How can I apply for cover with Westpac?

To apply for Westpac life insurance, customers can get a quote and apply online, via TAL. Westpac's life insurance is underwritten by TAL Life Limited, and applications can be made through TAL's website or by calling TAL's customer service team. Customers can also apply for cover through a financial adviser. The application process typically involves providing personal and medical information and completing a health assessment.

Is Total permanent disability offered?

Yes, TAL offers Total Permanent Disablement (TPD) cover as part of its life insurance policy. The TPD cover pays a lump sum if the insured person becomes totally and permanently disabled, and meets the policy definition of TPD. The definition of TPD and the level of cover offered may vary depending on the specific Westpac life insurance product chosen. More information on TAL's TPD cover can be found on their website and in the relevant product disclosure statement.

Will my premium payments increase over time?

Premium payments for TAL life insurance policies can increase over time. However, TAL does offer the option of choosing a stepped premium, where the premium amount increases each year based on your age, or a level premium, where the premium amount stays the same for a set period.

What happens if I can't make my premium payments?

If you can't make your premium payments for TAL life insurance, your policy will lapse and you will no longer be covered. If you experience financial hardship, you can contact TAL to discuss your options, including temporary suspension of your policy or adjustments to your premiums. If you are unable to meet your premium payments due to illness or injury, you may be eligible to make a claim under the policy's premium waiver benefit.

How does interim accidental death cover work?

Interim accidental death cover is a temporary benefit that is automatically provided for 90 days while an application for full life insurance cover with Westpac is being assessed. This benefit provides a lump sum payment if the insured person dies as a result of an accident during the 90-day period. However, this cover does not apply if the insured person dies as a result of an illness or natural causes.

Westpac Life Insurance Review

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Westpac life insurance is not currently available via Finder. You can visit their website at www.westpac.com.au for more information or compare alternative options here.

Westpac life insurance: Our verdict

It comes with a loyalty benefit after you've held cover for 3 years.
It comes with a dedicated consultant – not all insurers do this.

It's guaranteed renewable, but so are many other life insurance policies we looked at.

Read a more detailed review on:

Westpac Life Insurance
Optional cover
Applying for cover

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Life Insurance

Key points of Westpac Life Insurance

Flexible death Benefit: A lump sum benefit will be paid to the beneficiaries when you pass away. You can select the cover amount you want.
Guaranteed renewable: as long as you pay your premiums. The sum insured also automatically increases annually in line with any CPI changes.
Loyalty beneﬁt: if you hold a policy for three or more years.
Worldwide cover: 24 hours a day
5% multi-policy discount: This applies if you're covered by more than one eligible BT Protection Plans policy.

Note: Be sure to check the Product Disclosure Statement (PDS) for terms and conditions.

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Optional cover

Key points of Westpac optional cover

When you take out a Life insurance policy, you also have the option to add on the following:

TPD (Total and permanent disability): Pays out if you become totally and permanently disabled.
Living Insurance: Pays out if you suffer from one of the covered medical events.
Income Protection: Provides a monthly benefit if you're unable to work due to sickness or injury.
Needlestick Benefit: Provides a lump sum if you acquire HIV, hepatitis B or hepatitis C whilst working as a medical professional.
Children's Benefit: This pays a lump sum if the insured child passes away or suffers from a specified medical event.

Note: Be sure to check the Product Disclosure Statement (PDS) for terms and conditions.

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Applying for cover

Eligibility requirements for Westpac cover

The maximum age you can apply for a policy depends on the type of premium structure you opt for. These are as follows:

Stepped premium, if you're aged 15 to 69.
Level premium to age 65, if you're aged 15 to 59.
Level premium to age 55, if you're aged 15 to 49.

You also must be an Australian citizen, permanent resident of Australia or the holder of an eligible spouse/partner or work visa. You must not be working in an ineligible occupation either.

Westpac life insurance pros and cons

Still wondering if Westpac is right for you? Here are the main pros and cons summarised:

Pros

It's a trusted and well known business.
You can get cover through your super if you want.
Wide range of cover types to cover your particular needs.

Cons

Premium rates can be changed by the insurer under certain circumstances.

How do I make a Westpac life insurance claim?

To make a Westpac life insurance claim, call 1300 551 431 Monday to Friday 8.00am to 6.30pm (Sydney time). It's important to contact them as soon as you can to get the process underway.

Compare life insurers in Australia

Finder Score	Maximum Cover	Funeral Benefit	Optional TPD Cover	Optional Trauma Cover
Finder score 9.9 Excellent TAL Accelerated Protection Life Insurance Finder Award	Finder score 9.9 Excellent	Maximum Cover No set limit	Funeral Benefit $25,000	Optional TPD Cover $3 million (maximum cover)	Optional Trauma Cover Yes	Discount: Get up to 15% off your TAL Life, TPD or Critical Illness policy with the TAL Health Sense Discount. Eligibility criteria apply. T&Cs apply.	Our verdict: One of Australia's leading life insurers. Automatically includes child critical illness cover. Plus, it comes with a level premium option (e.g. costs remain similar as you get older).	Get Quote View details Compare product selectionCompare	loading
Finder score 9 Excellent Medibank Life Insurance	Finder score 9 Excellent	Maximum Cover $2.5 million	Funeral Benefit $15,000	Optional TPD Cover $1.5 million (maximum cover)	Optional Trauma Cover Yes	Discount: Get 10% off when you purchase by 30 November 2026. T&Cs apply.	Get Quote View details Compare product selectionCompare	loading
Finder score 8.5 Great ahm Life Insurance	Finder score 8.5 Great	Maximum Cover $1.5 million	Funeral Benefit $15,000	Optional TPD Cover $1 million (maximum cover)	Optional Trauma Cover Yes	Discount: Get your first month free. Purchase by 30 Nov 2026. Plus, ahm health members save 10% each year. T&Cs apply.	Get Quote View details Compare product selectionCompare	loading
Finder score 9.5 Excellent NobleOak Life Insurance	Finder score 9.5 Excellent	Maximum Cover $25 million	Funeral Benefit $25,000	Optional TPD Cover $5 million (maximum cover)	Optional Trauma Cover Yes	Discount: Get 2 months free with NobleOak Life Insurance. Offer ends 30 Nov 2026. T&Cs apply.	Our verdict: Highly commended in the 2026 Finder Life Insurance Awards, offering up to $25 million in life cover, one of the highest payouts available.	Get Quote View details Compare product selectionCompare	loading
Finder score 7.5 Great AAMI Life Insurance Most Loved	Finder score 7.5 Great	Maximum Cover $1.5 million	Funeral Benefit $10,000	Optional TPD Cover	Optional Trauma Cover Yes	Discount: Get a $100 first year discount when you take out a new AAMI Life Insurance policy. T&Cs apply.	Our verdict: There’s flexibility with AAMI as you can add another adult to your cover, with a competitive limit of $1.5 million. Easy application process with no medical exams.	Get Quote View details Compare product selectionCompare	loading
Finder score 7 Great HCF Life Protect Insurance	Finder score 7 Great	Maximum Cover $1.5 million	Funeral Benefit $15,000	Optional TPD Cover	Optional Trauma Cover No	Discount: Get 6 weeks free with HCF Life Insurance. Offer ends 10 Nov 2026. T&Cs apply.	Our verdict: Similar cover to other insurers ($1.5 million). A good discount for HCF members of 10% and an easy initial quote process.	Get Quote View details Compare product selectionCompare	loading
Finder score Not scored yet Australian Seniors Life Insurance	Finder score Not scored yet	Maximum Cover $0.2 million	Funeral Benefit	Optional TPD Cover	Optional Trauma Cover No	Our verdict: Australian Seniors lets you take out cover up to the age of 79. No medical exams or blood tests needed to apply. Keep in mind: Low cover limit of up to $200,000 and no option to add TPD or Trauma cover.	Get Quote View details Compare product selectionCompare	loading
Finder score Not scored yet Real Life Insurance	Finder score Not scored yet	Maximum Cover $2 million	Funeral Benefit $20,000	Optional TPD Cover $1 million (maximum cover)	Optional Trauma Cover Yes	Discount: Get 10% cash back of the premiums you’ve paid after your first 12 months with the Real Reward™ . T&Cs apply. .	Our verdict: The application is simple; it can be done with 1 phone call and there are no medical exams.	Get Quote View details Compare product selectionCompare	loading

Finder Score - Life Insurance

Life Insurance is a little complicated and a lot overwhelming. That's why we made the Finder Score, to make it easier to compare Life Insurance products against each other. Our experts analysed over 30 products and gave each one a score out of 10.

But a higher score doesn't always mean a product is better for you. Your situation is unique, so your policy choice will be too. Don't think of Finder Score as the final word, but as a good place to start your life insurance comparison.

Read the full methodology

Why compare insurance with Finder?

You pay the same price as buying directly from the insurer.
We're not owned by an insurer (unlike other comparison sites).
We've done 100+ hours of policy research to help you understand what you're comparing.

Or speak to a specialist to help you find the right policy

Frequently asked questions

To apply for Westpac life insurance, customers can get a quote and apply online, via TAL. Westpac's life insurance is underwritten by TAL Life Limited, and applications can be made through TAL's website or by calling TAL's customer service team. Customers can also apply for cover through a financial adviser. The application process typically involves providing personal and medical information and completing a health assessment.
Yes, TAL offers Total Permanent Disablement (TPD) cover as part of its life insurance policy. The TPD cover pays a lump sum if the insured person becomes totally and permanently disabled, and meets the policy definition of TPD. The definition of TPD and the level of cover offered may vary depending on the specific Westpac life insurance product chosen. More information on TAL's TPD cover can be found on their website and in the relevant product disclosure statement.
If you can't make your premium payments for TAL life insurance, your policy will lapse and you will no longer be covered. If you experience financial hardship, you can contact TAL to discuss your options, including temporary suspension of your policy or adjustments to your premiums. If you are unable to meet your premium payments due to illness or injury, you may be eligible to make a claim under the policy's premium waiver benefit.
Interim accidental death cover is a temporary benefit that is automatically provided for 90 days while an application for full life insurance cover with Westpac is being assessed. This benefit provides a lump sum payment if the insured person dies as a result of an accident during the 90-day period. However, this cover does not apply if the insured person dies as a result of an illness or natural causes.

Important note. These FAQs were generated by ChatGPT. A real-life human at Finder – James Martin, editor for insurance – reviewed the responses before publication.

Finder writers are subject matter experts and use primary sources, in-depth research and interviews with other experts to ensure you're getting accurate, up-to-date information. Articles are fact checked in line with our editorial guidelines.

Thank you for your feedback!

Written by

Gary Ross Hunter

Journalist

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Gary Ross Hunter has over 6 years of expertise writing about insurance, including life, health, home, and car insurance. Having reviewed hundreds of product disclosure statements and published over 800 articles, he loves simplifying complex insurance topics for everyday readers. Gary has contributed to major outlets like Yahoo Finance, The Sydney Morning Herald, and news.com.au, and holds a Bachelor of Arts (Honours) in English Literature from the University of Glasgow, along with a Tier 2 General Advice certification, ensuring his work adheres to ASIC’s RG146 standards. See full bio

Gary Ross's expertise

Gary Ross has written 522 Finder guides across topics including:

Health, home, life, car, pet and travel insurance
Managing the cost of living

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