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RACQ life insurance pays up to $1 million to your nominated beneficiary if you should pass away. This means that your loved ones are able to continue paying the mortgage and bills after you're gone. You can also add total and permanent disability or trauma insurance so you will be covered if you become too sick or ill to work.
Maximum cover amount |
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Age of entry | 18 to 65 (based on life insurance cover) |
How do I apply? | With the insurer directly. |
Pros | Cons |
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Policy features include:
RACQ is a for-members insurer that’s focused on Queensland but available nationwide. Its primary focus was and still is car insurance, as well as a comprehensive roadside assistance network, but members can also enjoy other forms of cover, including life insurance.
With the experience of a major insurer, coupled with the community-focused approach it began life with, RACQ’s reputability and member’s-first ethos might make it a natural for those looking at life cover.
A range of loyalty bonuses and other rewards programs can help you get more out of RACQ life insurance.
Plan | Entry age* |
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Life cover | Between 18 and 65 |
TPD cover | Between 18 and 59 |
Trauma cover | Between 18 and 59 |
You can pay premiums fortnightly, monthly or annually, with direct debit or credit card.
Your premiums are based on factors including:
When you include TPD insurance your premiums are also affected by:
Typically your premiums will increase each policy anniversary based on your current age, inflation and other factors.
To make a claim you should inform RACQ as soon as reasonably possible after an insured event.
Call 1800 722 777 or email claims@lifeinsurance.racq.com.au to receive a claims form, and then mail it, completed, to the RACQ claims team.
You will need to include evidence to support your claim, which depends on the type of claim. The additional documentation required may include:
Generally all of the costs are built into the premium, including charges such as the policy fee and government stamp duty.
Possible costs that won’t be included in the premiums are those from other service providers. For example, your bank might charge a fee when you make payments to RACQ, and you are likely to incur expenses while getting the necessary documentation for a claim.
You cannot make a claim for loss resulting from:
For children’s trauma cover specifically, you cannot make claims within the first 90 days, for congenital conditions or for pre-existing health conditions.
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