How we compare

Life doesn’t wait around and neither do we. When you take out a Smart Family Life Insurance policy, you’ll have cover from day one – excluding intentional self inflicted injury within the first 12 months. As well as that, if a medical specialist diagnoses you with a terminal illness with 12 months or less to live, you’ll get a 100% advance on your benefit amount. That way, you can enjoy your precious time with family without needing to worry about money.

You have the choice of including optional Children’s Cover or Critical Illness Cover alongside your Family Life Insurance Policy. These extra cover options can give you added peace of mind that your loved ones are protected if the worst should happen. You’ll also have free access to a range of Health and Wellbeing services² for you, your partner, and any children you have up to age 21.

You’re not covered for death as a result of intentional self inflicted injury until 12 months after your policy has begun. If you take out optional Children's Cover or Critical Illness Cover there are specific limitations for each. You can find the full policy terms and conditions for Children’s Cover here, and for Critical Illness Cover here.

Our Family Life Insurance is simple. We give you a personalised quote that suits your needs and budget. If you’re happy with it, you can take out cover in minutes by just answering a few health and lifestyle questions. You pay your premium each month and if you die while your policy is in place, your family will receive your benefit amount. You can choose an Age-Based or Level policy.

With an Age-Based policy, your monthly premium will start at a lower amount and is recalculated every year based on your age and any applicable benefit amount increases. An automatic 5% benefit amount increase will be applied for the first 10 years of your policy, unless you decide to opt out of the benefit amount increases. This is a whole of life policy and stays in place for life as long as you keep up with payments.

With a Level policy, the benefit amount and the monthly premium remain fixed throughout the policy term, unless you decide to make changes. You can choose a policy term that lasts between 10 and 40 years.

Family life is unpredictable and we never know what lies around the corner. If you wait until you are unwell, the cost of life insurance could increase, and it could be more difficult to take out a policy to help protect your family. Not only that, but generally the younger you are when you take out a policy, the cheaper your premiums are.

At Smart Insurance, we know how important it is for you to stay fit and healthy for your family, which is why we provide free Health and Wellbeing services² to all our customers. You, your partner, and any children you have up until the age of 21, have access to a range of services to help keep your family healthy and happy, and to be ready for any curve ball that life throws at you.

With Smart Family Life Insurance, you have cover from day one (excluding intentional self inflicted injury within the first 12 months). Which means as soon as you take out a policy, you’re covered. If a medical specialist diagnoses you with a terminal illness with less than 12 months to live at any time during your policy, you’ll receive a 100% advance of your benefit amount.