Seniors Life Insurance

At Australian Seniors, we believe that life is your masterpiece. Like everything valuable, it’s worth protecting. That’s why Seniors Term Life Insurance lets you take out life insurance up to the age of 79, so it’s almost never too late to look out for the things you’ve worked hard for.  

You can choose up to $100,000 in cover, to protect you and your family for the next 20 years of your life (or until you turn 85 – whichever comes first). The money can go towards whatever you or your family may need, such as medical and living expenses, or even sudden funeral costs.  

Plus, you don’t need to have any uncomfortable medicals or blood tests to get approved. All you need to do is answer eight questions about your medical history and then decide on a cover amount that works for you and your loved ones. It’s that easy, so get started today.

DARE magazine

As a valued Australian Seniors customer, when you take out Seniors Life Insurance, you’ll receive ongoing complimentary issues of DARE magazine. Learn more and view the applicable T&Cs.

Life Insurance Code of Practice

Life Insurance Code of Practice

We proudly comply with the Life Insurance Code of Practice, so you can be sure you’ll receive the highest standard of service with the Australian Seniors team.

Benefits of choosing Seniors Term Life Insurance

A flexible cover amount that suits you – choose how much you or your family will receive if you pass away or become terminally ill. You can set a benefit amount from $10,000 up to $100,000.

Cover for when you need it most. We know that the older you get, the more you have to protect. That’s why our cover is designed for people aged 45 to 79, protecting you and your family for the next 20 years or until you turn 85 – whichever comes first.

Immediate cover. Once your policy is set up, you’ll be covered straight away for death by any cause, and for terminal illness (excluding suicide for the first 13 months).

20% advance payout to cover funeral costs. When your family makes a claim, we’ll give them 20% of the benefit amount in advance, so they won’t have to worry about the cost of your funeral or other immediate expenses.

Triple payout for Accidental Death. Your family’s benefit amount will be tripled if you pass away from an accident, helping with any last-minute expenses they might face.

Easy to apply with no medicals. Simply answer eight questions about your medical history over the phone. Once approved, you can get covered in minutes.

We’ll keep your premiums manageable. Unlike some life insurance policies, your annual premium increase won’t be based on your age which will help with budgeting later in life. Plus, we offer lower starting premiums for non-smokers.

Your own Australia-based personal claims specialist. If you or your family need to make a claim, we’ll assign one of our local claims specialists to look after everything. No need to explain things to multiple people.

See more benefits

Trusted cover for when you need it most

Award-winning insurance

Reader's Digest 2020 Highly Commended Trusted Brand Award logo

Trusted Brand Award

Highly Commended Brand in the funeral insurance category, Reader’s Digest Trusted Brands Award 2020, 2018, 2016 and 2015.

ProductReview.com.au 2020 Awards logo

ProductReview.com.au Awards

ProductReview.com.au 2020 annual awards winner in the Car, Funeral, Home & Contents, Pet, and Travel Insurance categories.

Feefo Gold Trusted Service Award 2019 logo

Gold Trusted Service Award 2019

Gold award for Trusted Service, as voted by Australian consumers on Feefo 2019, 2018 and 2017.

Essential Life Insurance information


Life insurance is a lump-sum payment that you or your family receive if you pass away or become terminally ill. It’s one way of making sure that your loved ones won’t have to worry about financial troubles when you’re gone.

As we get older, our insurance needs change too. That means it’s important to know about the different types of life insurance products available and which one works best for your situation.

Term life insurance is different to traditional (whole) life insurance. Find out what the differences are and how term life insurance can help at your life stage.

Life insurance pays out a lump-sum benefit to your family when you pass away or become terminally ill. The process usually starts by getting approved by an insurer and then setting your benefit amount.

Here is a brief overview of what you should consider at each age bracket when setting a suitable benefit amount.

There is no set price for life insurance as each policy is tailored by you to your specific needs and circumstances. Learn how your premiums are calculated.

Life insurance can benefit you and your family when the unexpected happens by acting as a financial buffer for any immediate bills if you were to pass away or suffer from a terminal illness, which can be of growing concern for all of us as we get older.

Here’s a brief overview of the tax implications you should consider around life insurance and other related products, especially as you get older.

Life insurance covers death by any cause (although suicide is usually excluded for a set period of time) or if you were to suffer a terminal illness where the doctor advises that you have 12 months or less to live.

The process of buying insurance will be different depending on whether you choose to do it yourself or go through a broker or advisor. Here are some things to keep in mind about each method.

Life insurance in Australia can be split into three main categories. This will help you understand what is meant by each and which type of policy may be right for you.

Why Australian Seniors

You and your family need insurance that delivers real value. With Australian Seniors, you get just that and more. 

Peace of mind

Enjoy the confidence of knowing that your policy is backed by world-leading underwriters.

Award-winning insurance

We’ve got years of experience, helping you to protect your family and assets with award-winning products and award-winning service.

Dedicated to seniors

We believe insurance should meet your needs, not someone else’s. That’s why we focus on providing the best possible cover for Australians over 50.

Backed by experience

We’ve been doing what we love for years, just like you. Put yourself in good hands with Australian Seniors.

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Everything you need to know about life insurance

Life Insurance Frequently Asked Questions

What does life insurance cover?

Life insurance generally covers you for death or a terminal illness. Some policies may also cover other events such as disabilities or serious illnesses, but these are usually added as optional extras.

How do I get life insurance?

It’s very easy to apply for Seniors Term Life Insurance. All you need to do is answer eight questions about your health and medical history, tell us how much you want to be covered for, and we’ll do the rest. Get started today.

Does term life insurance cover accidental death?

Yes, Seniors Term Life Insurance covers you for death caused by accidents. In this case, your family’s payout will be tripled (up to a maximum of $300,000).

Do life insurance policies cover funeral costs?

There are no restrictions on how you or your family can use a life insurance payout, so the money can go towards a funeral, estate legal fees, ongoing living costs, and more. With Seniors Term Life Insurance, your family will get 20% of the benefit amount in advance when a claim is made, so they can cover immediate funeral expenses while the rest of the claim is being assessed.

Does life insurance require a blood test?

No, you don’t need to have any blood tests or medical exams to apply for Seniors Term Life Insurance.

We're here for you

To find out more about Seniors Life Insurance, call us now on 1300 050 510 from Monday to Friday, 8am to 8pm or 9am to 2pm on Saturdays. You can also request a call-back at a time that suits you