Australian Seniors Life Insurance

Find insurance tailored to your situation with Australian Seniors

Life Insurance offers essential financial protection for your loved ones when disaster strikes, ensuring that they can cope with the financial burden if you suffer an accidental injury or pass away. Without the need to worry about money, your family can simply focus on their own emotional needs.

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Australian Seniors Insurance Agency has been looking after the insurance needs of older Australians since 1998. It offers a range of insurance products that have been specifically designed for the mature market, including home insurance, car insurance and travel insurance. Australian Seniors Insurance Agency also provides two life insurance products: Accident Insurance and Final Expenses Insurance.

What types of insurance are offered by Australian Seniors?

Australian Seniors Insurance Agency offers two life insurance products to mature Australians: Final Expenses Insurance and Accident Insurance.

Australian Seniors Final Expenses Insurance

Very few Australians realise just how expensive it can be to organise a funeral. From the cost of a casket to the expense of burial and arranging a memorial service, the expenses can add up very quickly. For a family shocked by the sudden death of a loved one, this unexpected expense can place an enormous strain on the family budget. As the name suggests, this type of cover is designed to help your family pay for funeral costs when you pass away. Under this policy, you select a benefit amount of up to $15,000 if you die of natural causes, or up to $45,000 if you pass away as the result of an accident. When you die, this benefit is paid to your family to help them cover funeral expenses, pay outstanding bills and manage any other unexpected expenses which may arise. The benefit is paid after 12 months if you die of natural causes, while it is paid from day one if you pass away as the result of an accident. This type of cover is all about peace of mind for you and your family, and gives you the security of knowing that you won’t be placing any financial burden on your loved ones should tragedy strike. Australian Seniors Insurance Agency Final Expenses Insurance is available for Australian residents aged between 18 and 79 years. Once you have taken out cover, you can then keep it in place for life.

Accident Insurance

Accidental injuries can wreak havoc on your lifestyle and your financial position. If you suffer a serious injury, you may not be able to earn your regular income, you may have to cover expensive medical and rehabilitation costs, plus you may have to modify your home and car to suit your changed circumstances. To help in these circumstances, Australian Seniors Insurance Agency offers three Accident Insurance policies designed to meet the different needs of customers: Seniors Accident Cash Plan, Seniors Prestige Protection and Seniors Security Cash Plan. The Seniors Accident Cash Plan is designed to offer financial support to help you maintain your independence. Its features include a $75,000 Serious Accident benefit if you suffer one of several serious injuries (loss of a limb, loss of eyesight, loss of speech, loss of hearing, paraplegia, quadriplegia), plus a $15,000 Broken Bones benefit. Other features include a Dislocation benefit, Home Assistance benefit, Extra Cash benefit and Emergency Transport benefit. There are no medical tests or questionnaires when you apply, and the cost of your premiums is not linked to your age. Seniors Prestige Protection provides varying lump sum cash benefits for a variety of specified accidental injuries such as fractures, dislocations and burns. You can also take advantage of weekly cash benefits to help with your recovery and rehabilitation, while funeral expenses protection is included as well. The cost of your monthly premiums depends on which of the five levels of cover you choose. The Seniors Security Cash Plan is designed to offer support when you die as the result of an accidental injury. In such cases, a lump sum benefit of up to $500,000 will be paid to your estate. This can help your family cope with ongoing expenses like mortgage repayments, credit cards and grocery bills. Cover starts from 24 cents a day and there are no medical forms or tests to complete.

Who is Australian Seniors Insurance Agency?

Established in 1998, Australian Seniors Insurance Agency aims to meet the cover needs of mature Australians. The company’s principals have more than 27 years of experience in providing quality insurance products for senior citizens, with a focus on innovation and customer satisfaction. People aged over 50 face different risks and have different needs to younger Australians, so Australian Seniors Insurance Agency offers policies designed to suit the mature population. As well as the life insurance products detailed above, Australian Seniors Insurance Agency offers home, car and travel insurance. Its Home & Contents Insurance is available in two forms: Essential Cover and Top Cover. If risks like theft, fire or storm interfere with your home or contents, these policies are designed to provide the cover you need. If you’re looking to insure your vehicle, Australian Seniors Insurance Agency offers Comprehensive Car Insurance, Build Your Own Car Insurance, Pay as You Drive Car Insurance and Third Party Property Car Insurance. This allows you to choose or tailor a policy that meets your specific needs. Finally, the agency offers a Travel Insurance policy to suit the needs of both domestic and international travellers. Customers can choose from single- or multi –trip policies, while all travel insurance plans are underwritten by ACE Insurance.


Who is Australian Seniors Insurance Backed By?

The policies offered by Australian Seniors Insurance Agency are underwritten by ACE Insurance. This company is part of the ACE Group of Companies, a global insurance and reinsurance leader. This multinational group has subsidiaries in more than 50 countries and has a strong commitment to providing quality insurance products. As a respected worldwide insurer, ACE is also backed by global financial strength.


Australian Seniors Insurance General Conditions

As with any insurance policy, there are a number of general conditions that apply to the plans offered by Australian Seniors Insurance Agency. These include:

  • Your policy will begin on either the commencement date or the renewal date, whichever occurs later, and continues for one calendar year.
  • You can renew your policy for further consecutive yearly periods by paying the premium. The act of paying your premium is deemed to be an acceptance of an offer to renew your cover for another year. The same terms and conditions will apply to your policy unless you make changes or you are otherwise notified.
  • Your policy expires at the end of the period of insurance and Australian Seniors Insurance Agency may decide not to renew your cover.
  • Your premiums are generally not tax deductible and any benefits you receive are typically not assessable income for tax purposes.
  • You must be an Australian resident to qualify for cover, while your individual policy is governed by the laws of the state or territory in which you reside.
  • All payments between you and your insurer must be made in Australian currency.

How do I Make a Claim with Australian Seniors Insurance Agency?

It’s important that you notify Australian Seniors Insurance Agency as soon as possible after an occurrence or event which may lead to a claim. You’ll then have to obtain a claim form from the insurer and fill it out with all the relevant details. You’ll also need to attach:

  • Receipts for any expenses which are being claimed.
  • Any reports from the police or other relevant authorities (for example an airline) about loss, theft or damage.
  • Any other documentary evidence which Australian Seniors Insurance Agency requests.

You’ll need to submit your completed claim form and accompanying documents within 30 days of the event which gives rise to your claim, or as soon as reasonably practical. You may also need to provide medical or other certificates at your own expense to help support your claim. Australian Seniors Insurance Agency aims to process claims as promptly and efficiently as possible.

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