Most of us think we don’t need life insurance.
But the truth is, you don’t need it. Your family does.

Deep down, when we’re married or have kids, we know we should have life insurance. We insure our cars, our homes and other material belongings, yet we often don’t stop to think about insuring ourselves. Or the future.

What if something unexpected were to happen? Do you have a 'Plan B' that’ll help see the family through?

When you take into consideration all the day to day expenses the average family needs to sort out, it adds up over time.

Average family’s ongoing expenses

• Mortgage
• Other debt repayments
• Bills
• Car insurance & expenses
• Medical bills and health insurance
• School fees
• Groceries
• Other living expenses

Having a life insurance policy gives you added peace of mind. It's about doing something special for the people you love most in the world. It’s a way of protecting them financially if you’re no longer around to help.

Some confronting facts:
Australia is one of the most underinsured countries in the developed world. Did you know:

• 95% of Australians don't have adequate insurance cover? (Lifewise / NATSEM Underinsurance Report 2010*)
• 60% of families with dependent children didn't have enough life cover? (IFSA / TNS Protection Gap Research 2005)
• Insurance cover within super typically amounts to just 20% of what’s required? (Lifewise / Rice Warner Actuaries)
• One in five Australian families will experience the unexpected death, serious accident or illness of a parent? (Lifewise / NATSEM Underinsurance Report 2010)

* National Centre for Social and Economic Modelling, (Life & Disability) Underinsurance Report, University of Canberra, 2010

Get a quote

At Virgin Money we’re here to make life better for everyone. So, even though it can be tough to think about life insurance, it’s something you need to get sorted. That’s why we make it easy and straightforward to look after your family, giving you more time to enjoy the things you love.

Why choose Virgin Life Insurance:

• Choice of cover options:

  Quick & Easy
  Guaranteed* acceptance for all Aussie residents aged 18-65 with cover up to $750,000.
  Tailored
  For those looking to reduce their premiums or wanting a higher level of cover up to $1.5 million. Answer a few more questions about your health and lifestyle for this option.

• Flexible

  Select the level of cover to suit your family’s needs, when you pay and how often.

• Affordable cover

  Starts from just a few dollars a week.

• More ways to save

  Cover your partner as well for further discounts on premiums. Discounts also apply to the premium for cover amounts over $500,000.

• Applying is easy

  Get cover in a few minutes over the phone or online.

• 30 day money back guarantee

  So you can be sure of your decision.

Get a quote

With Virgin Life Insurance, we provide flexible options so you can select the cover right for you. Compare our cover options below:

Compare Cover Options

* Acceptance is guaranteed for Australian Residents aged 18-65. Exclusions apply for suicide, pre existing medical conditions, criminal activities, dangerous occupations and pastimes.

Read the PDS
Sure, it’s a few minutes of your life that you’ll never get back, but it’s worth it—just so you know exactly what you’re covered for. Download the PDS here.

Any questions on our cover options? We’re here to help. Just call our friendly customer care team on 1300 814 990.

When researching or applying for life insurance, it pays to keep the following in mind.

Check what cover you have already
Many superannuation accounts include a level of life insurance. If it’s not enough to look after the essentials, then additional top-up cover could make up the difference. When you arrange cover outside super, your life insurance stays with you wherever you go - even if you change employers. Top up cover costs less than you think.

Do your sums
Unsure how much life insurance you need? Our life insurance calculator can help you select the right amount of cover for you.

And as you’re circumstances change over time, the flexibility of Virgin Life Insurance means you can adjust the amount you’re covered for as life rolls on.

Get a quote

Getting cover is quick and simple with Virgin Life Insurance.

• Apply over the phone on 1300 814 990 or online
• You can get guaranteed* on-the-spot cover in just a few minutes, or answer a few health and lifestyle questions which could reduce your premiums
• All Aussie residents aged 18 to 65 are welcome
• No medicals, no blood tests, no lengthy forms to fill out

30 day Money Back Guarantee. We want you to be 100% happy with your choice. If you’re unhappy, you can cancel within the first 30 days for a full refund of any premiums paid.