Life insurance interim cover

Life Insurance Interim Cover

What is life insurance interim cover?

In order to address the problem of drawn out application processes, life insurance providers have introduced some modifications to their policy features to make the application process more streamlined and client-friendly.

One of these features is called interim cover, which is also known as limited acceptance cover. This insures you temporarily while your application is still being underwritten or waiting to be approved, removing any gap where you otherwise would of been without cover.

Contact an adviser to compare quotes for life insurance with interim cover

How does interim cover and life insurance work?

As its name suggests, interim cover is a stop-gap feature of a policy that insures you while you are applying for life insurance. Not all policies will offer interim cover, so make sure you study the product disclosure statement (PDS) carefully or contact your provider directly to confirm this feature is available.

Typically interim cover will insure you for 90 days, which is usually more than sufficient to complete the underwriting process, and will cease when any of the following occurs:

  • The provider approves your policy application.
  • The provider rejects your policy application.
  • If you do not accept the policy terms by the required date.
  • If you voluntarily drop out of the application process.
  • Once you reach the 90th day of your interim cover period.

You should also be aware that the 90 day period is rarely, if ever, extended by life insurers, even if the underwriting process extends beyond that time frame.

What are the benefits of interim cover?

  • Instant cover. You are insured from the moment you apply for your policy, which means there isn't a period of limbo when you are without any cover.
  • Pre-existing conditions. Interim cover can be especially useful for people with pre-exisiting medical conditions, as their underwriting process can take a significantly longer amount of time.

When will interim cover not be applied?

You will not be eligible for interim cover under the following circumstances:

  • If you have had previous life insurance policy applications rejected, deferred or postponed by either the provider you are applying to or by other providers.
  • If you are currently maintaining a similar life insurance policy with either the provider you are applying to or with a different provider.
  • If you currently have a seperate application pending for a policy that provides a similar level of cover (including interim cover), with either the same provider or another provider.
  • If you have submitted your life insurance policy application to the provider with incomplete or missing details.

Recieve a quote for life insurance from an adviser

Please enter your full name
Please enter a valid email address
It's important to give us a valid phone number
Date of Birth
Coverage is the amount of money that you will be paid in the event of a claim. An insurance consultant can help you determine an appropriate amount. Calculator
Provides a lump sum payment if you become totally and permanently disabled and are unable to return to work.
Provides a lump sum payment if you suffer a serious medical condition. Cover can be taken out for 40-60 medical conditions depending on the policy you choose.
By submitting this form, you agree to the privacy policy
Compare Quotes

Compare life insurance quotes from these direct brands

Details Features
Life Insurance
Life Insurance
Choice of cover options and flexible premiums to suit budget. No lock-in contracts and fast application.
  • Benefit payment of up to $1,500,000
  • Cover for applicants up to age of 65
  • 30 day cooling-off period
Go to site More info
Term Life Insurance
Term Life Insurance
Receive up to $1,500,000 in life cover and pay nothing for the first month. 10% Multi-life discount available.
  • Lump sum cover from $50,000 - $1,500,000
  • $15,000 Cash advance benefit
  • 10% Multi-life discount
Go to site More info
Term Life Insurance
Term Life Insurance
Save 25% on NobleOak life insurance and pay no premium for your first month.
  • Benefit of up to $1,500,000
  • Available for applicants up to 69 years old
  • 21 day cooling off period
Go to site More info
Picture: Shutterstock

Richard Laycock

Richard is the senior insurance writer at and is on a mission to make insurance easier to understand.

Was this content helpful to you? No  Yes

Related Posts

Ask a Question

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the privacy policy, receive follow up emails related to and to create a user account where further replies to your questions will be sent.

Ask a question