GIO Australia

Life Protect Insurance

Life Protect Insurance

How long would your family be able to continue their current lifestyle if you were no longer in the picture? Nobody likes to think about tragedy striking and the impact it could have on loved ones' lives but it is a real possibility you can help try to prepare for.

GIO Life Protect could pay out a lump sum of up to $1,000,0002 if you become terminally ill or die, so you can have peace of mind knowing that you could be helping to protect your family from potential financial strain when they are simply trying to cope without you.		 Start your life protect insurance quote

GIO Life Protect insurance costs as little as a few dollars a week and you get 10% cash back every 3 years that you are covered, for the life of your cover1.

Life Protect Insurance Features2
Up to $1 million lump sum payment

Up to $1 million lump sum payment2

GIO Life Protect can pay out a lump sum in the event of your death or diagnosis of a terminal illness.
$10,000 Funeral Advancement Benefit

$10,000 Funeral Advancement Benefit2

Your family may receive a prompt payout designed to help to pay for funeral expenses when they need it most.
10% cash back every 3 years

10% cash back every 3 years1

We'll give you 10% of your premiums back every 3 years that you are covered, for the life of your cover.
Quick and easy to apply

Quick and easy to apply3

It takes seconds to get an online life insurance quote and to start applying to help protect your family from the unexpected.
No medical tests to apply

No medical tests to apply3

Just answer some questions.
Cover to age 99

Cover to age 994

We guarantee renewal up to 99 years of age.

Additional Benefits2

  • Premium Protector Benefit

    If you are disabled and unable to work for 90 consecutive days, Suncorp will pay 12 months of your GIO personal insurance premiums up to $2,000.

  • Premium Pause Benefit

    If you are unable to pay your premiums you can suspend them for 3 months over the life of the policy. During the suspension period cover is limited to accidental death only.


Finer Details
  1. This means you will be eligible to receive, every 3 years, a refund of 10% of premiums paid under a GIO Life Protect policy in the previous 3 years subject to any relevant terms that apply to the payment. No interest will be paid on the refunded amount. Refer to the GIO Life Product Disclosure Statement (PDS) for details.
  2. The payment of any benefit under a GIO Life Protect policy is subject to the relevant terms that apply to your policy - refer to the PDS for more details. In certain circumstances we may pay a benefit to your estate.
  3. Applications are subject to completion of a health and lifestyle questionnaire and possible further underwriting. Eligibility criteria apply. Provision of cover will be subject to our confirmation of acceptance of your application and receipt of correct payment details. Cover may be offered subject to special conditions.
  4. A GIO Life Protect policy will continue until it ends in accordance with its terms. Refer to the PDS for more details.

This information is a summary only and is current as at May 2011 but may be subject to change. GIO Life Protect and this information is issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530 AFSL 229880 (SLSL) under the brand, GIO. GIO General Limited ABN 22 002 861 583 (GIO) does not provide any financial product advice in relation to GIO Life Protect, nor is it the issuer of GIO Life Protect. For more information [on GIO's limited role], please refer to the GIO Financial Services Guide. You should read and consider the Product Disclosure Statement for GIO Life Protect which is issued by SLSL before making any decision about whether to acquire the product.

SLSL and GIO  are related bodies corporate of Suncorp-Metway Limited ABN 66 010 831 722 AFSL 229882 (Suncorp-Metway). Various products and services are provided by different entities in the Suncorp Group. The different entities in the Suncorp Group are not responsible for, do not guarantee and are not liable in respect of products or services provided by other entities in the Suncorp Group.  Suncorp-Metway does not guarantee and is not liable for this product.  This product is not a bank deposit or other bank liability.  Any information contained on this page has been prepared without taking into account your objectives, financial situation or needs. For that reason, before acting on this information, you should consider its appropriateness having regard to your own objectives, financial situation and needs.

If you want to obtain independent advice about the product you can contact Standard Pacific Consulting Limited AFSL 237636 ABN 84 003 315 802 (Standard Pacific), which is also a related body corporate of Suncorp-Metway. Please refer to the Standard Pacific Financial Services Guide.