ClearView Life Insurance Review

ClearView started out as NRMA Life in 1976 and with over 20 years experience, Clearview has grown to become one of the leading insurance companies in Australia. Clearview offers a comprehensive range of investment, superannuation, retirement and life and income protection products to ensure you and your family’s financial future is protected.

ClearView Insurance

Maximum Cover Amount

Based on financial situation

Maximum Age of Entry

75 Years

Funeral Benefit Amount

$15,000

Terminal Illness Benefit

Yes

ClearView Life Insurance

Clearview has over 20 years experience and has grown to become one of the leading life insurance companies in Australia. Clearview offers a comprehensive range of investment, superannuation, retirement and life and income protection products for you and your family.

The policy will provide a lump sum payment in the event of your death or terminal illness. You can select the amount of cover which is known as the benefit amount. Life Cover is available inside superannuation. This policy can be purchased directly or through a Clearview financial adviser.

Total and Permanent Disability (TPD) Benefit

Some sickness and injuries may end up leaving you totally and permanently disabled and unlikely to ever work again. TPD Cover will pay a lump sum benefit that can be used to make modifications your home, access the best rehabilitation support or provide on going financial security. Income Protection Cover pays an ongoing monthly benefit of up to 75% of your pre-disability income in the event you are not able to work as a result of illness or injury. This benefit is paid monthly.

Trauma Cover

Clearview Trauma Cover allows you to maintain a certain quality of life when suffering from a specific illness or injury such as cancer, heart attack or stroke. A lump-sum benefit is paid upon diagnosis and can be used to cover the cost of treatment, as well as pay off any existing debt or finance living expenses when extended leave from work is required. You can choose a benefit amount of up to $2 million, and you are covered for more than 40 specified conditions.

Accidental Death Cover

Accidental Death Cover will provide a lump sum payment in the event of your death as a result of an accident. You select the amount of cover which is known as the benefit amount. The maximum pay-out for this benefit is $1 million ($500,000 from age 56).

Funeral Insurance

Upon the production of the person insured’s death certificate, or any other satisfactory evidence of the person insured’s death, this benefit pays out a lump-sum to cover funeral costs. You can choose the level of cover, from $5000 to up to $50,000 ($10,000 from age 54).