Why choose Ezicover Life Insurance?
What does Life Insurance cover?
Ezicover Life Insurance is designed for people with financial dependants or loved ones, who have or expect to have outstanding financial commitments (such as a mortgage, school fees, medical expenses and living expenses) that will not be satisfied or able to be paid in the event of their death or terminal illness.
Please see the Product Disclosure Statement (PDS) & Target Market Determinations (TMD) for full details.Additional benefits
Get more out of your insurance with Ezicover and these additional benefits that you can receive as an Ezicover Life Insurance customer.
Please see the Product Disclosure Statement (PDS) & Target Market Determinations (TMD) for full details.What’s not covered
It is important to know when claims will not be paid so you can decide if Ezicover Life Insurance is right for you. This table highlights some of the certain events or circumstances when we will not pay a benefit.
Please see the Product Disclosure Statement (PDS) & Target Market Determinations (TMD) for full details.How much life insurance do you need?
Determining how much life insurance you need depends on your personal financial situation, goals, and family circumstances. To ensure your loved ones are protected, consider the following factors:
- Income Replacement: Provide your family with 5–10 years of your income.
- Debt Coverage: Include enough to pay off significant debts like a mortgage or car loans.
- Childcare & Education: Account for the cost of raising children and funding their education.
- Final Expenses: Cover funeral and burial costs, typically $10,000–$20,000.
- Savings & Investments: Factor in existing savings or investments that might reduce your insurance needs.
- For a more accurate estimate tailored to your situation, visit the MoneySmart Life Insurance Calculator. It’s a free, easy-to-use tool provided by the Australian government to help you calculate the right level of cover for your needs.
Life Insurance explained
Find the answers to frequently asked questions here.
Yes, you can have multiple life insurance policies.
You can apply anytime to increase or decrease your Death and Terminal Illness benefit amount after your policy start date.
You can decrease your Death and Terminal Illness benefit down to $50,000.
The maximum cover available depends on your age at the date of increase. We may ask for more information while assessing your request to increase your cover.
You can nominate up to 6 beneficiaries to receive the Death Benefit if you die. Beneficiaries can only be individuals, and you cannot nominate yourself.
Your Ezicover Life Insurance policy start date is the date we accept your application. Your policy start date will be shown in your policy schedule. We have certain terms to determine the end date of our policy. Please talk to our specialists.
You can pay premiums by:
- Direct debit from a bank account or credit card annually, half yearly or monthly
- B-Pay annually
- Buy-now-pay-later
No this policy has no cash value and is only paid out in the event of terminal illness or death.
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Do I need life cover income protection – or both?
Life cover provides a lump sum payment in the event of your death or a terminal illness diagnosis, whereas income protection helps safeguard your ability to earn an income if you become sick or injured.
Read moreImportant life insurance considerations for couples
Balance is important in relationships and life. But often the main breadwinner in a couple will have life insurance, while their partner – who might be doing unpaid work like domestic and child rearing duties – isn’t covered.
Read moreMarriage, kids and starting over: when to review your life insurance
When it comes to life insurance, there’s no one-size-fits-all approach. You’ll likely have different needs as your situation changes. We look at some typical milestones and why they’re a good opportunity to review your cover.
Read moreAny advice contained on this website is general advice only and does not take into account your objectives, financial position or needs (your ‘circumstances’). Before making a decision whether to purchase or to continue to hold this cover, please consider whether any advice is appropriate for your circumstances, as well as the Product Disclosure Statement and Financial Services Guide. The relevant target market determination is available here.
Ezicover Life Insurance is issued by Zurich Australia Limited (Zurich) ABN 92 000 010 195 AFSL 232510 of 118 Mount Street, North Sydney, NSW 2060. Zurich has prepared the information on this website about Ezicover Life Insurance and Great Southern Bank is simply passing the information onto you. This information is of a general nature only and does not take in to account your objectives, financial situation or needs. You should consider these factors and the relevant Product Disclosure Statement, the Target Market Determination, which contains details of conditions, limits and exclusions of cover, before making a decision regarding the product. Great Southern Bank does not recommend, endorse or advise you about this insurance. Great Southern Bank can only refer you to Zurich. If you buy an Ezicover policy, Great Southern Bank will receive a referral commission from Zurich of 20% (plus GST) of your insurance premium. This amount is paid by Zurich and is not an additional cost to you. This information is current as at 27 September 2021 and is subject to change. PDR GCLS-017496-2021
1. Cover available up to $1,500,000 for persons aged 19-45, up to $1,000,000 for persons aged 46-54, up to $750,000 for persons aged 55-59 and up to $500,000 for persons aged 60-69.
2. This is a summary of the key features only. Terms and conditions apply. Please refer to the Ezicover Life Insurance Product Disclosure Statement for full details.
3. Available for Ezicover Life Insurance only where you and another person apply for two policies at the same time and both policies are accepted.
4. This offer is available to anyone who purchases or already has Ezicover Life Insurance or Income Protection. This offer may be withdrawn at anytime and without notice to you, you should consult with Zurich Ezicover to understand if any qualification dates apply.
The offer consists of a complimentary Will (RRP value AU$159.00), provided by Willed Pty Ltd ('Willed') of Gardenvale Road, Gardenvale, VIC, 3185 ABN 20 638 925 032, through their technology platform that allows the creation of estate planning solutions using its forms and other information, where a customer holds (as policyholder) an Ezicover policy for a 12 month period.
The Zurich Loving Life App and the underlying offers and discounts are provided for Zurich by Entertainment Publications of Australia Pty Ltd, ABN 85 065 011 903 of 53-55 Herbert Street, Artarmon NSW 2064 (‘Entertainment’).
The promoter of Zurich Loving Life and the free online legal Will is Zurich Australia Limited, ABN 92 000 010 195 of 118 Mount Street, North Sydney, NSW 2060 (‘Zurich’).
Zurich makes no warranty and accepts no liability in relation to the quality, suitability or value of the Zurich Loving Life or free online Will offers. By participating in these offers, you agree that you have read and understood their Terms and Conditions and are bound by them. You consent to Zurich and its partners collection, use and disclosure of your personal information in accordance with their Privacy Policies. Click here to view Zurich’s privacy policy. Click here to view Loving Life terms and conditions. Click here to view Willed terms and conditions.