Reward Accidental Death Cover provides a benefit of up to $500,000 if the life insured dies due to an accident. To be eligible for this cover the life insured must be an Australian resident aged 18-70 years. Acceptance is guaranteed.
Reward Accidental Death Cover is generally suitable for anyone wanting protection against the sudden, unexpected loss of a loved one due to an accident. As there are no medicals or health questions, it is also an option for anyone who is not eligible for Reward Premium Life Cover.
Reward Accidental Death Cover offers a cost effective way to have high levels of cover with very low premiums. Add Reward Accidental Injury Cover for even greater protection.
Up to 2 adult family members can be insured under a Reward Accidental Death Cover benefit.
Core Benefit Features
- The life insured must be an Australian resident aged 18-70 years at policy commencement
- Age 75
- A lump sum benefit is payable if the life insured dies as a direct result of an accident
- $50,000 to $500,000
- Inflation Protection: automatic 5% annual benefit amount increase (may be declined)
- No medicals required
- Guaranteed Issue
- self-inflicted injury
- criminal activity
- aerial activity
- motorised sport
- war or terrorism
- alcohol and drugs
- specific occupational risks