ahm Life Insurance
What life insurance products does ahm offer?
ahm provides two life insurance products: ahm life insurance and ahm life insurance express.
ahm life insurance offers a higher amount of cover and is available for Australian residents aged 16 to 65 years old. Benefits include:
- Cover for up to $1.5 million, depending on age and income
- An early lump sum payment upon the diagnosis of a terminal illness, if life expectancy is less than 12 months
- A lump sum payment or partial payment for specified accidental injuries.
- An advanced payment of $15,000 to help with funeral and associated costs (subject to approval)
- Optional trauma cover and permanently unable to work cover
ahm life insurance express is available for Australian residents between 18 to 45 years old. Benefits include:
- Cover from $50,000 up to $250,000
- An early lump sum payment upon the diagnosis of a terminal illness, if life expectancy is less than 12 months
- An advanced payment of $15,000 to help with funeral and associated costs (subject to approval)
How much does ahm life insurance cost?
ahm says the cost of its life insurance products depends on the level and type of cover you have and whether you have any optional benefits added. ahm says the cost of ahm life insurance will also be based on your health and lifestyle.
You can get a quote for ahm life insurance by comparing direct life insurance on our website. You can also apply directly through ahm.
Eligibility to apply for ahm life insurance
To apply for its life insurance, ahm says you must be:
- A permanent Australian resident
- Between 16 and 65 years old for ahm life insurance or between 18 and 45 years old for ahm life insurance express
To apply for optional trauma cover, you must be between 18 and 60 years old. To apply for optional permanently unable to work cover, you must be between 16 and 60 years old.
Upon application, you’ll be asked some questions about your health and lifestyle or a statement to determine what level of cover ahm is willing to offer you.
How to apply for a ahm life insurance policy
If you fit the eligibility criteria, you can get a quote for ahm life insurance on its website. To apply for the ahm life insurance product, ahm says you will need to call ahm and answer a series of health questions. You can apply for ahm life insurance express over the phone or online and you will need to answer some health questions.
Before taking out a life insurance policy, it may be beneficial to first compare various providers to help ensure you’re applying for a policy that suits your needs.