ClearView LifeSolutions Life Cover and Accidental Death Cover

LifeSolutions Life Cover is a comprehensive life insurance product which pays a lump sum benefit to your family if you die, so that they can live in comfort and financial security after losing you. Accidental Death Cover is a more limited life insurance product which does not provide cover if you die from an illness.

You can choose to hold your LifeSolutions Live Cover direct or through a qualifying superfund. LifeSolutions Super can attract a 15% tax benefit and there may be other tax or cash flow advantages to structuring your insurance this way. However there can also be some pitfalls, so you need to seek expert guidance from your 1300 Life Insurancefinancial advisor on the best ownership structure for your life insurance policies.

If you buy your LifeSolutions Life Cover policy outside of your superfund it offers you cover up until age 99. LifeSolutions Super policies will expire once you reach age 80. You can apply for your policy at any time until you reach age 75, although after 60 you will only qualify for stepped premiums (which means the amount you pay for your insurance will increase each year).

ClearView's life insurance policies offer a number of built-in features at no additional cost. These include a 'grief support' benefit of up to $1,000 per person for your family to attend grief counselling; an option to freeze your premiums as you get older in exchange for a reduction in the amount of your insurance; and a $25,000 advance payment of your death benefits to cover funeral costs.

For full details of the ClearView LifeSolutions range of life insurance products you can download the Product Disclosure Statement here.