Life CoverWith AMP Life Cover you’re paid a lump sum if you die, so you can rest assured that your family will be looked financially.
If you become ill and are not expected to live for more than 12 months, you’ll receive up to 100% of your Life Cover in advance (up to a maximum of $2 million). This won’t cost you anything extra and means you can cover expenses such as medical costs, childcare or even taking a holiday with your family.
You also have the option of choosing Level Life Cover. With Level Life Cover, your premium is designed to stay the same for the entire term of your policy so you know how much you need to pay*. You can choose the age at which you wish to stop paying premiums and the age your cover will end. You also have the ability to have some or all of your premiums refunded once you reach a specified age.