.

Our Permanently Unable to Work policy pays you a lump sum which can be used to help to minimise the impact permanent disability has on your way of life. The funds can be used for anything from paying off debts, replacing lost income for daily living costs, or assisting with ongoing medical and rehabilitation costs.

How much cover can I apply for?

The maximum cover amounts you can apply for are based on you current age and listed in the table below. The cover amount of any Critical illness or Permanently unable to work cover cannot exceed the Life cover Amount. The minimum cover amount is $50,000 for critical illness cover and $100,000 for Life cover and Permanently unable to work cover.

Your age Maximum Life cover Maximum Critical illness cover Maximum Permanently unable to work cover
16-45 $1,500,000 $500,000 $1,500,000
46-55 $1,000,000 $500,000 $1,000,000
56-65 $500,000 N/A N/A

Who can apply for cover?

You can apply for cover if you are a holder of Australian or New Zealand citizenship or an Australian Permanent residency visa and you are permanently residing within Australia at the time of your application. You must be between the age of 16 and 55 to apply for Critical illness cover or Permanently unable to work cover, or up to 65 to apply for Life cover.

It’s easy to buy online

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Product Disclosure Statement

For detailed information on the cover and limits provided, read the LifeCover Plus Product Disclosure Statement (PDS).
Product Disclosure Statement (PDS)

To make a life insurance claim:

Call us on 1800 142 020 and one of our friendly consultants will take you through the claims process.


#By proceeding with a quote you agree to receive our Financial Services Guide from this website.

Allianz LifeCover Plus is underwritten by Allianz Australia Life Insurance Limited (Allianz Life) AFS Licence No. 296559 ABN 27 076 033 782. In arranging this insurance, REVA Insurance Pty Ltd ABN 95 105 230 046 AR Number 267687 act as agent for Allianz Life, with respect to Allianz LifeCover Plus. We do not provide any advice based on any consideration of your objectives, financial situation or needs. Terms, conditions, limits and exclusions apply. Before making a decision please consider the PDS available . If you purchase this insurance, we will receive commission that is a percentage of the premium . Ask us for more details before we provide you with services.

*Maximum cover amounts depend on your age at application.

**Subject to conditions as outlined in the Product Disclosure Statement and Policy Document

The Financial Services Guide - Loan Market Insurance can be viewed here. This information has been prepared without taking into account your individual objectives, financial situation or needs. Policy terms, conditions, limits and exclusions apply. You should, before acting on this information, consider its appropriateness to your circumstances. You can download the Product Disclosure Statement (PDS) for each of the insurances by clicking on the relevant link or call 1800 221 773. The PDS should be considered in making any decision about this product.

Prefer to talk? 1800 142 020
Mon - Fri 8.30am - 5.30pm