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Life Cover provides a lumps sum payment if you die or are diagnosed with a terminal illness, supporting your loved ones by covering living expenses and existing debts.

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TPD (Total and Permanent Disability) Insurance provides a lump sum payment if you suffer total and permanent disability and can't work again. 

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Crisis Illness provides a lump sum payment if diagnosed with a non-surgical critical condition or have a surgical procedure for a surgical critical condition. 

  • Critical Illness Standard ​

  • Critical Illness Plus 

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Income Protection to replace part of your income if you can't work due to sickness or injury

  • Income Assure

  • Income Assure+

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Business Expenses cover to insure certain business expenses if you can't work due to sickness or injury. 

  • Business Expenses​

  • Business Expenses Platinum Option

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MLC -Wellness & Recovery with Vivo

Vivo is an award-winning program available to MLC Life Insurance customers at no extra cost. It provides a broad range of support options to help you achieve your health, wellness, and recovery goals.

Vivo Incentive offers a lifetime discount of 7.5% on insurance premiums. Vivo Incentive applies to those customers applying for new lump sum cover when their Body Mass Index (BMI) is between 18.5 and 28.5 (inclusive).

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This website is published by Covermate Life Pty Ltd. Covermate Life Pty Ltd 1311570 are authorised representatives of Wealth Today Pty Ltd (ABN 62 133 393 263), AFSL 340289. The information contained in this website and any of the resources available through it has been prepared for general information purposes only and is not (and cannot be construed or relied upon as) personal advice. No investment objectives, financial circumstances or needs of any individual have been taken into consideration in the preparation of the Content. Financial products entail risk of loss, may rise and fall, and are impacted by a range of market and economic factors, and you should always obtain professional advice to ensure trading or investing in such products is suitable for your circumstances. 

Under no circumstances will any of Covermate Life Pty Ltd, Wealth Today Pty Ltd, its officers, representatives, associates or agents be liable for any loss or damage, whether direct, incidental or consequential, caused by reliance on or use of the Content. This Content is restricted to Australian residents and is for the intended recipient only. From time to time, Covermate Life Pty Ltd representatives or associates may hold interests in or transact in companies or products mentioned herein, and may receive fees or other benefits, in connection with the making of any recommendation or facilitating a transaction in such companies or products. 

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