Virgin Life Insurance
Life Insurance the Virgin way
Contact us
Call 1300 814 990
8am-8pm AEST,
Mon-Fri
Cover calculator
Unsure how much life insurance you need? Use our cover calculator to get you started.
Calculate your Life Insurance cover
Step 2 of 3: Your monthly expenses
| Total monthly expenses | $0 |
| Total yearly expenses | $0 |
| Approx value of future yearly expenses |
$0 |
Step 3 of 3: Cover
| Total debt and expenses to be covered |
$0 |
The information that we have given is general advice only and does not take into account your personal financial situation, needs or objectives. Please consider the Product Disclosure Statement before deciding whether to buy this product.
Virgin Life Insurance
Welcome to life insurance, the Virgin way.
Whatever your life insurance needs, we'll get you covered quickly with minimum fuss.
Benefits
Why get cover?
Why Virgin?
How to apply
Guaranteed cover in minutes^
Simple on-the-spot cover in just a few minutes for all Australian residents
aged 18-65. No health or lifestyle questions asked.
Tailor my cover
Choose to answer some health and lifestyle questions that could reduce your premiums.
Cheaper than you think
Affordable life cover options starting from as low as $2.31 a week*.
Discounts include one month free when you pay annually over the phone.
You’re in control
A flexible range of premium options to suit your budget and where you’re at in life. With Virgin Life Insurance, you’re in control.
Can change as your needs change
You can adjust your level of cover, add a partner and beneficiaries, change payment options and much more.
- $10,000 fast-cash payout on approval of a claim, to help your loved ones with legal and other expenses
- 30 day money back guarantee so you can be sure of your decision
- Access to all the great Virgin family offers at My Virgin Money
^ Acceptance is guaranteed for Australian Residents aged 18-65. Exclusions apply for suicide, pre-existing medical conditions, criminal activities, dangerous occupations and pastimes. Find out more.
* For example, $100,000 cover for a female non-smoker, aged 18-39, on standard Tailored option premium rates would cost $2.31 a week.
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
Life insurance can be complex and time consuming, and for some people it can be hard to get covered at all.
Well, Virgin Money has changed things. It’s time to get Australia feeling good about protecting the people they love. That’s why we’re introducing guaranteed* on-the-spot life insurance for all Australian residents between the ages of 18-65. With Virgin Life Insurance, we’ll get you covered quickly with minimum fuss.
And of course there are other things we offer our customers, like:
- Guaranteed cover, on-the-spot
- The chance to pay less when you answer a few extra health questions
- Cover starting from as low as $2.31 a week#
- Flexible payment options
- Cover you can change as your needs change
It’s the little things that make Virgin Life Insurance an important choice for so many Australians. But, we’ll let you be the judge of that, which is why you’ll receive a 30-day Money Back Guarantee when you take out cover.
* Acceptance is guaranteed for Australian Residents aged 18-65. Exclusions apply for suicide, pre-existing medical conditions, criminal activities, dangerous occupations and pastimes. Find out more.
# For example, $100,000 cover for a female non-smoker, aged 18-39, on standard Tailored option premium rates would cost $2.31 a week
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 and you could reduce your premiums
- All Australian residents aged 18 to 65 are welcome
- No medicals, no blood tests, no lengthy forms to fill out
Plus there’s a 30-day Money Back Guarantee. If you’re unhappy, you can cancel within the first 30 days for a full refund of any premiums paid.
* Acceptance is guaranteed for Australian Residents aged 18-65. Exclusions apply for suicide, pre-existing medical conditions, criminal activities, dangerous occupations and pastimes. Find out more.
# For example, $100,000 cover for a female non-smoker, aged 18-39, on standard Tailored option premium rates would cost $2.31 a week.
