Bendigo Bank offers life insurance products through the MaxLife range, providing coverage options to suit various needs. Here's an overview of their offerings:
MaxLife Life Protect
MaxLife Life Protect is designed to provide financial support in the event of death or terminal illness. Key features include:
- Advance payment of $15,000 to beneficiaries in the case of death.
- Up to $1 million insurance cover for terminal illness or death.
- 10% rebate on premiums for AIA Vitality program members.
- Simple claims process and quick payout.
- Coverage extends to overseas travel.
- Permanent disability insurance cover.
- Optional trauma insurance cover.
MaxLife Income Protect
MaxLife Income Protect offers income protection in case of illness or injury preventing you from working. Key features include:
- Coverage up to 70% of your pre-disability income, with a maximum benefit of $10,000 per month.
- Full disability insurance cover.
- 5% rebate on premiums for AIA Vitality program members.
- Premiums waived while on claim.
- Access to AIA Vitality program, offering health and wellness benefits.
- Worldwide coverage while temporarily travelling overseas.
- Guaranteed renewable cover, subject to policy terms.
How to Apply
To apply for Bendigo Bank's life insurance products, you can:
- Visit the nearest Bendigo Bank branch.
- Call 1300 236 344 to speak with a representative.
- Apply online through the Bendigo Bank website.
For more detailed information, refer to the MaxLife Life Protect Product Disclosure Statement (PDS) and the MaxLife Income Protect Product Disclosure Statement (PDS).