Life Insurance renewals & payments

What would you like to do?

Your insurance will automatically renew every year on your policy anniversary date.

We'll send you an anniversary letter approximately 30 days before your renewal date that:

  • Explains any changes to your policy you need to know about
  • Confirms your policy and payment schedule

Call us for help

 132 825

Sales
8am-6pm Mon-Fri

Service
8am-8pm Mon-Fri

Your cover may be cancelled. Remember, this insurance is not an investment policy or savings plan. If we cancel it due to non-payment, you won't receive any refund on the premiums you've paid.

Life is full of change. That's why we've designed NRMA Life Insurance to give you maximum flexibility, making it easy to adjust your cover to suit your lifestyle.

As your family circumstances change and your wealth increases, it's important to make sure that your Life Insurance continues to keep pace with your needs. For example, you may want to top up your cover when you:

  • Buy a new home
  • Get married
  • Have children

Once your cover's in place, you can adjust the amount any time before your 66th birthday. Simply call us on 132 825

Our Life Insurance offers the following great discounts to everyone:

  • One month free if you pay your premium annually
  • 30% off cover between $150,000 and $300,000
  • 35% off cover above $300,000

Plus, if you're an existing NRMA Insurance customer, you'll receive an extra 5% discount on your premium for the life of your policy.

Find a saved quote

Continue where you left off with your Life Insurance quote online.

Select 'Already have a quote?' and follow the prompts.

Purchase a new policy

Get a Life Insurance quote today.

 

Over the phone

Call us now on 132 825
8am-6pm Mon-Fri

Life is full of change. That's why we've designed NRMA Life Insurance to give you maximum flexibility, making it easy to adjust your cover to suit your lifestyle.

As your family circumstances change and your wealth increases, it's important to make sure that your Life Insurance continues to keep pace with your needs. For example, you may want to top up your cover when you:

  • Buy a new home
  • Get married
  • Have children

Once your cover is in place, you can adjust the amount any time before your 66th birthday. Simply call us on 132 825

Our Life Insurance offers the following great discounts to everyone:

  • One month free if you pay your premium annually
  • 30% off cover between $150,000 and $300,000
  • 35% off cover above $300,000

Plus, if you're an existing NRMA Insurance customer, you'll receive an extra 5% discount on your premium for the life of your policy.

Choose when you pay

You can choose to pay annually, quarterly, monthly or fortnightly, it's up to you. Paying annually is cheaper than other payment options.

To suit your circumstances, you can even choose the date you pay. For example, the tenth of every month.

Update your payment details

If you want to:

  • Change when you pay
  • Pay a missed instalment
  • Delay a payment

Call us to speak to one of our customer service representatives who can assist you with your enquiry.

Call us for help

 132 825

8am-8pm Mon-Fri

To cancel your Life Insurance, call us on 132 825

You have 30 days after your insurance begins to cancel in writing or over the phone. If you cancel during this time, we'll give you a complete refund of any premiums paid.

If your policy is cancelled after the first 30 days, you won't receive any refund on the premiums you've paid.

We're here to help, so if you have any other questions about your policy, please call us and speak to one of our friendly customer service representatives.

Call us for help

 132 825

Sales
8am-6pm Mon-Fri

Service
8am-8pm Mon-Fri

It's important to help keep your family protected, but as we all know, the cost of living keeps going up. That's why we increase your benefit amount each year, unless you ask us not to. This rises in line with changes in the Consumer Price Index, or by 5%, whichever is higher. Your premiums will increase accordingly.

Your premiums also generally increase each year with age, on your policy anniversary date.

You can choose to freeze your premium. In this case, we'll lower the cover amount each year instead, to match the premium you're paying.

If you pass away or become terminally ill, with a life expectancy of less than 12 months to live, NRMA Life Insurance could provide:

  • A lump sum payment to your beneficiaries of up to $1.5 million
  • A $10,000 advance payout as soon as we approve the claim, to assist with legal costs in finalising your estate
  • Free phone-based trauma and loss counselling for your loved ones
  • A dedicated Customer Care team to help with claims

For more details about your coverage, please refer to the Product Disclosure Statement (PDS)