CommInsure - Life Insurance & Income Protection
Established in 1995 under the name Commonwealth Connect Insurance Limited, CommInsure is one of the newer life insurance companies in the market. But as a division of the Commonwealth Bank Group, CommInsure brings with it more than 140 years of experience in the financial industry.
CommInsure is a signatory to the United Nations Principles for Responsible Investment. Signatories agree to consider environmental, social and corporate governance factors in their investment decisions. CommInsure believes in responsible investing, which considers the financial impact of environmental, social and corporate governance factors on investments.
CommInsure offers a variety of personal and group insurance products, including:
- Income Protection: CommInsure’s Income Care helps to meet the policy holder’s financial obligations by offering regular payments should they be unable to work due to a serious illness or injury.
- Trauma Cover: The trauma cover policy that CommInsure offers will provide the insured with a lump sum benefit payment if they survive for 14 days following the occurrence of a serious covered medical condition such as a heart attack, stroke, or cancer.
- Life Cover: The life cover product that is offered by CommInsure allows a payment to nominated beneficiaries in the event of the insured’s death or terminal illness.
- Disability Cover: CommInsure’s Total and Permanent Disability, or TPD, cover provides insureds with a lump sum of cash should a serious illness or injury leave them Totally and Permanently Disabled.
CommInsure also offers group life insurance and salary continuance products.
You can compare the premiums of CommInsure to other providers in the market through our comprehensive quote service.