Who is the Insurer for the Life Express Policy?
Life Express policies are insured through Metlife, one of the world’s largest insurers. The Metlife Group are a leading provider of insurance, annuities and employee benefits programs, servicing 90 million customers worldwide.
Where can I locate a copy of the Life Express Product Disclosure Statement?
Click here for a PDF copy of the Life Express Product Disclosure Statement.
Who can purchase a Life Express Policy?
Life Express policies can be purchased to cover yourself or someone else, such as a spouse or business partner. The policy can also be owned by a company, for example, to cover key employees, owners or directors. The trustee of a self-managed superannuation fund may also purchase the policy on behalf of its members. Life Express is available to applicants between the ages of 18 and 60 years.
I am a client of the Steadfast network – do I get a discount?
Clients of Steadfast Brokers get a 10% premium discount on their policies.
How much cover can I apply for?
You can apply for any level of cover from $100,000 to $1,000,000. If you choose the TPD option, the
TPD cover amount selected must be equal to or less than the life cover selected.
What factors affect my premium?
The premiums payable for Life Express are generally based on the chosen level of cover, the insured person’s age, gender, occupation and smoking status. For further details, consult the Life Express Product Disclosure Statement.
Do I need a blood test or medical to be accepted?
No, you don’t need to have any medical examinations or blood tests to take out a policy with Life Express. However, you will be asked some questions about your health and medical history when you apply for the cover.
Does the policy provide a funeral benefit?
The insurer provides an advance payment of $10,000 in the event of the insured person’s death to cover costs such as funeral expenses and other expenses faced by the family. For further details consult the Life Express Product Disclosure Statement.
If I require more than $1,000,000 Life Cover, who do I call?
The Life Express Policy provides cover up to $1,000,000. If cover is required over and above, please contact Steadfast Life on 1300 366 478 and one of our advisers will be able to assist.
Do you provide Income Protection and Trauma Insurance?
Life Express has an option for Life and Life/TPD cover only. Contact Steadfast Life on 1300 366 478 if you require advice with regards to Income Protection or Trauma Insurance.