Guardian Life Cover

Information verified correct on September 27th, 2016

Receive up to $1.5 million in Life Cover with Guardian

Guardian life insurance provides a benefit in lump sum payment to your family when you die due to an Accidental Death or of natural causes, or if you have been diagnosed with a terminal illness. You can choose a benefit amount from $100,000 to $1.5 million. If your death is not as the result of a self-inflicted injury, Guardian life insurance can provide an advance payment of $15,000 to help with the costs incurred from a funeral arrangement or other similar expenses, without having to wait for the claim to be approved.

Applying for Guardian life insurance is made simple over the phone - all Australian residents between 18 and 64 years old are eligible to apply, and you don’t have to go through a medical or blood test.

Our team of representatives that handle our enquiry referrals are not currently able to provide quotes for this provider. You may like to review our list of primary providers.

Key Features and Benefits of Guardian Life Insurance Plan

There are many benefits that Guardian life insurance policy can offer you and your family. Aside from providing you with a peace of mind and high quality coverage with minimal fuss, Guardian life insurance provides built-in features such as:

  • 30 day money back guarantee - Guardian insurance offers a cooling-of period of 30 days from the commencement date of your policy. If you have changed your mind or unhappy with your policy, you can cancel the policy within this period.
  • Automatic increases of the sum insured - Your Guardian life insurance policy benefit will be automatically increased annually on each policy anniversary by 5%. This is to ensure your level of coverage is aligned with the cost of living.
  • Flexibility to change your insurance coverage - You can change your life insurance coverage at any time in writing if the current coverage no longer suits your personal situation. You can either:
    • Increase your coverage
    • Decrease your coverage
    • Change your plan for a Single Plan to a Joint Plan (or vice versa)
    • Change your status from a smoker to a non-smoker (a completed declaration form will be required)

Additional Options Offered through Guardian Life Cover

You have the flexibility to tailor your life insurance plan with Guardian insurance to suit your needs and situations. There are a number of different benefits and additional options to include in your Guardian life policy, such as:

    • Children's Insurance Option - Guardian insurance provides a benefit payment, from $20,000 up to a maximum of $50,000 in the event of an Accidental Death of your insured child, or due to medical conditions such as:
      • Paralysis
      • Blindness
      • Deafness
      • Total and permanent loss of use of two limbs
      • Encephalitis
      • Meningitis
      • Major head trauma

      You can apply for this insurance option for your child if he/she is between the age of 2 to 17 years old and is an Australian resident.

    • Serious Illness Insurance Option - This additional feature can provide the policyholder with a benefit in the event of a:
      • Heart attack
      • Malignant cancer
      • Stroke
      • Coronary artery bypass surgery

You have the option to apply for a Serious Illness Benefit benefit amount from $50,000 up to the lesser of $500,000 or 50% of the life insurance amount for the person insured under your policy.

  • Total and Permanent Disability Insurance Option - This option can provide you with an additional protection a lump sum payment in the event of a total and permanent disability. You can apply for a benefit amount between $50,000 up to a maximum of $1,000,000 (maximum amount is subject age at the time of application).
  • Accidental Death Insurance Option - A benefit is payable to the policyholder with this additional option in the event of an Accidental Death. You can apply for a benefit amount with a minimum of $50,000 up to a maximum of $1,000,000.

How to Claim on a Guardian Life Insurance Policy

When it comes time to claim on a life insurance policy, it is because you or your family have experienced a traumatic life event. Therefore, you want the claims process to be as quick and easy as possible, to avoid adding stress to this already difficult time, and to ensure that the benefit is paid as promptly as possible so it can be put to use where it’s needed.

To claim on a Guardian life insurance:

  • A beneficiary or family member needs to call or email Guardian to advise that a claim is about to be lodged. This allows Guardian to provide them with a claims booklet.
  • Your family member then needs to complete and/or provide the following documents:
    • The claims booklet.
    • A certified copy of the evidence of death, such as a death certificate or coroner’s report.
    • A certified proof of identity, showing the claimant’s age, such as their birth certificate or driver’s license.
    • A certified copy of your proof of identity such as your passport, driver’s license or Medicare card.
    • A certified copy of proof of the relationship between the claimant and the policy holder such as marriage certificate or Medicare card.
    • The original policy document and policy schedule for the insurance. If these can’t be found, a statutory declaration form will need to be provided.
    • If the benefit is to be paid directly into a bank account, provide a direct credit authority.

Life insurance is an important part of looking after your family, so to make sure you have prepared for every eventuality where you may not be able to physically provide for your family, compare the Guardian insurance products and options, to tailor a package which protects all of your family’s interests.

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