Real Life Insurance

Real Life Insurance

Read through the Real Life Insurance review and find out if this cover is suitable for you.

Real Insurance offers a range of innovative and tailorable insurance options for Australian families and individuals. Real’s insurance products extend beyond life insurance and its products include:

  • Real Car Insurance
  • Real Home Insurance
  • Real Pet Insurance
  • Real Travel Insurance
  • Real Funeral Insurance

Get the latest deal from Real Life Insurance

Get 10% off Real Life Insurance with Real Reward After 12 months, receive back 10% of the premiums you've paid with the Real Reward™.

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Get $100 bonus gift card with Real income protection Take out cover today and you could get a bonus $100 gift card.

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Get an online quote for Real Life Insurance

Name Product Maximum cover Maximum Entry Age Minimum Sum Insured Guaranteed Future Insurability Expiry Age Short Description
No expiry age as long as premiums are paid
Get a refund of 10% of the premiums you've paid (in the first 12 months) with The Real Reward™ .

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Name Product Short Description Maximum Monthly Benefit Maximum % of Income Covered Maximum Benefit Period Waiting Period
Cover up to 75% of your monthly income if you can’t work due to illness or injury, up to a maximum of $10,000 a month. Take out cover today and you could get a bonus $100 Gift Card.
5 years
30 or 90 days

Compare up to 4 providers

Name Product Maximum cover Maximum Entry Age Minimum Sum Insured Guaranteed Future Insurability Expiry Age Short Description
Receive up to $15,000 in funeral cover. Premiums reduce by 5% every 5 years you hold your Policy.

Compare up to 4 providers

About Real

Despite being only relatively new to the Australian insurance market, Real Life Insurance has quickly emerged as one of the key industry players through their impressive product suite. Real’s experienced team are dedicated to providing real customer service, and products that are easy to understand and manage.

Real insurance is a branch of the Hanover Group – one of the world’s leading insurance group. Customer service is a priority at Real Life Insurance as happy customers will remain loyal to the company and help it succeed.

Has Real received any awards in Australia?

Over the past few years, Real Insurance products have received numerous awards, for example:

  • Real Insurance was awarded Money magazine's Best of the Best 2013 Award for Cheapest Car Insurance for our Comprehensive cover.

Why go with Real Life Insurance?

Real Insurance products are issued by Hannover Life Re of Australasia Ltd ABN 37 062 395 484, a wholly-owned subsidiary of Hannover Re and is part of the Hannover Re Group worldwide. Hannover Re is one of the largest life reinsurers in the world, and has a Standard and Poor’s Insurer Financial Strength of AA (Very Strong), and has maintained this rating for a number of years.

What types of life insurance are offered by Real?

Real Family Life Insurance offers up to a $1 million benefit to cover death and terminal illness.

Maximum benefit amount (at Commencement Date)

Current AgeBenefit Amount
18 - 44$1,000,000
45 - 54$750,000
55 - 59$500,000
60 - 64$300,000

Conditions apply, make sure you read the product disclosure statement (PDS) before applying. Information last checked as correct in November 2017 and is subject to change at anytime.

Additional options available

Real Family Life Cover offers a range of insurance combinations to suit what you require. Under the umbrella life cover term falls various other additional insurance options including:

  • Children Insurance. Pays a lump sum benefit if the insured child experiences Accidental death, Paralysis, Blindness, Deafness, Total and Permanent loss of use of two limbs, Encephalitis, Meningitis or Major Head Trauma.
  • Serious Illness Insurance. Pays a lump sum benefit of $50,000 up to the lesser of $500,000 or 50% of the Life Insurance Benefit if the insured person experiences a serious illness as described in the insurance policy. Serious illness conditions include Heart Attack, Malignant Cancer, Stroke or Coronary Artery Bypass.
  • Total and Permanent Disability Insurance. Pays a minimum lump sum benefit of $50,000 to a maximum of $1 million if the insured person becomes Totally and Permanently disabled. Total and Permanent Disablement of the Insured person is classified by Real Insurance as:
    • Loss of limbs or sight
    • Unable to work
    • Loss of independent existence
  • Accidental Death Insurance: A lump sum benefit is paid in the event of death as a result of an accident. A benefit amount of $50,000 up to $500,000 may be paid in addition to the Life insurance benefit payment.

Real Income Protection Cover offers a number of insurance combinations that you can tailor to your needs. The basic Income Protection Cover includes Income Protection insurance, which provides a monthly benefit payment if you suffer from a loss of income due to illness or injury, of up to 75% of your monthly income to a maximum of $10,000 per month. In addition to the monthly Income benefit, there are inbuilt features such as:

  • Premium Waiver Benefit: You are not required to pay your premium while under claim for income protection benefit.
  • Recurrent Disability Benefit: If the same illness recurs within six months of your last benefit payment, it will be treated as a continuation of your previous claim, and the usual Waiting Period will be waived.

Additional benefits available

A range of optional benefits are also available for you to consider taking out along with your Income Protection Cover, such as:

  • Rehabilitation benefits: This pays you an additional income benefit on top of your monthly income benefit and is designed to assist you with rehabilitation program costs, such as if you would like to purchase special equipment to assist you with re-entering the workforce or office and home modification.
  • Homemaker Insurance: This insurance covers if you are unable to engage in normal domestic duties for at least six consecutive months.
  • Final Expenses Insurance: If the insured person passes away, a lump sum payment of up to $10,000 could be paid to beneficiaries to assist with final expenses related to the death.
  • Children’s Insurance: A lump-sum payment is paid if the insured child experiences Accidental death, Paralysis, Blindness, Deafness, Total and Permanent loss of use of two limbs, Encephalitis, Meningitis or Major Head Trauma.

Other standalone products available from Real

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Key Benefits and Features of Real Insurance Policies

No matter which combinations you choose to complement your Real insurance policy, these features will be built-in at no extra cost.

  • 30 day money back guarantee: Real Life Insurance allows 30 days from the commencement of your insurance policy to make sure you are happy with your policy. You are able to have your policy cancelled and any premiums refunded if you change your mind.
  • Automatic sum insured increases: To keep up with the rate of inflation, your insurance coverage and all optional benefits are automatically increased every year by 5%, even if the maximum amount of coverage is reached.
  • Further insurance options: Real Life Insurance may offer existing customers the option of incorporating further Insurance benefits in the policy if required.
  • Premiums: Premium are subject to change. However, changes must be applied across all policy owners. At least 90 days notice will be given for any premium change.
  • Payment flexibility: Your premium will be debited on the date of your choice, either fortnightly, monthly or annually. You can pay by automatic debit from your bank, credit union or building society account or by charge to your credit card. You may also change your method of payment at anytime.
  • Claim flexibility and simplicity: You will be able to take advantage of Real Insurance’s worldwide, 24 hour a day, 7 days a week coverage. Claims can be made through mail or telephone.
  • The Real RewardTM Cash Back: Once you have held your Policy for more than 12 months, you will be refunded 10% of the premiums you have paid in the first year

How do I get Real Life Insurance quotes online?

To receive a Real Life Insurance quote, simply follow one of the secure links located in the table above. After submitting your details securely online via the enquiry form, a Real Life Insurance Consultant will contact you to discuss your enquiry and how much you can expect to pay for cover based on the details that you have provided. This will be a preliminary quote and may be subject to change depending on the applicants situation i.e. any medical conditions. After reviewing the cover and premiums you can expect to pay, you can kick off your insurance application. Some applicants may be required to submit further medical underwriting if they have pre-existing conditions.

Details that Real Life Insurance requires to provide you with a preliminary quote include:

  • Date of birth
  • Gender
  • Smoker status
  • Level of cover
  • First name
  • Last name
  • Phone

Get a quote for Real Life Insurance

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